Tag: Alibaba

Billionaire and vice chairman of Alibaba like crypto. Joe Tsai, a billionaire with a net worth of $8.7 billion and Alibaba vice-chairman, shared a cryptic tweet. The tweet wrote, "I like crypto". https://twitter.com/joetsai1999/status/1475705992964763655 At first glance, the statement doesn't sound that interesting. However, Joe Tsai is the executive vice-chairman of Alibaba Group, one of the largest e-commerce corporations in the world. Alibaba Group is a firm based in China, a country that does not hesitate to pressure private companies. China has…

Bitcoin (BTC) is on a roll, breaking record after record since it surpassed the $20k milestone less than three weeks ago. The leading crypto asset recently crossed $35k today and is now in the top 10 most capitalized assets globally. Bitcoin (BTC) crosses $35,000 Bitcoin continued its bullish run in the New Year, surpassing the $30,000 mark on January 2nd. After making a massive surge to $34k, the leading coin suffered a major dip on January 4. The retracement caused…

According to China’s Office of the Central Cyberspace Affairs Commission (OCCAC), the third round of blockchain projects towards approval by the Chinese regulators is taking off. The latest addition to the commission’s registry is 224 distributed ledger technology (DLT) ventures and it includes leading technology companies Alibaba, Baidu and China Mobile. It seems that the news was first revealed by a Twitter user AliceolaCrypto on April 26: “#China has just announced the 3rd batch list of #blockchain filings, 224 projects approved…

Ever since the introduction of blockchain, the world has seen technology disrupt various sectors and industries. With blockchain having some commendable success in supply chain management, health care, and others, experts seem keen to explore other areas where the innovation could come in handy.  One such area is domain name registration. Although the internet has been evolving over the years, web hosting and domain registration haven’t changed over the years. However, software companies are now looking to change the industry…

Based on recent reports, the Enterprise Blockchain platform's launch has been confirmed following its launch by Ant Financial. The platform's primary focus is directed at enterprises and is termed as "Ant Blockchain Open Alliance," which is generally an Alibaba affiliate.  Comments by the Ant Financial Group Vice President  Following the Ant Financial Group vice president's review, Jiang Guofei made it on the 8th of January. He stipulated the full operational chain's expected to launch that was presided by the beta version launch…