Tag Archives: China

Huawei’s Patent For Blockchain-Based System To Protect Intellectual Property Unveiled

Huawei’s Patent For Blockchain-Based System To Protect Intellectual Property Unveiled

A Blockchain-based patent application filed by the telecom and networking giant Huawei was published by China’s State Intellectual Property Office on Tuesday, March 6. Shenzhen-based Huawei initially filed its patent application on Aug. 15, 2016. The document describes a Blockchain-based verification system for protection of intellectual property rights for digital content within a peer-to-peer (P2P) network. The Blockchain network, as described by […]

China’s Top Retailer Launches Startup Incubator To Lure Foreign Blockchain Projects

China’s Top Retailer Launches Startup Incubator To Lure Foreign Blockchain Projects

China’s largest online and brick and mortar retailer JD.com announced the first four startups for its Al Catapult Blockchain incubation program in a press release published Tuesday, Feb. 27. The Beijing-based program, which has seen candidates from as far afield as Australia and the UK, aims to use the company’s vast Chinese infrastructure to arrive at new applications of Blockchain and artificial intelligence (AI), according to […]

Cryptokitties is Coming to Mobile: Will Ethereum Handle the Extra Traffic?

Cryptokitties is Coming to Mobile: Will Ethereum Handle the Extra Traffic?

The blockchain-based game that caused the Ethereum network to grind to halt in December last year could be about to draw in a lot more users. This is because CryptoKitties is getting launched as a Chinese-language iOS application. The mobile edition is expected to be available on February 16 in Greater China and Singapore. The […]

Fake PBOC Email Sent to U.S. Media in Attempts to Manipulate Bitcoin Market

Fake PBOC Email Sent to U.S. Media in Attempts to Manipulate Bitcoin Market

Yesterday, U.S. media outlets were sent a bogus email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The message contained a fake invitation to a press conference between the media, the PBOC, and the Hong Kong Monetary Authority (HKMA), claiming the two organizations would be introducing new measures […]

New Monero-Mining Malware Targets Android Devices, Thousands Infected

New Monero-Mining Malware Targets Android Devices, Thousands Infected

Researchers from Chinese Cybersecurity company 360Netlab has discovered a new Android-based cryptocurrency mining malware that infects vulnerable Android devices to mine cryptocurrency, as reported in a blog post from the firm on Feb. 6. As 360Netlab reports, the ADB.Miner worm scans can affect any kind of Android device, including smartphones, tablets, and television sets. The malware infects the device to mine Monero (XMR) coins and sends all […]

Ripple’s Global Financial Network Partners With China-Based Payment Provider

Ripple’s Global Financial Network Partners With China-Based Payment Provider

LianLian International, a China-based payment services provider, has partnered with RippleNet in order to offer faster and less expensive cross border transactions to their customers across the US, Europe, and China, according to a Feb. 7 announcement on Ripple’s blog. RippleNet is Ripple’s decentralized global network, made up of banks and other financial institutions, that handles the […]

Singapore Confirms It Will Not ‘Ban’ Cryptocurrency, Has No ‘Risk Concerns’

Singapore Confirms It Will Not ‘Ban’ Cryptocurrency, Has No ‘Risk Concerns’

Singapore’s deputy prime minister Tharman Shanmugaratnam provided new commentary on the government’s commitment “not to ban” cryptocurrency as part of its future regulatory plans. In a series of fourteen statements published Monday, Feb. 5 in response to questions posed by members of parliament Tuesday, Tharman Shanmugaratnam, deputy prime minister and minister in charge of regulatory body the […]

Traditional Markets Nosedive, Following Bitcoin’s Own Slump Below $7k

Traditional Markets Nosedive, Following Bitcoin’s Own Slump Below $7k

The Dow Jones Industrial Average dropped more than 1,100 points Monday, Feb. 5 to its lowest point since 2011, while Bitcoin (BTC) also dipped below $7000 for the first time since November. The market dive took place around 2:40 pm EST, with reported trading volume at almost double the 30-day average, according to Bloomberg. While CNBC reported that no “particular piece of news” […]