Tag: Alibaba
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Ethereum Soars 42%, Overtakes Coca-Cola and Alibaba in Market Cap
Ethereum’s market cap hits $307.91B, surpassing Coca-Cola and Alibaba. ETH price surges 42% in five days, reaching $2,550. Pectra upgrade enhances layer-2 scaling and validator…
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Alibaba Reportedly Lays Off Dozens in Metaverse Division
Alibaba’s metaverse division faces layoffs as its focus switches to AI. Major technology companies are reallocating resources away from the metaverse. Alibaba, the Chinese e-commerce…
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Alibaba Offers its Blockchain Product to the Rest of the World
Chinese conglomerate, Alibaba, is expanding and offering its Blockchain as a Service (BaaS) product to clients in Asia, Europe, and the U.S. It’s no secret that…
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China Faces Uphill Battle in Their Bid to Block Crypto
While China seems to be working non-stop to banish crypto, the country’s virtual currency traders are working just as hard to continue being a part…
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Chinese Conglomerates Lead Exploration of Blockchain Technology Adoption
Cryptocurrency is anathema in China, but that hasn’t stopped multinational corporations in the country from delving into developing robust blockchain technology solutions. Major Chinese conglomerates…
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Alibaba Loses Lawsuit Over Alibabacoin Trademark Infringement
Alibabacoin has been one of the more confusing projects in the digital currency space. Although it has no ties to Alibaba, it is seemingly doing…
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Ripple Aims to Expand into China Without Help From Local Businesses
It has been a while since we last discussed plans by Ripple the company. Some news has been posted in recent weeks, but nothing major.…
