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China’s leading beauty app spent $50 million on Bitcoin weeks before Beijing banned crypto. Now that investment is a blackhole on its books – Fortune – BitCoinBBS

Source:

bitcoinbbs.org

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Key Topics: app, Beijing, bitcoin, blockchain, books, crypto, fintech, investment

Other China Tech Buzz:

Ping An Reports Steady Growth in 9M 2026

October 28, 2026

manilatimes.net

Xinhua Silk Road: Sino-Singapore eco-cultural complex in E China's Jinan Start-up Area receives over 1.17 mln tourist arrivals in 1st year

October 28, 2026

manilatimes.net

Phantom Blade Zero will already be "well past" 1 million copies sold, analyst says, but the action RPG "won't hit the highs" of Black Myth: Wukong's "insane sales"

October 28, 2026

gamesradar.com

India, Mexico begin talks for trade pact; aim to boost commerce, investments

October 28, 2026

economictimes.indiatimes.com

Army enhancing mechanised forces readiness in high

October 28, 2026

tribuneindia.com

Futures Rise As Hynix-Fueled Memory Mania Revives AI Trade Ahead Of Fed, Big Tech; Oil Jumps

October 28, 2026

zerohedge.com

Reliance's firms hit $318 bn in combined m-cap after Jio debut, surpass Netflix, Toyota, SAP in value

October 28, 2026

moneycontrol.com

‘If there are direct India-Taiwan flights, they will fly’: MEA after Pakistan blocks airspace over 'One-China' policy

October 28, 2026

hindustantimes.com

Kylian Mbappé and Mao-Maoing the Flak Catchers

October 28, 2026

spectator.com

Latest China Tech News

Beijing Unveils Five-Year Cyberspace Blueprint Setting 2030 Targets for 6G and National Blockchain

October 29, 2026

China’s Commercial Space Sector Gains Momentum as Chipmaker Revenue Soars and Startup Ecosystem Expands

October 29, 2026

ByteDance Enters Humanoid Robotics Race as Unitree Debuts Advanced Model in China Tech Surge

October 28, 2026

NetEase Founder William Ding Steps Down from Equity Stakes in Office and Digital Literature Units

October 27, 2026

Chinese Physicist Donates Prize Money to Launch Infrared Tech Fund in Shanghai

October 27, 2026

China Expands E-Commerce Infrastructure as Online Retail Drives Nearly Half of Consumer Growth

October 26, 2026

Hong Kong Exchange Launches AI and Semiconductor Indices with Mainland ETF Deal

October 26, 2026

Harbin Builds Automated Drone Governance Network, Boosting Municipal Inspection Efficiency by 60 Percent

October 22, 2026

China Is Building A Legal Fortress For Its Multibillion-Dollar Drone Empire

October 21, 2026

Chinese Public Sector Hardens Cybersecurity Networks as Universities and Law Enforcement Upgrade Defenses

October 21, 2026