Cryptocurrency Analysis and News Portal
Blockchain firm Quarkchain has announced a partnership with the ecological department of Northeastern Chinese province Shanxi.Quarkchain and the Shanxi province will jointly develop an environmental governance platform on blockchain (EGPB). This platform will be used by the local administration for construction resource management and trading. Quarkchain stated that, while limited construction
Read More
In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain.The steel company obtained a $16.87 million shipment of steelmaking ingredients from the joint venture between the multinational mining group Rio Tinto and Hancock Prospecting Pty. Ltd. The shipment
Read More
Several courts in China have implemented blockchain technology as a way to secure properties with an electronic seal.The Executive Bureau of the People's Court in Haidian District, Beijing, has reportedly deployed a blockchain-based electronic seal to secure a property in Chaoyang district.E-sealing system applies blockchain to protect the propertyBy applying
Read More
The Chinese stock market has found itself caught within the throes of a fresh bull market, and it could create a tailwind that lifts Bitcoin.After facing the dire implications of the ongoing pandemic that originated within China’s borders, the country’s investors appear to be moving on, now helping to fuel
Read More
The research institute part of the world’s leading blockchain and cryptocurrency infrastructure provider Binance coined Binance China Blockchain Institute has announced a strategic
Read More
One of the major manufacturers bitcoin mining equipment hopes launching its own exchange could double total revenue by 2022. In an interview with Bloomberg BNN, CFO Chen Lei confirmed the Hangzhou-based Ebang was planning to launch a regulatory-compliant crypto exchange that would strictly operate outside of China, where the government
Read More
China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum.CCID’s 18th Ranking ReleasedThe Center for Information and Industry Development (CCID), under
Read More
China’s Center for Information and Industry Development, or CCID, revealed on June 18 its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using technical specifications.According to the table published by local media Chainnews, Bitcoin (BTC) was placed in the 12th place with 106.2
Read More
Bitisis, an Iran-based cryptocurrency exchange platform targeting Chinese investors with investment opportunities, has reportedly pulled an exit scam.Chinese police are currently investigating the exchange’s disappearance, with the platform appearing to have transferred users’ assets to three wallet addresses after abruptly suspending operations.However, the addresses in question are held by major
Read More
ByteDance, the Beijing-based multinational tech group behind Tiktok, is looking into adding banking to its line of products and services. It is currently bidding for a digital bank licence in Singapore, according to the Financial Times on June 15. Competition is stiffByteDance is likely to compete with a few other Asian
Read More