Friday, August 25, 2023

Source: Tencent Music, Cloud Music, and more scrap their virtual lucky draws and other features at a hefty cost, as China cracks down on online gambling (Josh Ye/Reuters)

Josh Ye / Reuters:
Source: Tencent Music, Cloud Music, and more scrap their virtual lucky draws and other features at a hefty cost, as China cracks down on online gambling  —  Chinese online content platforms including Tencent Music (1698.HK) and NetEase's Cloud Music (9899.HK) have removed live streaming features …



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Bitcoin rises above $80K after jumping 20%+ last week, its biggest three-day gain since 2023; US spot bitcoin ETFs had $1.92B in net inflows last week (Lee Ying Shan/CNBC)

Lee Ying Shan / CNBC : Bitcoin rises above $80K after jumping 20%+ last week, its biggest three-day gain since 2023; US spot bitcoin ETFs...