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Nalezeno "china": 4211

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....

Guizhou, China, Launches Blockchain-powered Int’l Trading Platform


Features of Miao ethnic costumes in Guizhou, China. Another Chinese province reported that it is about to launch a blockchain-powered cross-border financial service platform. Per Haiwainet, Guizhou Province, in China’s mountainous southwest, will launch the initiative this month. The province’s...

Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia


During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....

Blockchain the Answer for Power Provider as China Energy Demand Soars


With summer temperatures climbing and production rising in the wake of the coronavirus pandemic, power providers in Dongguan, an industrial city in the Chinese province of Guangdong, said they have experienced a massive surge in demand – and are responding with a blockchain-powered solution. The...

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