Shanghai authorities will start using NFTs and metaverses to improve the economy

Jul 20, 2022

Shanghai authorities will start using NFTs and metaverses to improve the economy

Due to the protracted lockdown imposed in the wake of the coronavirus pandemic, the city’s GDP growth rate fell by 13,7% in the second quarter of 2022

CoinFLEX takes legal action to recover debt from Roger Ver

Jul 11, 2022

CoinFLEX takes legal action to recover debt from Roger Ver

The platform also intends to attract large investors to unfreeze customer funds, they have been invited to invest in equity

Chinese tech firms to implement KYC for NFT buyers

Jul 5, 2022

Chinese tech firms to implement KYC for NFT buyers

Tencent, Baidu, JD.com, and Ant Group signed a “self-discipline initiative” to combat speculation in the non-fungible token market

Prices of ASIC miners fell to lowest since January 2021

Jun 30, 2022

Prices of ASIC miners fell to lowest since January 2021

Arcane Research noted that a decline in profitability will force companies to sell equipment purchased on debt, which will collapse prices even further

Chinese blockchain platform’s chief called bitcoin the “biggest Ponzi scheme”

Jun 28, 2022

Chinese blockchain platform’s chief called bitcoin the “biggest Ponzi scheme”

According to Yifan He, the similarity to a fraudulent scheme is indicated by the constant influx of new users while the asset lacks liquidity and value

Chinese messenger WeChat imposed restrictions on content about cryptocurrencies

Jun 21, 2022

Chinese messenger WeChat imposed restrictions on content about cryptocurrencies

The platform will block accounts that disseminate information about digital assets

Chinese court invalidated car sale for cryptocurrency

Jun 21, 2022

Chinese court invalidated car sale for cryptocurrency

The buyer used Unihash (UNIH) tokens during the 2019 transaction

China’s number of NFT platforms increased five-fold since the beginning of 2022

Jun 19, 2022

China’s number of NFT platforms increased five-fold since the beginning of 2022

The total number of non-fungible token marketplaces in the country has reached 500

Huobi co-founder launched a $400 million fund to support crypto projects

Jun 17, 2022

Huobi co-founder launched a $400 million fund to support crypto projects

Investments will be directed to blockchain startups and the development of applications with the potential for mass adoption

There are 83 bitcoin nodes running in China

Jun 7, 2022

There are 83 bitcoin nodes running in China

Despite the complete ban on mining, there are still available nodes in the PRC that secure the network

BTC TOP founder predicts a rebound of the crypto market once Ethereum 2.0 is released

Jun 1, 2022

BTC TOP founder predicts a rebound of the crypto market once Ethereum 2.0 is released

Jiang Zhuoer also believes that blockchain will be the leader of the new bull cycle after the Merge upgrade is released

GMT token rate collapsed by 20% following STEPN’s refusal to serve users from China

May 27, 2022

GMT token rate collapsed by 20% following STEPN’s refusal to serve users from China

The quotes of the GST token on the Solana blockchain fell by 19% in 24 hours