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Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox -Breaking

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Shanghai Man: Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox

The weekly roundup of news in Mainland China and Taiwan aims to bring you the most relevant news and information from the sector, such as important projects and changes in regulatory policy.

Bad news for Evergrande

China won’t let 2021 pass without further blows to crypto markets, despite all its regulatory restrictions. The news broke on December 9 that Evergrande, a massive real estate developer, had fallen behind in its interest payments and it was subject to a downgrade of credit ratings.

Bitmart bounces back

What’s trending in social media

An image of CZ’s famous Tweet stuck to a food delivery scooter indicates the current state of the markets

Metaverse Madness

Continue Reading on Coin Telegraph

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