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Ferrari, McLaren and $15M in Crypto Seized as Chinese Police Bust Arbitrage Scam
9.7.2020
The novel Chinese scam saw perpetrators create fake crypto assets to fleece investors seeking arbitrage opportunities
Chinese Power Giant & World’s 5th Biggest Company in Blockchain Dive
9.7.2020
The State Grid Corporation of China (SGCC), the largest utility company in the world, says it will launch a blockchain “lab” – in a bid to adopt blockchain technology to its business workings and internal operations.
The SGCC is headquartered in Beijing, has around 1 million employees...
Chinese Province to Use Quarkchain for Construction Resource Management
8.7.2020
Blockchain firm Quarkchain announced a partnership with the ecological department of Northeastern Chinese province Shanxi
Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
8.7.2020
A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd
Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...
Tiktok Ban: US May Join India in Banning Chinese Social Media Apps
7.7.2020
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. The US has been concerned about Tiktok being used by the Chinese government to mine American users’ data. India has already banned Tiktok in its country...
Chinese Courts Use Blockchain for Property E-Sealing
6.7.2020
Courts in China are rolling out blockchain-based electronic seals to protect property from being disturbed or damaged
Chinese Supply Chain Innovator to Develop Blockchain System for SMEs
3.7.2020
The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country
Chinese Economist Says 2020 Is the Tipping Point for Blockchain
2.7.2020
Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries
Bitfinex Investor Reportedly Detained by the Chinese Authorities
2.7.2020
Zhao Dong was taken in custody by the police with no official statement as to his detention
US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
30.6.2020
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...
Chinese Bitcoin Mining Giant Ebang Is Launching an Offshore Exchange
29.6.2020
Ebang, the world's second-largest producer of bitcoin mining equipment, hopes an exchange could double total revenue by 2022
Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week
24.6.2020
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...
Wirecard Ex-CEO in Custody, Blockchain-powered Baby Milk + More News
23.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
Ex-CEO of German payment processor and financial services provider Wirecard is in police custody over suspicion...
Chinese City Issues Post-Pandemic Consumer Vouchers on the Blockchain
23.6.2020
Nanjing, China is basically using the blockchain to drive a local economic stimulus program
‘400 Companies’ to Use Chinese Blockchain Pilot Zone + More News
22.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Some 400 companies are participating as Guangzhou, in Guangdong Province, launches China’s first blockchain pilot...
Chinese Mining Company Ebang to Reportedly List on Nasdaq This Week
22.6.2020
Ebang will reportedly get listed on Nasdaq on June 26, hoping to raise $125 million in an initial public offering
Digital Yuan’s Backend Development Complete, Says Chinese Official
22.6.2020
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency
Bitcoin Rises in New Crypto Rankings by Chinese Government-Backed Institute
20.6.2020
China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum. CCID’s 18th...
Bityard Cryptocurrency Exchange Makes Trading Complex Contracts Simple
20.6.2020
Bityard is a digital assets trading platform focused on offering fast, easy and safe contracts trading. The Singapore-headquartered exchange is regulated and licensed in multiple leading markets around the world. An emphasis on simplicity and accessibility makes Bityard ideal for anyone looking...