Will AlipayHK be the answer to Facebook’s Libra?
A few days after Huawei's CEO, Ren Zhengfei, called on the creation of a Chinese version to rival Facebook's Libra cryptocurrency, Alipay has received...
PBOC Strikes Again, Alipay has Closed 3000 Accounts Related to Crypto Trading
Since our previous report on RMB trading volumes in bitcoin, more news has come out of China regarding additional measures to deal with illegal...
State of Blockchain in China – Cautionary Tales and Development Stories
On August 27th Hong Kong-listed company Tongcheng Holdings did a deal with Firecoin, transferring 73.73% of their shares to Firecoin’s Chairman in a move...
Blockchain Industry: The Latest from China
As blockchain gains momentum across the world, with increasing numbers of people and countries realizing its potential, we see stories from more places where...
S. Korean cryptocurrency exchanges take responsibility for losses from hacks
In the past, S. Korean cryptocurrency exchanges had a choice to refund or not to refund funds lost by users in a hack. Although most of the exchanges which suffered a security breach in the past compensated their users for lost funds, compensation was not engraved in their terms and conditions.
Justin Sun apologizes to Public for his “immature conduct and big mouth”
Although the drama is not yet over, the lead actor has toned down and Justin Sun apologized for his recent actions which have tarnished...
Jihan Wu’s Double Game. From Bitcoin Evangelist to Dictator
Jihan Wu, the co-founder of the world's largest mining machine company, Bitmain, has seen great success mixed with fierce criticism throughout his career. Often...
Digital Yuan Airdropped to Nearly 2 Million Citizens Lottery-Style
Compared to other CBDC projects, China's Digital Currency Electronic Payment (DCEP) initiative is arguably the most advanced out there, boasting over 6 years of...
Chinese Blockchain and Cryptocurrency Media Gets a Boost from International Funding
There was some good news for Shenzhen based media company, Shenzhen Deepchain (深链财经创始), as they secured further funding for future projects. The announcement saw...
Japans FSA Responds To News about The Agency Amending Its Crypto Exchange Regulations
FSA Responds To News about The Agency Amending Its Crypto Exchange Regulations
The Financial Services Agency has finally commented on media reports insinuating that...
