Fintech

Average Salary in China’s Blockchain Sector Rose 11% Since Start of Year, Report Says

Average Salary in China’s Blockchain Sector Rose 11% Since Start of Year, Report Says

The average monthly salary for jobs in China’s fast-growing blockchain sector has reached CNY25,800 (USD4,077), up 11 percent since the start of the year, a recruitment report says.

Mar 7, 2018
Dou Shicong
Blockchain Portal Huoxing24.com Secures New Funding to Work With Developers

Blockchain Portal Huoxing24.com Secures New Funding to Work With Developers

The blockchain portal Huoxing24.com has raised CNY150 million (USD23.6 million) in A-round financing to introduce a new layout on its…

Mar 6, 2018
Liao Shumin
Tim Draper Continues Blockchain Push With China Training Camp

Tim Draper Continues Blockchain Push With China Training Camp

Renowned Silicon Valley investor Tim Draper is rounding up troops in China as he looks to bring his aggressive deployment of blockchain technology overseas.

Mar 5, 2018
Qian Tongxin
Tencent-Backed Music Streaming Firm Kuwo Denies ICO Rumor

Tencent-Backed Music Streaming Firm Kuwo Denies ICO Rumor

Kuwo, one of China’s popular music streaming apps, and backed by Chinese internet behemoth Tencent Holdings Ltd., denied rumors it…

Mar 5, 2018
Dou Shicong
JD.Com, Alibaba Roll Out Blockchain Tracking Systems for Imports

JD.Com, Alibaba Roll Out Blockchain Tracking Systems for Imports

One of China’s largest online retailers JD.Com Inc. has teamed up with a state-backed research institution to track bird nest imports using blockchain technology and guard against counterfeits.

Mar 1, 2018
Dou Shicong
China Is Keeping a Close Eye on Virtual Currency Platforms at Home and Abroad

China Is Keeping a Close Eye on Virtual Currency Platforms at Home and Abroad

China’s public security organs are closely monitoring virtual currency trading websites at home and abroad in a bid to crack down on money laundering, pyramid schemes and fraud.

Mar 1, 2018
Yin Yi
Western Securities Sues Leshi for Unpaid Loans Totaling USD158 Million

Western Securities Sues Leshi for Unpaid Loans Totaling USD158 Million

Chinese securities broker Western Securities Co. has filed a lawsuit against Jia Yueting, the disgraced founder of Leshi Internet Information…

Feb 28, 2018
Wang Juanjuan
Chinese Bitcoin Miner’s USD3-4 Billion Profit Likely Matched Nvidia’s Last Year

Chinese Bitcoin Miner’s USD3-4 Billion Profit Likely Matched Nvidia’s Last Year

Bitmain Technologies Ltd., a Chinese bitcoin miner that derives most of its income from the sale of mining hardware, may have equaled Nvidia Corp.’s earnings last year, according to new research.

Feb 26, 2018
Ying Yi
William Ding Quells Speculation He Spent USD1 Billion on Bitcoin

William Ding Quells Speculation He Spent USD1 Billion on Bitcoin

Rebuffing reports that he spent USD1 billion buying bitcoin, William Ding, NetEase Inc.’s chief executive, said he has never owned…

Feb 22, 2018
Xu Wei
Xiong’an Opens China’s First Blockchain Rental Scheme to Thwart Landlord Fraud

Xiong’an Opens China’s First Blockchain Rental Scheme to Thwart Landlord Fraud

China’s state-level district Xiong’an New Area, in the heart of the Beijing-Tianjin-Hebei region, is operating the country’s first blockchain-based home…

Feb 14, 2018
Dou Shicong
China’s Official News Agency Xinhua Endorses Tightened Crypto Regulation

China’s Official News Agency Xinhua Endorses Tightened Crypto Regulation

Chinese state-owned news agency Xinhua has recommended in a commentary that the country makes cryptocurrency regulation stricter and cut off…

Feb 13, 2018
Liao Shumin
Fallen Bitcoin Trading Giant BTCC Sold to HK Fund

Fallen Bitcoin Trading Giant BTCC Sold to HK Fund

BTC China, formerly one of the world’s largest cryptocurrency trading platforms, has been sold to an unnamed Hong Kong-based blockchain…

Feb 12, 2018
Liao Shumin

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