China Will Open a Blockchain Technology Center in Beijing
The Chinese government plans to establish a National Blockchain Technology Innovation Center in Beijing to explore its capabilities and broad integration.
China’s “Instagram” chooses Conflux Network for permissionless blockchain integration
Toronto, Canada, 24th January, 2023, Chainwire Little Red Book, (XiaohongShu), the Chinese version of Instagram integrates Conflux Network as permissionless blockchain allowing users to showcase NFTs minted on Conflux on their profile page in the digital collection section called ‘R-Space’. The platform has more than 200 million active monthly users and this integration brings NFTs a step closer to mass […]
Chinese Users Are Little Interested in Digital Yuan
The cumulative volume of transactions in e-CNY for two years has amounted to just over 100 billion yuan ($14 billion), which is “not ideal.”
Chinese Court Recognizes NFT Collections are Virtual Property
NFT collections are virtual property, which is protected by the current Chinese law.
A Chinese Hacker Sentenced to Prison for Stealing Almost 400 ETH
The People’s Court of Shangrao City has convicted a hacker who stole more than 383 ETH from a victim’s phone using a Trojan.
China Makes Asian Digital Currency Proposal to Fight Dollar Hegemony
Researchers from the Chinese State Institute have put forward the idea of a pan-Asian digital currency to reduce the dependence of the region’s economies on the US dollar.
“The US Needs to Launch a CBDC to Compete with China”
China’s efforts to work on a digital yuan could negatively impact the US economy.
