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Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being inexplicably transferred to some cryptocurrency traders. дальше »
2020-12-14 15:30 | |
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JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery
Chinese e-commerce firm JD.Com says it's become the first online platform to accept the nation's central bank digital currency. дальше »
2020-12-6 13:05 | |
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Travala.com enters the fast-recovering Chinese travel market
Travala. com, a Binance-backed online travel agency has started wooing tourists in China. A report unveiled this news on September 17, noting that the firm has penetrated the Chinese travel market as the sector continues making a comeback to pre-COVID-19 levels. дальше »
2020-9-18 15:40 | |
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Everledger, JD.com Tap Blockchain for Diamond Authentication
Everledger and JD. com have announced the launch of a distributed ledger technology (DLT) solution designed to bring transparency to online diamond sales and reduce counterfeiting in the Chinese precious stones market, according to a report on August 25, 2020. дальше »
2020-8-26 01:00 | |
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Could Tighter Chinese Digital Lending Restrictions Pose a Threat to Bitcoin Mining?
The Chinese government has continued its increasingly more-regulatory environment by suggesting new restrictions in online lending. The China Banking and Insurance Regulatory Commission has sought public opinion on banks’ internet loans. дальше »
2020-5-11 05:29 | |
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Baidu’s On-Demand Video Platform, iQiYi Adopts Blockchain Technology
iQiyi, an online video platform owned by the Chinese tech giant, Baidu, has integrated distributed ledger technology (DLT) into its processes in an attempt to significantly boost its buffering speed and network congestion as well as energy consumption, according to reports on April 14, 2020. дальше »
2020-4-15 19:00 | |
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How Megafanstore Is Revolutionizing The Sports World through Stablecoins
Megafanstore is an online business that sells fan and sports articles. The company explores with the Great Branding Company, the UEFA merchandise license partner the potential of offering UEFA products, co-branded products, and other merchandising club products in the Chinese marketplace. дальше »
2020-3-4 18:19 | |
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Bitmain Slashes Staff in Preparation of Next Bitcoin Halving
Bitcoin mining hardware manufacturer Bitmain is reportedly cutting half of its staff as the BTC halving approaches. The move has angered employees as Chinese New Year also nears. Reports are emerging online of protests from disgruntled employees over Bitmain’s proposed staff cut. дальше »
2020-1-9 11:47 | |
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Chinese government shuts down 173 crypto exchanges and token issuers
Almost 200 cryptocurrency exchanges and token issuing platforms have been shut down. According to the People’s Bank of China’s (PBoC) financial report, the country will continue to crack down on “unlicensed payment” businesses, which include online lending institutions and other financial companies operating on the internet. дальше »
2019-11-26 22:15 | |
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China to Issue ‘Cryptocurrency Trading Licenses’ for Exchanges
There have been reports that cryptocurrency exchanges in China will soon be legal and regulated. A leak of one of the issued licenses circulated online today. Chinese blockchain enthusiast Crypto Even (@Crypto_Even) released a screenshot of a Chinese state license for a cryptocurrency trading service. дальше »
2019-11-1 18:44 | |
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The Xi Effect – Chinese Government to Fund Blockchain Projects
Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. дальше »
2019-10-31 10:04 | |
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Chinese Company Suning to use Blockchain in Fighting Counterfeits in the Retail Industry
Blockchain can protect the supply chain and combat counterfeits by providing end to end visibility and traceability in the entire supply chain. Suning, a Chinese retailer, has introduced the use of Blockchain for counterfeit protection before the Chinese shopping festival. дальше »
2019-10-26 00:23 | |
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Apple under scrutiny for sending Safari browsing data to China’s Tencent
Apple is attracting scrutiny for its practice of checking if the websites you’re visiting visiting are fraudulent and malware-infested after Chinese internet conglomerate Tencent was found listed as a Safe Browsing provider. дальше »
2019-10-14 10:18 | |
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Over half a million active GPS trackers have ‘123456’ as default password
Researchers have found serious security vulnerabilities in over 600,000 GPS trackers available for sale on Amazon and other online retail merchants that may have exposed user data, including the exact real-time GPS coordinates. дальше »
2019-9-6 14:20 | |
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Microsoft removes Huawei laptop listings from its online store
Google may have killed Huawei’s ambitions to become the world’s top smartphone brand, but Microsoft is quietly following suit. The Windows maker has stopped selling the Huawei MateBook X Pro in its online store in the wake of the US government’s blacklisting of the Chinese firm. дальше »
