Blockchain Press Releases
“Europe in the Crosshairs” – New Strider Report Details How China Systematically Recruits and Leverages Talent and Intellectual Property of Europe’s Top Semiconductor Companies to Increase Domestic Capabilities
Over the past two decades, the United Front Work Department of the Chinese Communist Party has constructed operations across Europe to recruit thousands of individuals from premier semiconductor and technology companies to PRC-based firms to advance its integrated circuit industry
SALT LAKE CITY, July 19, 2023 /PRNewswire/ — Strider Technologies, Inc. today released a new report detailing the People’s Republic of China’s (PRC) recruitment of leading scientists, technologists, and executives from European companies to develop advanced semiconductors domestically in China. These activities are part of the PRC’s strategic initiative to modernize its military and become the global technology leader.
“The PRC is relentless in its concerted, systematic pursuit to acquire the advanced technology and know-how needed to fulfill its military and economic ambitions,” said Greg Levesque, CEO, and Co-Founder of Strider. “Our data demonstrates that European technology companies, especially semiconductor firms, have been, and will continue to be, in the crosshairs of a geopolitical battle for intellectual property and talent. European governments and semiconductor companies are rising to the challenge, but more must be done to protect their talent and industrial competitiveness with the reemergence of great power competition.”
Strider’s report highlights the role of the United Front Work Department (United Front) in identifying and recruiting talent around the world to advance China’s industrial strategies, an effort referred to as the PRC’s Talent Superpower Strategy. Two United Front-backed organizations play central roles in targeting European semiconductor technology and talent: the Federation of Chinese Professional Associations in Europe (FCPAE) and one of its subsidiary organizations, the European Chinese Microelectronics Professional Forum—or the IC-Forum.
Strider’s Global Intelligence Team uncovered a systematic effort by the United Front via the FCPAE and IC-Forum to target the European technology industry, relying upon three primary methods:
1) Recruiting International Talent
- Strider’s global talent flow data shows that during the past 20 years, more than 30,000 individuals have left top European technology companies, including premier semiconductor firms, and moved to PRC-headquartered companies.
- PRC economic statecraft actors leverage government-backed talent programs, overseas alumni associations, and industry events to encourage overseas experts to relocate.
- The IC-Forum is a prime example of this talent recruitment program. At its peak, the IC-Forum boasted nearly 200 members. By 2019, 101 members had returned to the PRC where more than 15 percent were inducted into the Thousand Talents Program (TTP), one of the PRC’s elite talent recruitment initiatives.
2) Expanding International Research Collaboration
- Strider’s global publication data shows there have been more than 3,000 instances of collaboration between top European semiconductor companies and PRC organizations over the past 20 years, including those linked to the PRC government and military.
- International collaboration allows PRC government organizations to build relationships with overseas experts and facilitate their travel to China for technical exchanges and recruitment into talent programs.
3) Acquiring Leading Global Companies
- The PRC government is also funding the acquisition of leading global technology companies. Strider’s global investment data shows that over the past 20 years more than 200 instances of PRC organizations, including several state-owned enterprises, investing in European semiconductor companies.
To read the full report visit https://www.striderintel.com/resources/europe-in-the-crosshairs/.
About Strider
Strider is revolutionizing the way companies, government agencies, universities, and research institutions secure their IP and technology and compete in a new era of global strategic competition. Our trailblazing technology and strategic intelligence solutions enable clients to proactively identify, manage, and respond to state-sponsored IP theft and supply chain vulnerabilities. Strider has operations in Salt Lake City, UT, Washington, D.C., and London, U.K.
Media Contact: Dan Palumbo, [email protected], +13018752356
Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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