China


Markets

Angel Investor Amassed 10,000 Bitcoins Amid 2018 Price Slump

Cai Wensheng, a Chinese angel investor, says he bought 10,000 BTC after the price dropped earlier this year.

Cai Wensheng, an angel investor from China and chairman of image-retouching app provider Meitu

Markets

Bitcoin Futures Trading Questioned By Chinese National Media

China National Radio, a high-level mouthpiece of the government, has claimed OKEx illegally offered bitcoin futures and OTC trading.

CNR

Markets

ICBC's First Blockchain Patent Is Now Public

Industrial and Commercial Bank of China, a major state-owned bank, is exploring how to verify and share users' certificates on a blockchain.

ICBC China

Markets

Bitcoin Miners Arrested for Alleged Power Theft

Allegations of electricity theft have reportedly led to the arrest of bitcoin miners and equipment seizures in two Chinese cities.

wire

Markets

#MeToo Movement Turns to Ethereum to Evade Censorship

Inspired by the #metoo movement, students in China are coding messages into the ethereum blockchain to escape Chinese internet censorship.

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Markets

China's Official Government Auditor Is Looking at Blockchain Solutions

China's National Audit Office thinks blockchain streamline its data storage operations.

beijing government

Markets

Another Chinese City Is Backing a Big Blockchain Investment Fund

The city government of Shenzhen, China, is backing an $80 million blockchain investment fund, soon after Hangzhou city supported a similar effort.

shenzhen

Markets

Police Bust Alleged $13 Million Crypto Pyramid Scheme

Police in China have arrested the founders of a claimed cryptocurrency pyramid scheme that amassed $13 million from over 13,000 people.

Chinese policeman

Markets

Bitcoin Merchant Adoption Might Just Be Accelerating In Asia

Luxury brand Bellatorra Skin Care reports hot demand for crypto payments from both wholesale and retail customers as it expands into China and India.

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Markets

Police Abruptly Halt Chinese Blockchain Conference

A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.

cancelled