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Latest China News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable China news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on China trends and market movements.
News
Long-Dormant Wallets Tied to $4B PlusToken China Ponzi Suddenly Wake Up and Move 2.8K ETH
Aug 07, 2024
Cryptocurrency markets are on edge. Wallets linked to the infamous PlusToken Ponzi scheme have suddenly stirred. These accounts had been quiet for over three years. On Wednesday, hundreds of wallets moved thousands of ether. The funds are tied to the $4.2 billion PlusToken scam. On-chain data shows
China to Open Up to Crypto, Tether Co-Founder Boldly Asserts
Jun 07, 2024
This week, Tether co-founder Brock Pierce mentioned that China will inevitably open up again to cryptocurrencies, standing on the cusp of a crypto revolution. In an interview, he emphasized that economic factors and growing interest among Chinese citizens and businesses will drive this change. Pierc
China's digital yuan isn't taking off. What could have gone wrong, really?
May 14, 2024
China has started trial of digital yuan, also known as e-CNY. Some state employees are now getting their salary in e-CNY. But apparently something went wrong. According to a report by the South China Morning Post (SCMP) reviewed by Coindesk, most early users immediately transfer the digital yuan bal
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