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New Tencent Digital Yuan Wallet Preparing to Launch
16.4.2022
First images have emerged of specialized digital yuan wallets provided by the Tencent-run e-pay platform WeChat Pay.
Although the wallets are still in what appears to be beta testing and are not yet fully functional, some media outlets – such as Sina – appear to have been able to open wallets...
First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether Rise
14.4.2022
Both countries have ratcheted up regulation in recent months, creating a less nurturing environment for the crypto industry; most major cryptos were in the green in Wednesday trading
China-based regulatory and trade associations target NFTs in latest risk notice
13.4.2022
“We solemnly call on consumers to [...] be vigilant and stay away from NFT-related illegal financial activities,” said the associations
Central Banks Struggle With Privacy-related CBDC Headaches
13.4.2022
As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust...
Facebook whistleblower warns Metaverse will repeat 'all the harms'
13.4.2022
Frances Haugen, Facebook whistleblower at large, has now turned her focus to the Metaverse. She is worried about how Meta will handle privacy and intensely sensitive information
Nifty News: Bored & Hungry? Or want to listen to a podcast hosted by a Mutant Ape?
12.4.2022
Bored Ape Yacht Club owners can take advantage of IP rights by auditioning for a BAYC movie trilogy, while other popular NFT characters now make up the cast of iHeartMedia's latest podcast venture
A Very Cool Idea For A New Assassin's Creed Game
12.4.2022
From the earliest days of the Assassin’s Creed series, certain elements of the fanbase have been insufferable with their ideas—and demands—for new settings and time periods for the games to take place in.Read more
The Chinese Gaming Industry Is About To Start Moving Again After Devastating Nine-Month Freeze
11.4.2022
After a nine-month hiatus that put the Chinese games industry on edge, China’s culture regulators have finally started issuing new approvals for domestic games so they can be published within the country.Read more
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
11.4.2022
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is...
AUD/USD Focuses on China CPI at the Start of a Busy Week
11.4.2022
The Asia-Pacific trading week begins with the Australian Dollar taking center stage. Eyes remain on China CPI figures, which will be published today at 1:30 GMT. AUD/USD hit a high in the previous week only to lose those gains in the coming times. Shanghai has entered into the third week of...
WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
8.4.2022
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
As reported, the central People’s Bank of China (PBoC) has recently expanded the number of cities included in...
First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks
8.4.2022
Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed
China’s Central Bank Adds More Digital Yuan Pilot Cities
5.4.2022
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank...
UK's Global Crypto Hub Goal, Intel's 'Major Role' in Bitcoin Mining, KuCoin's NFT Move + More News
4.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: UK's Global Crypto Hub Goal, Intel's 'Major Role' in Bitcoin Mining, KuCoin's NFT Move + More News
Weekend Crypto Trading Offers Clues to Stock Investors as Tesla Faces Shanghai Lockdown
4.4.2022
The predictive power of tokenized stocks that are traded 24/7 is finally receiving the attention of Wall Street and the financial media, after Tesla’s stock tokens signalled bullishness among traders despite a difficult weekend for the electric car maker....
Read More: Weekend Crypto Trading...
Crypto pundits gather online to discuss innovation and national security
1.4.2022
Sheila Warren and Jerry Brito joined security expert Juan Zarate to address ways to use cryptocurrency in the national interest
China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment
1.4.2022
Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have occurred in the Philippines, the cooperation between the two countries eventually...
Bitcoin Miners Set to See a New Difficulty High as 'Tectonic Shifts' Bring 'New Opportunities'
30.3.2022
Bitcoin (BTC) mining difficulty seems likely to break another record in a matter of hours, yet again cutting into the decreasing profit margins of miners.
At 14:47 UTC, it is estimated that the Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise...
Is China’s apprehension to ban NFTs a hopeful sign for investors?
30.3.2022
China’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed
UnionPay Launches Self-service Platform for Merchants to Add Digital Yuan Pay Options
29.3.2022
Chinese businesses are finding more uses for the digital yuan – with merchants being offered services that allow them to sign up to receive central bank digital currency (CBDC) payments through third-party operators.
Per an article from China National Radio, the domestic financial behemoth...