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Make No Mistake, Crypto is Still Hated by Beijing Despite Bullish Blockchain Pivot

In late-October, Bitcoin incurred an explosive rally that sent its price from lows of $7,300 to highs of over $10,600. This price rally came just hours after the Chinese President made bullish comments on blockchain technology, which generated optimism that these comments would mark the start of a pivot away from the country’s predatory policies. дальше »

2019-11-19 02:00


Fintech Startup OPay Backed by Opera Gets $120M Investment to Expand Its Africa Operations

OPay, headquartered in Lagos, Nigeria has raised $120M from a horde of high-profile Chinese venture capitalists as part of its series B round of financing. OPay was launched in 2018 by Opera, the web browser primarily focuses on creating digital compensation solutions that can be used to enhance financial inclusion. According to what the company’s […] дальше »

2019-11-18 19:16


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Will China Adopt Blockchain for its Social Credit System?

They said blockchain would bring freedom by challenging world governments and greedy financial institutions. But what if blockchain is the ideal tool to enable totalitarianism? What if China Moves its Social Credit System to Blockchain? A few weeks ago, Chinese President Xi Jinping surprised the world by calling blockchain an important breakthrough, and announcing extra funding for the technology. дальше »

2019-11-15 21:00


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World’s Largest Army Could Be Rewarded in Crypto Soon

A few weeks after Chinese President Xi Jinping praised blockchain, a local military newspaper hinted that Chinese soldiers could be rewarded in crypto for their loyalty and good performance. Chinese Soldiers Might Get Rewards in Crypto The South China Morning Post cited PLA Daily, the official newspaper of the People’s Liberation Army, as saying that the Chinese army would drive innovation by implementing blockchain. дальше »

2019-11-14 15:51