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OKCoin’s Star Xu Questioned as Police Investigate Bitcoin Futures Allegations

OKCoin’s Star Xu Questioned as Police Investigate Bitcoin Futures Allegations Crypto exchange OKCoin’s founder Star Xu has been released from a police department in Shanghai after 24 hours assisting an investigation into investors’ accusations that OKEx manipulated bitcoin futures on its platform. Chinese business media outlet Caixin reported on Tuesday …

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ICOs are increasingly just for venture capitalists – TechCrunch

ICOs are increasingly just for venture capitalists – TechCrunch The rollercoaster-get-rich ICOs of 2017 are over — crypto companies are waking up to the idea that VC investors aren’t so bad after all. Companies used initial coin offerings (ICOs) to raise some $5.5 billion in cryptocurrency-based funding last year. As …

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TiDB developer PingCAP wants to expand in North America after raising $50M Series C – TechCrunch

TiDB developer PingCAP wants to expand in North America after raising $50M Series C – TechCrunch PingCAP co-founder and CEO Max Liu PingCAP, the company behind MySQL-compatible distributed database TiDB, said today that it plans its global operations after raising a $50 million Series C. The round was led by …

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Alibaba goes big on Russia with joint venture focused on gaming, shopping and more – TechCrunch

Alibaba goes big on Russia with joint venture focused on gaming, shopping and more – TechCrunch Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture with one of the country’s leading internet companies. Russia is said to have over 70 million internet users, around …

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WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts

WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts The WeChat messaging app is continuing its efforts to block official accounts that involve cryptocurrencies, now targeting those that distribute content for sales of bitcoin miners and cryptocurrency market analysis. The official sales channel of bitcoin mining giant Bitmain, which has …

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Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year – TechCrunch

Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year – TechCrunch Following weeks of speculation about Jack Ma’s imminent retirement, Alibaba Group announced today that its CEO, Daniel Zhang, will succeed Ma as chairman next year. After stepping down as chairman on September 10, 2019 (exactly …

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Trump wants to just tariff the hell out of China – TechCrunch

Trump wants to just tariff the hell out of China – TechCrunch Another day, another whopper of a tariff. The Trump administration has been busy finalizing the rulemaking process to put 25% tariffs on $200 billion of Chinese goods, which will almost certainly affect the prices of many critical technology …

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