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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms

China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »

2019-11-25 16:06


TikTok’s parent company ByteDance reportedly wants to launch its own phone

ByteDance is likely on your phone through its colony of popular apps like TikTok or Helo. Now it wants to make a phone of its own. Yes, you read that right. According to a new report by The Financial Times, the Beijing-based social media company is developing a “phone preloaded with its own apps — which include newsfeeds, short video platforms and games — in a bid to further spread its reach. дальше »

2019-5-27 15:15


Shocking! ‘Bitcoin Wins the Trade War’ as Chinese Investors Pile In

By CCN: Bitcoin is on a tear as the price of the flagship cryptocurrency has gone supersonic in 2019. It is widely believed that bitcoin’s remarkable rally is a result of booming institutional interest in the cryptocurrency, as investors are looking for alternative asset classes to park their funds at a time when the stock market is in turmoil and the global economy is on edge. дальше »

2019-5-17 21:40


WeChat Pay to reportedly take on Google Pay and Paytm in India later this year

Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. дальше »

2019-3-22 14:11