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China’s Blockchain Investment Facing Explosive Growth

China’s Blockchain Investment Facing Explosive Growth

According to the “2018 Blockchain Investment and Financing Report” released by the China Research Institute, the number of China’s blockchain enterprises has been experiencing growth for six consecutive years, and the investment and financing of the blockchain industry is exploding.   As of the end of 2017, there were more than 320 blockchain companies in the...

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Are Blockchain Projects Destroying ‘Communities’?

Are Blockchain Projects Destroying ‘Communities’?

Since its release, Bitcoin’s market value has grown to more than $100 billion. The Bitcoin community has taken on the responsibility of promoting the rapid development of the industry, and this operation relies entirely on consensus within the group. Under the operation of the community, the market value of Bitcoin has soared. According to Ronnie Moas, founder...

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Chinese Exchange ‘BTCC’ to Relaunch

Following its closure in September 2017, BTCC has announced plans to reopen the exchange platform, alongside the release of its own native token in the future. In late 2017, BTCC – formerly known as BTC China – was forced to shutdown due to pressure from the Chinese authorities. Last year, the Chinese government clamped down...

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Interview with Jay Zhou, CMO of Loopring

Interview with Jay Zhou, CMO of Loopring

The year 2017 definitely marks the big breakthrough of cryptocurrencies. Not only did the price of Bitcoin skyrocket, but altcoins also gained a lot of attention. This caused more people to join the investment craze and launch their own coin through initial coin offerings (ICOs) in order to attract funding for their projects. In the...

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OKCoin and Huobi Move to End China’s Bitcoin Withdrawal Freeze

OKCoin and Huobi Move to End China’s Bitcoin Withdrawal Freeze

Signs are emerging that a long-lasting withdrawal freeze in China’s bitcoin exchange ecosystem is finally thawing. A representative for has OKCoin confirmed a report today that withdrawals had resumed at the exchange, one of the largest in the world by volume. The spokesperson added, however, that withdrawals would be contingent on passing a verification requirement...

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China Warms Up To Blockchain Currency, May Ditch Paper Money Altogether

China Warms Up To Blockchain Currency, May Ditch Paper Money Altogether

Bitcoin is booming in Asian markets and mobile transactions are increasingly popular in industries where cash used to be king, like shopping abroad. The Chinese mobile payment platform Alipay announced this week its tap-and-go system soon will be compatible for shopping at more than 4 million American stores, strategically marketing to Chinese students and tourists in the U.S. Mobile payment...

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Inside the JBI: China’s New Blockchain Research Effort

Inside the JBI: China’s New Blockchain Research Effort

The government of the Chinese province of Jiangsu is backing a new research effort, JBI,  aimed at offering unbiased information to businesses coming up to speed on blockchain. Launched in September 2016, the Jiangsu Huaxin Blockchain Research Institute (JBI) is now going public via CoinDesk as the first state-owned enterprise to focus solely on blockchain tech....