Alibaba – Page 2 – DIGIT INFO

Gate.io experiences slowdown in deposits and withdrawals due to node maintenance

In a statement, the crypto exchange said that users’ funds are safe and transactions are still being processed.

OKX cites intermittent outage amid Alibaba Cloud equipment anomaly

Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting.

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China’s Ant Group to help Malaysia launch crypto-friendly ‘super app’

Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services.

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Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions

China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year After Launch as China Curbs […]

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NFT platforms in China grow 5X in four months despite government warnings

NFTs are still a gray area in China where unlike cryptocurrencies, there’s no official ban on its use, but the authorities have warned investors against the risks from time to time.

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Alibaba Cloud launches NFT solution… then quickly memory holes it

The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results.

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Chinese internet giants remove NFT platforms fearing gov’t crackdown

WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user agreements.

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Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate

China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to the social media’s 800 million active users. New App Provides […]

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Chinese e-commerce giant JD.com drops NFT series on its own blockchain

JD.com implements its own blockchain to issue free NFTs to attendees of its annual JD Discovery conference.

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Alibaba Suspends Sale of Cryptocurrency Mining Hardware on Its Platform

Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The sales behemoth made this announcement yesterday via its official website. The move is a direct consequence of the latest ban the Chinese government has applied to cryptocurrency trading and mining. Other institutions and […]

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