Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown

Companies Deny Having Bitcoin or Blockchain Services Amid China’s ClampdownAfter Xunlei was questioned about Initial Miner Offerings (IMO), multiple public companies clarified that they did not and will not tap into the blockchain space. A Shenzhen-based bitcoin miner manufacturer issued a statement saying the business hasn’t generated much profit for the company. Also Read:China’s Regulatory Authority Warns About Risks of Initial Miner Offerings Produce […]

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China’s Regulatory Authority Warns About Risks of Initial Miner Offerings

China's Regulatory Authority Warns About Risks of Initial Miner OfferingsNational Internet Finance Association of China (NIFA) this Friday announced that IMOs (Initial Miner Offerings), represented by the token Wankebi and issued by Xunlei (NASDAQ: XNET), are ICOs in disguise and have emerged as a potentially risky model that warrants vigilance. Also Read: Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations Risk Alert on […]

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