2019-5-22 16:48 | |
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Dubai Court Rejects Appeal For Imposing Harder Sentences on Crypto Scammers
Prosecutors that were seeking to impose harsher sentences to a group of crypto scammers have seen their request rejected by a court. The fraudsters were able to steal funds to a Chinese businessman in an online investment proposal. дальше »
2019-5-15 06:20 | |
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Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy
The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. дальше »
2019-4-16 22:26 | |
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Indian court asks government to ban TikTok downloads because it ‘encourages pornography’
Yesterday, the Madras High Court, situated in the southern Indian city of Chennai, directed the country’s central government to ban TiKTok, the popular video creation app from Chinese giant Bytedance. дальше »
2019-4-4 14:56 | |
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“Remember Lads, Subscribe to PewDiePie”: We Need to Talk About How Domestic Terrorists are Created Online
When I was a wide-eyed 19 year-old sophomore at the University of Hull in 2009, I had a close friend and housemate whom we shall call ‘Harry. ’ Despite the wide cultural gap between this privileged Nigerian international student and the ‘third culture’ child of middle-class Chinese-Norwegian parents who spoke in an American accent, we bonded over our mutual love for girls, videogames, Chinese cuisine, internet culture and anime. дальше »
2019-3-17 12:42 | |
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Will Tencent’s Massive Investment Help $3 Billion Reddit Take Down Facebook & Google’s Ad Duopoly?
American social news aggregation site Reddit has raised $300 million in a Series D funding round at a market valuation of $3 billion. The capital injection was led by Chinese multinational conglomerate Tencent Holdings who invested $150 million into the social site. дальше »
2019-2-12 01:37 | |
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This Chinese app reportedly maps nearby debtors to get you to shame them
We’ve known for a while now that China has a roadmap to implement a ‘social credit system’ for its citizens in 2020: the plan is to score people based on their interactions and infractions with public and private institutions, such as breaking traffic rules, and spreading misinformation online. дальше »
2019-1-18 12:42 | |
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Samsung is prepping M-series budget phones to battle its Chinese rivals in India
After playing second fiddle to Chinese rival Xiaomi in India’s burgeoning smartphone market in 2018, Samsung is set to fight back with a new line of budget-friendly handsets. The company will introduce a new M-series of phones on January 28 in India. дальше »
2019-1-14 09:31 | |
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China Judgements Online Data Shows Crypto Asset-Related Lawsuits Nearly Doubled in 2018
According to data provided by China Judgements Online, an online database that shows Chinese court documents, half of the lawsuits related to virtual currencies were filed in 2018. This shows how the crypto ban in China played a limited role in trying to avoid crypto-related scams in the market. As per China Judgements Online, there […] дальше »
2019-1-5 03:47 | |
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Number of Chinese Crypto Lawsuits Doubles in 2018
According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. дальше »
2019-1-5 23:55 | |
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Rise of foreign stars in Chinese social media marks the beginning of a new trend
China’s internet celebrity economy has expanded exponentially in recent years. According to a report released by iResearch, the number of online celebrities in China with more than 100,000 followers has increased by 57. дальше »
2018-12-27 22:00 | |
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NEM Makes Largest Chinese Artwork Database Gubi Its New Strategic Partner, XEM Lists on BitoPro
Enterprise blockchain project NEM recently entered strategic cooperation with GUBI, the largest artwork database in China. The blockchain will now be used to develop online reviews, identity systems, and other GUBI functions. дальше »
2018-12-10 15:59 | |
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Chinese Internet Court to Leverage Blockchain Benefits in Protecting Writers Intellectual Property
Blockchain technology continues to expand in the market, especially in China. An Internet Court in Hangzhou decided to implement blockchain technology and fight piracy at the expense of online writers. дальше »
2018-12-9 13:46 | |
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China’s Crackdown on Online Gambling Falters as Gambling dApps Take the Center Stage
Blockchain trend tracker SV Insight Research’s latest report on the “State of the Dapps” is sure to raise a few eyebrows within the Chinese establishment. Unless of course, the “all-seeing” CCP hawks were already aware of their faltering attempts to deliver a fatal blow to the homegrown online gambling market. дальше »
2018-11-28 14:59 | |
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Third Largest Online Retailer to Venture Into Blockchain Technology
Founded in 1998, the third largest internet company JD. com has announced it will be launching a blockchain research lab. The retailer is China’s largest internet company and ranked only behind Amazon and Google on the global scale. дальше »
2018-11-1 15:59 | |
