China plans to launch its own NFT infrastructure by Jan end, BSN confirms
According to one of its creators, a China state-backed blockchain network wants to introduce non-fungible token (NFT) infrastructure. That is unrelated to bitcoin.
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0.042 Bitcoin is demanded by hackers from a Chinese store
According to a Chinese media story, cybercriminals are holding a computer database at a supermarket in eastern China hostage. Now, seeking 0.042 Bitcoin,.
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China Unicom, China’s largest telecommunications company, now takes digital yuan for phone bills
China’s No. 3 telecoms company has begun taking digital yuan payment for phone bills on its app. Thereby, marking the latest large company.
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China has declared cryptocurrency mining to be ‘obsolete.’
China’s top economic planning body has declared crypto mining “obsolete,” reiterating the government’s attempts to completely eliminate the industry. The designation was announced.
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The Impact of China’s Crackdown on Mining Rig Prices
After China’s continued crackdown on bitcoin mining caused big players in the industry to quit or transfer their equipment to countries with friendlier.
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Baidu, a Chinese tech giant, is launching its own Metaverse
Last year, Baidu, China’s most popular search engine, announced grandiose plans for its own metaverse. However, development began in 2020, and the business.
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China’s digital yuan wallet is now available in beta on app stores
In China, a prototype version of e-CNY, China’s digital yuan mobile wallet. Also, it now live on iOS and Android app stores. According.
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Metaverse is part of China’s Shanghai development plan
Over the next five years, Shanghai, China’s most populated city, is exploring for methods to employ metaverse in public services. One of the.
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Despite the governmental pushback, Chinese investors continue to trade cryptocurrencies
Even after Binance and Huobi, two prominent crypto trading platforms, committed to purge mainland users, Chinese investors in bitcoin and other cryptocurrencies are.
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Bitmain To Halt Shipping Crypto Mining Equipment To China
Mining hardware manufacturer Bitmain will stop sending its products to mainland china. Additionally, This is a decision in the direction go China’s regulations..