Places China

The third round of blockchain rankings has been released by China’s CCID Research Institute and EOS received the top rating for the second time in a row. Ethereum and Nebulas followed close after. Despite the complications Block.One faced during EOS’s main net release, CCID still felt that EOS remained supreme among all the blockchain projects […]

A prominent South East Asia-based fund management company is considering the launch of a cryptocurrency custodial service targeting regional institutional investors. The Demand for Cryptocurrency Custodians As reported by South China Morning Post on July 22, 2018, the Singapore-based Fusang Investment Office is planning to offer cryptocurrency holding services after clients expressed rising interest in […]

Imitating the infamous trend of adding “internet” to a company’s name during the dot-com bubble of 1999, China is experiencing a surge in companies registering their businesses with “blockchain” in their names. Adopting “Blockchain” According to the South China Morning Post, from January to July 2018 the number of companies undertaking such a step has risen […]

Despite China’s widespread crackdown on the burgeoning cryptocurrency sector, an influential, organized crime syndicate member seemingly circumvented strict regulations to issue digital tokens– which local reports estimate raised $750 million “in less than five minutes.” Ex-Triad Member Turns to Cryptocurrency On July 15, 2018, South China Morning Post reported on the cryptocurrency activities of Wan […]

Authorities in the Guangdong district of Southern China announced on July 12, 2018, an illegal gambling racket involving cryptocurrencies has been dismantled.

The Shanghai Stock Exchange published a research paper outlining the potential integration of blockchain technology into Chinese financial infrastructure, arguing that adopting distributed ledger technology-based replacements for existing transaction settlement models could dramatically improve efficiency. As the fourth-largest stock exchange in the world, the Shanghai Stock Exchange (SSE) boasts a market cap of $5.01 Trillion USD […]

In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard of cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs.

After announcing the election of a new consensus node, NEO has rejoined the top-10 cryptocurrencies by market capitalization. Until now, all nodes have been operated by the project’s team. NEO entered the era of decentralization!https://t.co/JOA7UibNnU — NEO Smart Economy (@NEO_Blockchain) July 4, 2018 The July 4th announcement appeared to bode well for bulls, who purchased […]

The cumulative hashing power dedicated toward Bitcoin took a hit this week after extensive flooding of mining centers in Sichuan, China. Eric Meltzer, a partner at China-based blockchain focused fund INB, published a tweet on June 29, 2018, depicting mining hardware destroyed by flooding within the Sichuan region: Rumors that a huge flood in Sichuan took […]

Business-focused blockchain project VeChain succeeded in launching its Thor mainnet, with the VeChain blockchain going live at midnight UTC June 30, 2018. The launch marks the transition of VEN tokens from the ERC-20 standard to wholly unique tokens on their own blockchain as VET tokens, a move already endorsed by major exchanges. The launch of […]

At the Blockchain Open Forum in Seoul, South Korea, China’s first crypto exchange BTCC CEO Bobby Lee said that investors in China are still trading cryptocurrencies even after the Chinese government imposed a ban on crypto trading in September 2017. Weird Regulatory State of Crypto in China The blockchain and cryptocurrency sector is in an […]

In a non-binding agreement, BTCC Pool Limited — the mining operation of former Chinese exchange BTCChina — agreed to sell a 49% stake of its Bitcoin mining pool. With 4.55% of all Bitcoin blocks in the last year, BTCC’s operation is effectively the 7th most successful BTC mining pool in the world. The buyer in question […]

China recently revealed its second batch of state-endorsed cryptocurrency ratings and notably, EOS takes the lead this round as it was entirely excluded in the first set of ratings released in May 2018. Ethereum, Steem, and Lisk held the top ratings the first time around. The blockchain projects ratings depend on three different components based on technology, […]

Global logistics giant DB Schenker is to launch a supplier evaluation system on the VeChainThor platform — the first of its kind, according to the Singapore-based blockchain. VeChain has co-developed a dApp with DB Schenker, one of the world’s leading logistics providers. On top of other supply chain offerings, this solution tracks their third-party logistics […]

Attracting a primarily youthful audience, gaming and cryptocurrency go hand in hand. Based in China, Fujian eGaming Tournament Group has partnered with Asura World LLC to fund prize pools using cryptocurrency, Asura Coin. Common Goals, Greater Exposure Fujian eGaming is teaming up with NEO-based eSports platform, Asura World LLC to incorporate China’s first gaming reward system […]

The first EOS Hackathon held in Hong Kong has concluded and the results are in. This developer venture will be ongoing throughout 2018, specifically geared toward driving the innovative development of dApps on the EOS blockchain. Thank you for attending the #EOSHackathon held at Kai Tak in Hong Kong over the past weekend and congratulations […]

Ripple CEO, Brad Garlinghouse appeared in front of an audience at the 2018 Stifel Cross Sector Insight Conference to share his thoughts on the long-term impacts of Ripple’s technology and future of cryptocurrency mass adoption. Ripple CEO: “Blockchain Will Not Disrupt Banks” Interview by Tech Analyst Lee Simpson, Garlinghouse appeared at the 2018 Stifel Cross Sector Insight Conference to […]

One of the earliest manufacturers to bring Bitcoin mining chips to market, Bitmain is now in competition with some of the largest chipmakers in the world. According to a report by Bloomberg, CEO of Bitmain, Jihan Wu just announced that the industry giant is “open” to an IPO overseas. Bitmain’s Market Dominance As one of the […]