Tag: Alibabacoin

March 19, 2019 BY Mariela Naydenova

Alibaba Group takes control of the “infamous” AlibabaCoin

Many know that AlibabaCoin is actually not a product of Alibaba Group China. It is a product of the Dubai-based ABBC Foundation (Alibabacoin Foundation). Upon understanding of the AlibabaCoin’s existence, the Chinese company filed a lawsuit, as the name AlibabaCoin wrongly leads to Alibaba Group. However, the lawsuit may have come out of a different…

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June 26, 2018 BY Mariela Naydenova

Why exactly is Jack Ma calling Bitcoin a bubble?

One of the most famous and prominent business people in the world has just slammed Bitcoin. Jack Ma, the founder of Alibaba and the fintech company Ant Financial, has officially said that Bitcoin is a bubble. Ma now stands in line with many business leaders who have designated Bitcoin as a bubble and as a…

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