SpaceX satellites’ near-misses fuel US-China tensions

A pair of dangerously close space encounters add to the tensions between the United States and China while underscoring the potential danger to astronauts as satellite constellations and debris proliferate in orbit. Two SpaceX satellites had near misses with China’s space station earlier this year, one of them within 4 kilometers (2.5 miles), in the … Read more

China’s crypto crackdown sparks Thai crypto-mining boom

Bangkok, Thailand – By the time the ax fell on China’s massive cryptocurrency mines, Thai businessman Pongsakorn Tongtaveenan was ready to dive, quickly buying up the redundant computer processors needed to retrieve Bitcoin from the network and send it to the Southeast Asian. Prices are now back at over $ 13,000 for new “miners,” the … Read more

China unveils curbs on foreign IPOs in restricted sectors

China will impose new restrictions on the overseas listing by companies in sectors that are off-limits to foreign investment, a move that could fill a loophole that the country’s tech industry has long used to raise capital in the country. Foreign. Chinese companies in industries that are prohibited from foreign investment should seek an exemption … Read more