Another Chinese City Is Backing a Big Blockchain Investment Fund The city government of Shenzhen, China, is backing an $80 million blockchain investment fund, soon after Hangzhou city supported a similar effort.… Read More
Chinese Police Bust Alleged $13 Million Blockchain Pyramid Scheme Police in China have arrested the founders of a claimed cryptocurrency pyramid scheme that amassed $13 million from over 13,000 people.… Read More
Bitcoin Merchant Adoption Might Just Be Accelerating In Asia Luxury brand Bellatorra Skin Care reports hot demand for crypto payments from both wholesale and retail customers as it expands into China and India.… Read More
Police Abruptly Halt Chinese Blockchain Conference A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.… Read More
China Needs Better Regulation for Blockchain Growth, Experts Say Industry experts spoke of the need for regulations and standards to boost blockchain growth at a Chinese event on Tuesday.… Read More
China’s State Electricity Firm Eyes Blockchain to Decentralize Data Sharing China State Grid Corporation, the country’s state-owned power utility, is looking to blockchain to advance its plans for an “Internet of Energy.”… Read More
China kan niet om de blockchain heen Chinese overheid richt fonds van 1,6 miljard dollar op ter ondersteuning van blockchainprojecten. Het bericht China kan niet om de blockchain heen verscheen eerst op Bitcoin Magazine. … Read More
$1.6 Billion Chinese Fund Launches in Support of Blockchain Startups Blockchain startups in China now have a new source of funding they can tap into.Today, April 9, 2018, the Xiong’An Global Blockchain Innovation Fund launched with $1.6 billion (10 billion yuan) to funnel into pro…… Read More
$1 Billion Blockchain Fund Launches with Chinese Government Backing China now has a new blockchain fund with $1.6 billion available – 30 percent of that backed by the Hangzhou city government. … Read More
Chinese Private Equity Group Unites Blockchain and Investment Strategies As cryptocurrencies continue to make their mark on the financial arena, many capital investment firms are looking to bring the power of the blockchain and traditional investment strategies together to give trader…… Read More