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Report: Shell and Sinochem Discuss Blockchain Platform for Crude Oil
6.9.2019
Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie
Tether Announces Its Future Plans to Launch Two New Stablecoins for Users
6.9.2019
Tether, the popular crypto-fiat hybrid stablecoin firm, is planning to come in the limelight of the financial sphere, with the launch of two new crypto assets. According to the news, one coin of the controversial crypto firm will be secured with precious and lucrative commodities like gold...
Alibaba Acquires NetEase for $2 Billion as Luxury Push Gathers Pace
6.9.2019
The e-commerce industry in China has grown at a truly remarkable pace over the last decade and the company that has decisively emerged as the biggest player in the industry is Alibaba. It is one of the biggest e-commerce companies in the world and due to the sheer size of the Chinese market,...
Trump’s Trade War May Be Driving Chinese Investors to Bitcoin
6.9.2019
As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin
Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week
6.9.2019
Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium
New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
6.9.2019
The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra
China’s National Crypto Similar to Libra, Central Bank Official Says
6.9.2019
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty
Tech Companies in China Struggle in Their Efforts to Turnaround the Supermarket Industry
5.9.2019
The supermarket sector can be regarded as one of the bedrocks of most developed economies since a large portion of the population shops at one of those establishments at least once a week. However, the way in which the tech sector has managed to revolutionize a whole range of industries in...
China’s Digital Currency Is Being Built in a Secret Office with Restricted Access
4.9.2019
A dedicated team has been developing China’s digital currency in a closed-door environment, away from central bank headquarters
Singapore Firms Sign 17 Deals with Companies in Sichuan
4.9.2019
Singapore and China have always had deep business ties, and over the past decades, those ties have only been strengthened. While China has become the world’s second-biggest economy, Singapore has also become one of the world’s foremost financial hubs and one of the most dynamic business-friendly...
BitMEX CEO Arthur Hayes Accuses Binance of Plagiarism; CZ Apologizes
4.9.2019
BitMEX blames Binance for forging their documents, a while ago through a tweet that came out as appalling for the later. In the tweet, they congratulated Binance for their Testnet futures and spoke that they’re happy to see the enthusiasm that their documents brought to their executives. Here’s...
15 Arrested in China for Allegedly Bribing Internet Cafe to Mine Crypto
4.9.2019
Chinese authorities arrested fifteen men suspected of bribing an internet café admin to mine cryptocurrency
Huobi rolls out the first-ever Blockchain Smartphone
4.9.2019
Huobi, the Singapore-based cryptocurrency company said that it is drifting towards the blockchain telecom industry by rolling out an Android smartphone, called the “Acute Angle,” created in association with a blockchain funded project called Whole Network. The partial funds being entitled to Huobi...
Mogu Tech Gets Its MOGX Coin Listed on China’s TigerCoin Cryptocurrency Exchange
4.9.2019
Cryptocurrencies are gaining momentum with every passing moment. Where the financial heads are pondering over the risks associated with the digital currencies, the crypto firms are focusing on expanding their business span. Listing of cryptocurrencies on popular crypto exchanges adds an element...
Walmart’s Foray Into Blockchain, How Is the Technology Used?
3.9.2019
The last few years have seen the retail giant Walmart experiment with blockchain technology quite substantially — most notably within its food supply chain ecosystem
The People’s Bank of China (PBoC) Keeps a Tighter hold on FinTech
3.9.2019
The most recent news declares that PBoC (The People’s Bank of China) is looking forward to keep a tighter grip on the country’s FinTech, digital lending markets, and Blockchain. Additionally, China’s national bank stated that it expects to use the technology to upgrade the flow...
HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
3.9.2019
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan
China Telecom Gears up to Develop Blockchain-Enabled 5G SIM Cards
2.9.2019
China Telecom has divulged strategies to develop blockchain-enabled 5G ready SIM cards, reveals a Chinese website Sina News. The leading China Telecom’s research arm issued the white paper mentioning vital plans on the sidelines of China International Smart Industry Fair recently. The paper...
500,000 BTC Payout, Sudden Slump: Hodler’s Digest, Aug. 26–Sept. 1
1.9.2019
In this week’s Hodler’s Digest, Bitcoin back in four figures, Craig Wright ordered to pay 500,000 BTC, and French police shut massive botnet
Crypto News From Asia: Aug. 24–31 in Review
1.9.2019
A roundup of major news of the week from Asia