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More Blockchain Graduates Needed to Meet China’s Burgeoning Demand


China’s first batch of blockchain graduates will begin their courses later this year, but will not complete their studies until 2024 – with a leading expert warning that the academic sector is “seriously lagging” behind industrial demand. Per Mars Finance, the head of the Digital Economy...

Blockchain Job Salaries on the March in China


Blockchain technology-related salaries are rising to almost 2.5 times the national average for workers in major cities in China – as demand for developers and specialists skyrockets in the country. Per Chainnews, “hundreds of companies across the country are hiring blockchain staff, with monthly...

Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors


Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...

Major Chinese Banks Bar Customers From Buying Gold, Precious Metals


Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...

Chinese Police Take Down $6 Billion Plustoken Ponzi, Arrest 109 People


Chinese authorities have reportedly arrested 109 people in connection with the Plustoken Ponzi scheme. Twenty-seven of them are allegedly the scheme’s masterminds and 82 are key members. The Plustoken scammers have swindled funds worth about $5.7 billion from more than 2 million investors....

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