Tag: JD.com

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Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P 500 and Nasdaq

In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion Asset Management shorted the S&P 500 and Nasdaq 100 for the close of the second quarter, wagering approximately $1.6 billion on…
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Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Chinese Tech Giants Ready Metaverse, NFT Moves Despite Regulatory Scrutiny

  China’s tech giants are hopeful of launching metaverse and non-fungible token (NFT) businesses despite suffering a torrid year at the hands of the country’s vehemently anti-crypto government. Heavy-hitters including JD.com and Alibaba have laid out plans that involve metaverse and NFTs, although regulations have forced them to make cosmetic name changes…. Read More: Chinese…
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Nifty News: Playboy unveils 11,953 bunny avatars, Martha Stewart cooks up NFTs…

Martha Stewart has entered the NFT sector by cooking up some Halloween-themed collectibles, Coinbase announced its first four partnered NFT creators, and Playboy is dropping 11,953 unique bunny NFTs. Playboy to release tokenized bunnies into the wild PLBY Group, Inc, the owners of the raunchy lifestyle magazine Playboy unveiled a new NFT project consisting of…
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Chinese online retail giant JD.com adopts digital yuan for salary payments

Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency. JD.com has been using China’s Digital Currency Electronic Payment, or DCEP, system to pay the salaries of some employees since January. The e-commerce firm revealed the news on Sunday while announcing its participation in the one-year DCEP trial show at the…
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JD.com’s fintech wing partners with PBoC on digital currency projects

China’s e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi. The tech and payments-focused subsidiary of Chinese e-commerce company JD.com has entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China. Local media reported on Sept. 21 that JD Digital Technology and the Digital Currency…
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