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China’s People Capital VC Firm Partner Xunlei to Launch DLT Laboratory
People Capital, the investment and venture capital arm of China’s leading newspaper, People’s Daily Online, has formed a strategic alliance with Xunlei Limited, a Chinese multinational technology company and online service provider, to develop a distributed ledger technology (DLT) laboratory to explore the groundbreaking technology in various scenarios, reported Business Wire on October 23, 2018. дальше »
2018-10-25 03:00 | |
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David Chaum on Digital Privacy: “The Cat Is Out of the Bag”
David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days. дальше »
2018-10-24 18:02 | |
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China wants to save kids’ eyes by cutting down on video games
This week, Chinese president Xi Jinping and the Ministry of Education announced they’d be making it even harder for video games to get to the Chinese market — and the cause is the increase in Chinese children who need glasses. дальше »
2018-8-31 19:20 | |
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The Daily: Chinese Crackdown Continues, ICO Head Faces 15 Years in Prison
In today’s edition of Bitcoin in Brief we cover stories about the latest development in the ongoing Chinese government crackdown on online crypto forums, an ICO head who faces up to fifteen years in a US prison for securities fraud, and more. дальше »
2018-8-28 11:57 | |
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Search Giant Baidu to Censor Crypto Discussions on Online Forum
Chinese search giant Baidu is joining Alibaba and Tencent in a move aimed to distance itself from cryptocurrency-related activities. дальше »
2018-8-27 09:00 | |
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Search Giant Baidu to Censor Crypto Discussions on Its Online Forum
Chinese search giant Baidu is joining Alibaba and Tencent in a move aimed to distance itself from cryptocurrency-related activities. дальше »
2018-8-27 09:00 | |
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China Continues Crackdown: No Hotels, Malls, Offices Used as Crypto Venues
Zheping Huang, reporter for South China Morning Post, claims to have verified authenticity of online documents urging further crackdowns by the Chinese government as they relate to cryptocurrency. дальше »
2018-8-23 12:05 | |
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FreeWeibo is working towards a censorship-free China
China’s internet has always been heavily censored by its government. The heavy censorship, also know as The Great Firewall, restricts users from searching or sharing certain phrases and words online — like pictures of Winnie the Pooh — to ‘protect’ Chinese citizens, or so the government says. дальше »
2018-8-21 17:22 | |
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After six months of investigation: suspects nabbed for $87 million Cryptocurrency theft
Many people in some quarters are beginning to trust the police in carrying out tough investigations to conclusion. Previously, what had been common was credit card hacking and online dating scams. дальше »
2018-8-20 13:16 | |
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Chinese E-commerce Giant JD.com Launches Blockchain as a Service (BaaS) Platform
JD. com, a Chinese online retail behemoth, has debuted a new blockchain platform for enterprise clients. The platform is designed “to help enterprise customers build, host and use their own blockchain applications for more secure, transparent and convenient operations management. дальше »
2018-8-18 23:14 | |
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ZhongAn And Ediams’ Diamsledger Blockchain App Is Tracking 760,000 Diamonds
A Chinese company and subsidiary online insurance platform ZhongAn, claims that it has placed data associated with 760,000 diamonds on a blockchain. The platform announced the launch of the application on Tuesday and added that the purpose of the project is to improve traceability of luxury products. дальше »
2018-8-8 13:39 | |
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China’s censored Google is an ethical catastrophe
The Great Firewall of China is the largest-scale internet censorship operation in the world. The Chinese state says the firewall is there to promote societal harmony within an increasing population of billions of people. дальше »
2018-8-6 15:42 | |
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Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring
On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China’s Guangdong Province. дальше »
2018-7-15 14:30 | |
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Chinese Police Seize $1.5 Million in World Cup Crypto Betting Booty
More than $1. 5 million worth of cryptocurrency was seized as part of an anti-gambling operation run by Chinese police during the 2018 FIFA World Cup. Chinese Police Seize $1. 5 Million The Chinese state-run news source Xinhua reported two days ago that local authorities first came across the so far unnamed online gambling platform in May. дальше »
2018-7-14 15:48 | |
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$1.5 billion Bitcoin [BTC] fraud caught by Chinese police: World Cup 2018
Recently in the Guangdong city of China, a campaign was held by the Guangdong police against the World Bank online gambling crimes. As announced on the Guangdong Provincial Public Security Department website [in Chinese], during the World Cup, an online gambling fraud of $1. дальше »
2018-7-14 13:28 | |
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