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China News and Articles



Binance

China approves Binance listing in the national domain zone

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Cryptocurrency exchange Binance registered a domain name through the government of China. In April, the Ministry of Industry and Information of China approved the domain name Binance.cn. The domain name is registered with Shanghai Bi Nai Shi Information Technology (the name says Binance...

WoToken pyramid

Chinese police arrested WoToken pyramid organizers

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Chinese law enforcers arrested the organizers of the second largest crypto pyramid WoToken. This is with reference to local media reported the managing partner of Primitive Ventures Dowey Wan. According to court documents, the organizers of the Ponzi scheme raised $1 billion of user funds,...

Bitcoin drops because coronavirus

Coronavirus report interrupts Bitcoin movement above $9000

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Investors expect an exacerbation of the trade war between China and the United States over the coronavirus. This could affect the price of bitcoin, which previously fell below $9,000. It is reported by Bitcoinist. The day before, bitcoin reached $9203, but subsequently, its market value fell to...

China

China's CB attracted another development team to test token

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The number of participants in the Chinese Digital Currency (CBDC) launch project continues to expand. The People's Bank of China announced that a startup specializing in the development of services based on AI is going to take part in testing the digital version of the renminbi. The SenseTime team...

Sichuan

China aims to use excess hydropower in blockchain industry

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The authorities of Ya'an, one of the cities in the Chinese province of Sichuan, issued a guide on the use of “strategic opportunities in the blockchain industry," which include the use of excess hydroelectricity. In December, China accounted for 65% of the world's bitcoin hashrate, and the...

Chinese fraudsters in Malaysia

14 Bitcoin fraudsters from China were arrested in Malaysia

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Malaysian law enforcers have arrested Chinese attackers accused of cryptocurrency fraud. It is reported by the South China Morning Post. According to police, the detainees pretended to be successful investors, and their victims were found mainly in China. To reinforce this legend, they created...

People's Bank China

China's CB says the release of CBDC won't raise inflation

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The upcoming issue of regulated digital currency (CBDC) in China is widely perceived by society. Many people fear that after the launch of the digital version of the renminbi, inflation will surge. That may lead to further economic difficulties. The representative of the People's Bank of China at...

Enjin platform

Enjin blockchain gaming platform enters the Chinese market

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The Enjin game platform opens access to its wallet for the Chinese region. According to a report on Monday, ENJ is now "approved and submissive with regulatory requirements in China." In a comment to CoinDesk, Brian Kortendik, vice director of marketing at Enjin, said the wallet was...

People's Bank

China introduced a test interface of CB's digital currency

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One of the participants in the project to launch a regulated token (CBDC) in China presented his version of the interface for operations with this asset. As the portal Coin Desk clarifies, customers of the Agricultural Bank of China will be able to use the interface in test mode....

China

China unveils members of its national blockchain committee

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The Ministry of Industry and Informatization of the PRC has declared a list of affiliates of its national blockchain committee, which is going to establish rules in the field. To ensure that the federal criteria set by the team were consistent with applicable laws and additionally contributed to...

Alibaba and Tencent

Tencent and Alibaba filed for the most blockchain patents

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Chinese tech titans Tencent and Alibaba recorded the highest quantity of blockchain patents last year. Tencent and its affiliates listed 718 applications, Alibaba Group - 470 of more than 5800 (20% of the whole number of applications)....

CCID crypto rank Bitcoin

Crypto TOP: Bitcoin fell to 3 positions, the leader is EOS

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The China Electronic Information Industry Development (CCID) has published the next 17th cryptocurrency rating in a row, in which EOS still ranked first. Bitcoin (BTC) moved down to rank 14, skipping ahead Cosmos (ATOM), Stellar (XLM) and DASH. The three leaders in comparison with the previous...

Tesla blockchain CargoSmart

Tesla tested blockchain app to optimize logistics processes

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Tesla, an electric car manufacturer, became one of the participants in a pilot test of a blockchain application designed to accelerate the import of goods into China. The project was led by a Hong Kong-based supplier of supply chain technology, CargoSmart Limited. In addition to Tesla, COSCO...

Digital Yuan

China is closer to launching digital yuan thanks to Alipay

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The People's Bank of China, with the support of the payment company Alipay, has finished work on the basic functionality of the digital currency and has now focused on preparing laws to regulate its circulation. Indirectly, the transfer of the project to a new stage is indicated by Alipay's...

PBC China blockchain trade DLT

China allocated $5 million for trading blockchain platform

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The People's Bank of China has allocated ¥32.35 million ($4.7 million) to its DLT platform for trade finance. This was reported by the Global Times. Sources of the Global Times believe that 3-year funding will strengthen the security of the information exchanged and facilitate the access of small...

Micree Zhan sues Bitmain

Ex-CEO of Bitmain Micree Zhan again sues the company

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Former Bitmain CEO Micree Zhan has filed a lawsuit against the Chinese mining giant and subsidiary Zhanhua Intelligence Technologies, according to CoinDesk. A notice from the Changle District Court said the hearing was scheduled for February 11 but was rescheduled due to coronavirus. This is the...

Li Wenliang smart contract

Smart contract given to dead doctor who alerted coronavirus

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A smart contract was created on the basis of Ethereum, dedicated to Li Wenliang, a Chinese doctor, who was the first to warn of an impending coronavirus epidemic. He died in a hospital in Wuhan the day before yesterday. The smart contract code contains a biography of the deceased doctor. The...

Hyperchain against coronavirus

Hyperchain will fight against coronavirus outbreak

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A February 4 Hyperchain's publication stated the launch of a blockchain-based platform to struggle with the coronavirus plague and will be a donation portal for medical equipment to help hospitals in central China. A current explosion of coronavirus caused the death of over 400 people in the...

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