Chinese media including the Communist Party’s flagship newspaper toned down their criticism of the games industry on Wednesday, helping Tencent Holdings Ltd. and its peers recoup some of their losses from a market rout a day earlier.
Instead of calling video games “spiritual opium,” as a Tuesday article in the Economic Information Daily had, the People’s Daily publ…
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Bitcoin took a brutal fall on Monday, briefly dipping below $30,000 for the first time since July 2021. The world’s largest cryptocurrency is now worth less than half of what it was in the fall. Other cryptocurrencies, like Ether and BNB, have seen similar falls, while trading volumes have also tapered off on major exchanges. Some experts are now warning of a “crypto winter,” …
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