$11.4 Billion in Crypto-Based Transactions Flowed Out of China in 2019 Despite Ban: Report

Chinese President Xi Jinping’s call for blockchain adoption really has everyone optimistic that the Chinese central government might also look to regulate crypto trading. However, those hopes came crashing down as the news of the crackdown on crypto service providers in China followed just a few days after the President’s much-talked Blockchain adoption speech. Peckshield, […] дальше »

2020-1-13 17:48

$80 Billion Asset Management Firm Files First Blockchain ETF With China’s Security Watchdog CSRC

The China Securities Regulatory Commission (CSRC) has received an exchange-traded fund (ETF) listing application for a project that tracks blockchain-based stocks as underlying assets. Called the Penghua Shenzhen Stocks Blockchain ETF, the application was accepted on December 24 by the CSRC and was filed by the Shenzhen headquartered asset management company Penghua Fund. What the […] дальше »

2019-12-30 18:41

This Crypto-Asset Crashed 99% in Less Than 2 Weeks

HEX has managed to bag a crypto exchange listing. And it is no other than Bitcoin “Jesus” and Bitcoin Cash (BCH) proponent Roger Ver’s Bitcoin.com. The exchange took to Twitter to share the news stating, We are thrilled to announce that we have just listed #HEX by @RichardHeartWin on our exchange, giving anyone who wants […] дальше »

2019-12-16 16:47

Who’s The ‘Villain’ Behind MATIC’s 72% Crash?

“There's a sh*tcoin apocalypse ongoing at the moment,” economist and trader Alex Kruger responded with when today, in a sudden move, Matic cryptocurrency lost more than 72% of its value. The 80th largest cryptocurrency with a market cap of $53 million, Matic Network (MATIC) has been approaching it's all-time high (ATH) yesterday formally made on […] дальше »

2019-12-10 16:30

Firms Have Borrowed $8.2 Billion from the Blockchain Platform of a Chinese Forex Regulator

The Chinese regulator State Administration of Foreign Exchange (SAFE) runs a cross-border blockchain financing system and has helped firms with more than $8.2 billion. The SAFE platform has helped small and medium-sized (SMEs) corporations and enterprises with this amount of money in only 8 months after being opened, reports the Economic Information Daily. Ever since […] дальше »

2019-11-26 22:44

China: “Innovation in Blockchain Doesn’t Mean We Should Speculate in Virtual Currencies”

China’s state-owned media, People’s Daily endorsed the “orderly” blockchain innovation but at the same time cautioned to “keep it rational.” As per the translated version shared by Dovey Wan, the founding partner of Primitive Partners, the article starts with a bullish tone as it writes, “blockchain “the future is here.” JUST IN People’s Daily (CCP’s […] дальше »

2019-11-5 22:45