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

Published 12/09/2021, 09:30 PM
Updated 12/09/2021, 09:40 PM
Shanghai Man: Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Bad news for Evergrande

Even after all the regulatory crackdowns, China isnt letting 2021 slip away without a few more blows to the crypto markets. On December 9, the news revealed that massive real estate developer Evergrande had defaulted on its interest payments, and was thus subject to a credit rating downgrade.

Bitmart bouncing back

Trending on social media

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

Mad about the Metaverse

Continue Reading on Coin Telegraph

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