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Zhibao Technology’s Plans to Acquire 3,500 Bitcoin in Nasdaq PIPE Financing Deal

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.

Alphabet beats expectations in second quarter, cloud revenue nearly doubles

Google’s cloud business grew by more than 80 percent, the company said Wednesday, exceeding investor expectations as markets look for signs that the company’s AI investments are paying off. CEO Sundar Pichai said in a statement that the strong quarter was driven in part by growth in its Gemini AI models and AI-powered search queries

In Case You Haven’t Noticed, the Music Industry Is Exploding Everywhere All at Once. But Who Will Power the New ‘Chaos Economy’ Infrastructure?

Photo Credit: Pexels It’s a dizzying time to be in the music industry, with catalog investments, creative outputs, and AI-generated mayhem part of a pedal-to-the-metal explosion. On the ground, that means more companies are battling an avalanche of data overload and disconnected processes, with hair-pulling and stiff drinks part of the daily routine. But we’re

Beaxy Shuts Down Following SEC Lawsuit

By Mark Hunter1 hour agoThu Mar 30 2023 08:46:53 Reading Time: 2 minutes Crypto exchange Beaxy has closed down following charges by the SEC Beaxy, its...

Ethereum Hits Supply Deflation Record as ETH Burning Accelerates

The amount of Ethereum being burnt is increasing. This has caused the issuance to reach its highest-ever level of deflation, which is shrinking the...

Gemini to Launch International Derivatives Platform Amid Binance Regulatory Woes

The Gemini exchange is setting itself up to offer crypto derivatives products for international customers. The news comes as Binance is under investigation for...

Terraform Labs Co-Founder Daniel Shin Appears in Court for Interrogation

Terraform Labs Co-Founder Shin Hyun-Seong, otherwise known as Daniel Shin, has appeared in court for interrogation. The judge asked him various questions relating to...

‘Hate Has Consequences’: Trans Activist Group Mourns Death of Mass Shooter

‘The second and more complex tragedy,’ the group wrote, is that the shooter ‘felt he had no other effective way to be seen than...

Minors Attended Drag-Queen ‘Lap Dance’ at NC College

High schoolers were emailed invitations to the drag show, and some minors were seen tipping drag performers during the event...Read More Rebecka Pepper

Sam Bankman-Fried Is Paying His Lawyers With Funds From Alameda Research

Sam Bankman-Fried is reportedly covering his legal defense fees using funds from Alameda Research.The funds are part of a $10 million gift to SBF’s...

‘I’m Going to Have to Refer You to the IRS’: White House Remains Quiet on Surprise Visit to Taibbi’s House

Was the IRS visit ‘part of a campaign to harass or intimidate him?’ a White House press corps journalist asked...Read More Clora Howe

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Zhibao Technology’s Plans to Acquire 3,500 Bitcoin in Nasdaq PIPE Financing Deal

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.

Alphabet beats expectations in second quarter, cloud revenue nearly doubles

Google’s cloud business grew by more than 80 percent, the company said Wednesday, exceeding investor expectations as markets look for signs that the company’s AI investments are paying off. CEO Sundar Pichai said in a statement that the strong quarter was driven in part by growth in its Gemini AI models and AI-powered search queries

In Case You Haven’t Noticed, the Music Industry Is Exploding Everywhere All at Once. But Who Will Power the New ‘Chaos Economy’ Infrastructure?

Photo Credit: Pexels It’s a dizzying time to be in the music industry, with catalog investments, creative outputs, and AI-generated mayhem part of a pedal-to-the-metal explosion. On the ground, that means more companies are battling an avalanche of data overload and disconnected processes, with hair-pulling and stiff drinks part of the daily routine. But we’re

Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing

Zhibao Technology, a Shanghai-based insurance-technology firm listed on the Nasdaq, said Wednesday it has signed a non-binding term sheet for a stock sale that would be paid for in bitcoin — some 3,500 coins, worth near $220 million at current prices. The deal, a private investment in public equity known as a PIPE, would have

Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report

The crypto industry may be relatively small in terms of employers — but the economic contribution is big.  That’s according to a new report published by the National Cryptocurrency Association and the Pragmatic Policy Group, which reveals that while only 34,000 people are employed by crypto companies, the industry will contribute $55 billion in 2026