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China
Ethereum Hits New All-Time High, South Korea Says NFTs Are Not Virtual Assets
Ethereum kicks the week off at an all-time high. China’s Meten Holding Group pivots from tutoring into crypto mining. South Korea says NFTs are not virtual assets. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Crypto Exchange Huobi Global to Move Spot Trading Services to Gibraltar
The exchange believes that operating under a licensed entity will appeal to institutional investors.
mBridge Reveals 15 Use Cases and 22 Heavyweight Participants
Goldman Sachs, HSBC, Société Générale, and China’s biggest state-owned banks are part of the project.
Huobi Focuses on Expansion, Sponsors Contest to Send One Winner Into Space
The Chinese blockchain company is celebrating its eighth anniversary with a space flight contest and an industry forum featuring former Fed Chairman Alan Greenspan.
China’s CBDC Has Been Used for $9.7B of Transactions
Some 140 million people have opened wallets for the “eCNY.”
Ant Group, Tencent, JD.com Sign NFT ‘Self-Regulation’ Convention
Chinese tech giants are likely working to appease regulators.
Chinese Tech Giants Ant Group, Tencent, JD.com Sign NFT ‘Self-Regulation’ Convention
Major Chinese tech giants Ant Group, Tencent, and JD.com signed a "self-regulation" convention on NFTs with state organizations Sunday. Some suggest they are likely working to appease regulators amid an ongoing crypto crackdown in the country. "The Hash" squad discusses the latest attempts by Chinese firms to distance their products from the crypto markets.
$139M BXH Exchange Hack Was the Result of Leaked Admin Key
The hack might have been the work of one of BXH’s own employees, CEO says.
Bitmain Appoints New Legal Representative and General Manager
The new GM is a loyal ally to co-founder Zhan Ketuan, who will remain company chairman.
BSN Architect Red Date to Launch NFT Infrastructure in China
“Open permissioned” chains on the BSN are the only way NFTs will be allowed in China, says Red Date CEO Yifan He.