US senators introduced a bill to protect against the digital yuan

Mar 11, 2022

US senators introduced a bill to protect against the digital yuan

China’s national cryptocurrency will allow countries under US sanctions to bypass global financial systems, the Senate believes

​Baidu will airdrop 20 000 NFTs for free

Mar 10, 2022

​Baidu will airdrop 20 000 NFTs for free

The airdrop will be held in three rounds. The first token distribution is scheduled for March 10-12

​China has created custom graphics cards for Ethereum mining

Mar 9, 2022

​China has created custom graphics cards for Ethereum mining

The devices allow you to bypass the Nvidia limiter using a mobile processor

​Tencent filed a patent application related to virtual concerts in the metaverses

Mar 3, 2022

​Tencent filed a patent application related to virtual concerts in the metaverses

In total, the Patent Office of the People’s Republic of China received more than 16 000 applications related to metaverses

Hong Kong-based Huobi Tech launches over-the-counter cryptocurrency market

Mar 3, 2022

Hong Kong-based Huobi Tech launches over-the-counter cryptocurrency market

Huobi Technology aims to become the leading universal platform for virtual assets

Ripple UnionPay Community crypto pyramid scheme’s organizers arrested in China

Feb 25, 2022

Ripple UnionPay Community crypto pyramid scheme’s organizers arrested in China

The law enforcement officers managed to confiscate about $5,4 million in XRP cryptocurrency

​Chinese courts will improve evidence collection through blockchain

Feb 23, 2022

​Chinese courts will improve evidence collection through blockchain

The country will develop a smart court system and accept the evidence provided through a blockchain platform

Chinese Customs Authority seized 49 second-hand ASIC Antminers

Feb 22, 2022

Chinese Customs Authority seized 49 second-hand ASIC Antminers

The smugglers used false information in their export documents to smuggle the equipment

​Chinese banking regulator warns of fraud risks in the metaverse

Feb 18, 2022

​Chinese banking regulator warns of fraud risks in the metaverse

The scammers pass off their projects as genuine and then disappear with the victims’ investments

​Foreigners use the digital yuan more often than Chinese natives

Feb 17, 2022

​Foreigners use the digital yuan more often than Chinese natives

More than $315 000 in digital yuan is used daily at the Olympics

​Digital yuan surpassed Visa in number of transactions at Olympics

Feb 12, 2022

​Digital yuan surpassed Visa in number of transactions at Olympics

However, most of the e-CNY transactions were outside the “Olympic” zone

Digital yuan is not popular at the Olympics

Feb 9, 2022

Digital yuan is not popular at the Olympics

The analysts don’t see much point in a Chinese CBDC