Blockchain Scam Raises Money by Pretending to Be Associated With the Olympics
Chinese Olympic Committee says blockchain technology is being used to cover illegal fundraising by scammers Go to Source Powered by WPeMatico
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Holding Group Behind OKEx Invests in Wuhan-Based Blockchain Startup
OKEx has invested into a Wuhan blockchain startup as the city returns to normal life Go to Source Powered by WPeMatico
Most of China’s DLT Firms That Closed in 2019 Were Scams or Poorly Planned
Market research firm EqualOcean suggest that most Chinese blockchain firms that closed in 2019 lacked in business model or were crypto scams Go to Source Powered by WPeMatico
Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to Altcoins
One of the top Chinese pools has dropped out of BTC mining race due to Bitcoin price pressure Go to Source Powered by WPeMatico
10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations … Read more
People’s Bank of China Continues CBDC Development Talks
Bank of China continues CBDC development talks in Beijing via teleconference Go to Source Powered by WPeMatico
ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered … Read more
Crypto Mining Companies Promote Freedom of Speech in China
Major Chinese crypto mining companies launch a transparent information sharing platform to promote free speech Go to Source Powered by WPeMatico
150-Year-Old Chinese Gas Company Ramps Up Blockchain Adoption
Shanghai Gas will use blockchain to monitor and record data across its entire supply chain Go to Source Powered by WPeMatico
Chinese Regulator Accuses Crypto Exchanges of Fraudulent Volumes
The National Internet Finance Association of China accused foreign exchanges of wash trading, tampering with volume data, and staging outages to liquidate leverage traders Go to Source Powered by WPeMatico