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Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute

Nevertheless, the Conflux Incubation Center aims to invite developers and entrepreneurs to build decentralized applications (dapps) on the public permissionless blockchain developed by the firm. Like bitcoin and ethereum, that blockchain is public, so anyone can participate, and it uses a similar proof-of-work mechanism to reach consensus on the state of

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Bithumb Quashes Shanghai Office Closure Rumors After Binance Denial

South Korean cryptocurrency exchange Bithumb is denying recent reports that Chinese authorities have raided its Shanghai offices.On Nov. 21, a Bithumb spokesperson informed the Block that the recent rumors of a police raid and closure of the exchange’s Shanghai offices are false and that its one and only Shanghai

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China Crypto Crackdown? Sources Say Binance Shanghai Office Raided by Police

Malta-based cryptocurrency exchange Binance’s Shanghai office has abruptly closed its doors, several sources close to the matter told the Block. According to the sources, the exchange’s Shanghai office was recently raided by local police where many of Binance’s executives and as many as 100 employees work.Binance Refutes ClaimsWhen reached for

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Markets Crash After Reports That Binance’s Shanghai Office Closed in Crypto Crackdown

Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees reportedly worked out of the Shanghai location.Binance has not

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Shanghai Blockchain Week Returns for Fifth Consecutive Year to Discuss the Next Decade of the Blockchain Industry

Wanxiang Blockchain Labs, a non-profit research institution focusing on blockchain technology, has announced the return of its annual Global Blockchain Summit and Shanghai International Blockchain Week for the fifth year running, from September 16-18. Hosted in the W Shanghai – The Bund, the event brings together technological experts, academics,

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