The largest NFT marketplace, OpenSea, saw monthly sales volume drop to $700 million in June, down from $2.6 billion in May
The amount is "nearly 170% of the total raised in the first half of this year by all China-focused private equity and venture capital groups," the FT reported.
The Act aims to subsidize the production of semiconductors in the US but the legislation has been hanging as politicians debate why a well-funded sector needs government aid
Hacker offering to sell the more than 23 terabytes of data for 10 bitcoin, equivalent to about $200,000.
Instability in the crypto sector has led to Singapore-based Vauld halting withdrawals and searching for new financial backing.
Chip stocks were hammered after Micron signalled falling demand and AMD flagged a slowdown in PC sales this year
TikTok has contacted senators over long-held fears that US user data could be passed on to China's communist government
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade