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11-15-2024
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China

8 arrested in China over $8M DeFi rug pull
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21 January, 2022

8 arrested in China over $8M DeFi rug pull

Police from Chizhou arrested the eight people from different provinces in China, seizing about $950,000 in digital assets, cars, villas,...
Will China’s digital yuan unseat the US dollar?
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12 January, 2022

Will China’s digital yuan unseat the US dollar?

The U.S. dollar makes up 51% of central bank reserves, while the CNY only takes up 2%. Also, the U.S....
2022 the year of reawakening
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10 January, 2022

2022 the year of reawakening

Society is sick with AIDS, its immune system has been compromised, and we are now exposed to any attacks upon...
The CoinGeek Pulse Episode 71: Shanghai Metaverse plan, Bitcoin mining in SE Asia, Bitcoin Genesis Day celebrates 13 years
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7 January, 2022

The CoinGeek Pulse Episode 71: Shanghai Metaverse plan, Bitcoin mining in SE Asia, Bitcoin Genesis Day celebrates 13 years

This week marks the 13th year of the Bitcoin Genesis Block. It first appeared on January 3, 2009, containing the...
China’s digital yuan wallet launches on app stores for 11 select cities
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6 January, 2022

China’s digital yuan wallet launches on app stores for 11 select cities

The wallet is available for users in Shenzhen, Shanghai, Chengdu, Qingdao, Suzhou and six other cities, as well as those...
Tencent, Huawei, and Alibaba lead 1,300+ Chinese companies in metaverse trademark race
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28 December, 2021

Tencent, Huawei, and Alibaba lead 1,300+ Chinese companies in metaverse trademark race

The money is flowing into the metaverse, with the emerging sector receiving over $1.5 billion, most of it in the...
BTC mining contract ruled to be invalid as Chinese court rejects compensation claims
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22 December, 2021

BTC mining contract ruled to be invalid as Chinese court rejects compensation claims

Aside from ruling that the contract was invalid as mining is illegal in the country, the court also turned over...
The history of paper money, banking, the gold standard, and fiat money in 10 minutes
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21 December, 2021

The history of paper money, banking, the gold standard, and fiat money in 10 minutes

Marquez Comelab takes us through the invention of paper money combined with the development and use of banking, which accelerated...
China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase
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14 December, 2021

China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase

China has embarked on the second phase of its cross-border central bank digital currency research with Hong Kong, and it...
China releases new digital yuan coupons ahead of 2022 Olympics
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10 December, 2021

China releases new digital yuan coupons ahead of 2022 Olympics

Four state-owned banks issued a new batch of digital yuan coupons in Beijing, which officials said can be used for...
Cybersecurity firm’s Qihoo 360 new software tracks block reward mining activities in China
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7 December, 2021

Cybersecurity firm’s Qihoo 360 new software tracks block reward mining activities in China

Qihoo 360 says its software can detect mining activities across any system and targets enterprises and state agencies seeking to...
China gov’t agency warns state-owned firms against mining
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21 November, 2021

China gov’t agency warns state-owned firms against mining

The NDRC has warned of dire consequences to state-owned entities in China found mining digital currencies as the crackdown on...