China’s national cryptocurrency will allow countries under US sanctions to bypass global financial systems, the Senate believes
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Crypto regulations
Mar 11, 2022
US senators introduced a bill to protect against the digital yuanChina’s national cryptocurrency will allow countries under US sanctions to bypass global financial systems, the Senate believes
Trends
Mar 10, 2022
Baidu will airdrop 20 000 NFTs for freeThe airdrop will be held in three rounds. The first token distribution is scheduled for March 10-12
Mining
Mar 9, 2022
China has created custom graphics cards for Ethereum miningThe devices allow you to bypass the Nvidia limiter using a mobile processor
Trends
Mar 3, 2022
Tencent filed a patent application related to virtual concerts in the metaversesIn total, the Patent Office of the People’s Republic of China received more than 16 000 applications related to metaverses
Technologies
Mar 3, 2022
Hong Kong-based Huobi Tech launches over-the-counter cryptocurrency marketHuobi Technology aims to become the leading universal platform for virtual assets
Incidents
Feb 25, 2022
Ripple UnionPay Community crypto pyramid scheme’s organizers arrested in ChinaThe law enforcement officers managed to confiscate about $5,4 million in XRP cryptocurrency
Crypto regulations
Feb 23, 2022
Chinese courts will improve evidence collection through blockchainThe country will develop a smart court system and accept the evidence provided through a blockchain platform
Mining
Feb 22, 2022
Chinese Customs Authority seized 49 second-hand ASIC AntminersThe smugglers used false information in their export documents to smuggle the equipment
Trends
Feb 18, 2022
Chinese banking regulator warns of fraud risks in the metaverseThe scammers pass off their projects as genuine and then disappear with the victims’ investments
Trends
Feb 17, 2022
Foreigners use the digital yuan more often than Chinese nativesMore than $315 000 in digital yuan is used daily at the Olympics
Trends
Feb 12, 2022
Digital yuan surpassed Visa in number of transactions at OlympicsHowever, most of the e-CNY transactions were outside the “Olympic” zone
Trends
Feb 9, 2022
Digital yuan is not popular at the OlympicsThe analysts don’t see much point in a Chinese CBDC