China

cyber crime

Yesterday the United States, along with its Five Eyes partners and NATO took the unprecedented step of openly accusing China of a global cyberespionage campaign. US Secretary of State Antony Blinken said the Chinese sponsored attacks posed “a major threat to our economic and national security”. The statements came after

Cryptocurrencies

The fallout from the Chinese crackdown and the Binance trading scandal has left the cryptocurrency world in a funk.  London-based researcher CryptoCompare’s June data shows that spot trading volumes dropped precipitously. Spot trading volumes fell 42.7 per cent, and derivative volumes were down 40.7 per cent. “Headwinds continued as China

Rare earth metals remain the flavour of the day amongst the battery and electric vehicle producers.  Australian listed Vital Metals Ltd (ASX: VML) announced the commencement of rare earth production at their Nechalacho project in Canada. Ore is now being crushed, and the company remains on schedule for the first

China’s irritation with tech companies has grown more significant with a move over the weekend to limit the access of local rideshare service Didi Chuxing from local app stores. The ban comes just days after the company listed on the US stock exchange, in a major flex by a government

Yet another manifestation of supply-chain angst hit the headlines last week, when Prada and Zegna moved to secure their supplies of cashmere fabric. The two Italian fashion icons are partnering to acquire a controlling stake in Italian cashmere producer Filati Biagioli Modesto in a quest to secure a domestic supply chain and

Non-Fungible Tokens (NFTs) are digital assets that represent a real-world object. The digitised asset could be anything from an artwork to a film clip of LeBron James scoring a three pointer; it might even be a black tulip.  Once digitised, the items exist on a blockchain, usually the Ethereum blockchain.  The

Ethereum, cryptocurrency, ICO, fintech

Last week, The Sichuan Provincial Development and Reform Commission, and the Sichuan Energy Bureau issued a joint notice demanding the closure of 26 suspected cryptocurrency mining projects by the end of the past weekend. This follows a recent move by China to arrest more than 1,000 people for using the

Chinese arrest 1,100 in crackdown Reports are emerging from China that the Government has had enough. The Ministry of Public Security said 1,100 people suspected of using cryptocurrencies to launder the takings from various internet and telephone scams had been arrested. The move comes on the back of bans last

The perceived risk of artificial intelligence is linked to people’s location and profession, according to a new study, with those in the West typically much more concerned about the technology. In contrast, less than one in ten people in China say AI will be mostly harmful, and the majority believe

Our recent research shows that venture capital (VC) investment in computer vision technology firms has increased four-fold from 2016-2018 exceeding a total of $8 billion USD. We analysed over 1400 deals during this three year period. Our analysis also indicates that Chinese investors investing in Chinese companies are dominating the