Class A shares of the three major telecommunications operators continued to rise, China Telecom rose to a record high, China Unicom rose more than 7%, China Mobile rose more than 4%.
Cathedra Bitcoin, the Canadian bitcoin miner, is shutting down its seven-year-old mining operation in favour of a new strategy: buying as many bitcoins as possible on the open market, as MicroStrategy has done. In its "Bitcoin Financial Strategy Memorandum" on September 16, Cathedra explained that its new plan would move "all capital allocation decisions" towards maximising the company's per-share bitcoin reserves - what many of its largest shareholders consider "the most important" metric. With...
On September 8th, this year's No. 11 typhoon "Capricorn" weakened to a tropical depression in Son La Province, Vietnam this morning (8th). At present, its wind has further weakened, and the Central Meteorological Observatory stopped numbering it at 17:00 on September 8th.
In its cease-and-desist order issued on Wednesday, the Federal Reserve said United Texas Bank, which has ties to the crypto industry and is understood to have worked with cryptocurrency companies in the past, notably with the Stellar Foundation and Circle's USDC, had "material deficiencies" in crypto customer and bank risk management. The Federal Reserve added that the Bank of United Texas has since taken steps to strengthen its banking...