Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines
The Beijing Internet Finance Industry Association (BIFA) issued a notice on July 9 urging retail investors to reject pitchbooks that…
Tag: Chinese
Leading Chinese Gaming Firm Converts
Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its…
Chinese E-commerce Giant Alibaba Downsizing Metaverse Unit to Streamline Operations: Report
In line with a broader trend among major tech firms, Chinese e-commerce behemoth Alibaba is downsizing its metaverse operations. The…