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Filecoin Price Prediction as FIL Pumps Up 70% in 7 Days – Is China Buying?


Leading decentralised storage protocol Filecoin (FIL) undertook a magnificent 75% rally over the weekend. This marks a break to half a year of suffocative price action for the once highly-prized cloud-storage asset. Filecoin is currently trading at $8.59 (+1.45% in the last 24 hours). February...

Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers


Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial. Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges. The public prosecution agency claims that the “gang”...

China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot


Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong. China Banking and Insurance News (via JRJ) reported that the event is the brainchild of the central People’s Bank of China (PBoC) and the Luohu District local government. Luohu is located close to Hong...

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