Lens
Crypto Trading and Strategies
The cryptocurrency market has rebounded in the past 24 hours as news broke that China Evergrande Group, the second largest property developer in the world’s most populous nation, has taken a step back from falling off a potential debt cliff today. Fast facts While the overall cryptocurrency market is still down for the week, all […]
Lachlan Keller
Investment Insights
Chinese crypto mining rig maker Canaan Inc. announced Monday that its board of directors has authorized a share repurchase program, in a signal of confidence in crypto mining’s future and a belief that its own stock is undervalued. Fast facts Nasdaq-listed Canaan said it may repurchase up to US$20 million worth of its outstanding American […]
Timmy Shen
Crypto Trading and Strategies
Crypto investors and industry watchers are following closely the potential collapse of Chinese property giant Evergrande.
Lachlan Keller
Regulation
A focus of China's free trade and shipping, Shanghai will explore in pilot project cross border trading with offshore renminbi stablecoin.
Timmy Shen
Regulation
Four Chinese cities announced they will compete for inclusion in the next batch of digital renminbi pilot projects. They are Guangzhou, Tianjin, Yiwu and Fuzhou. Fast facts Guangzhou and Tianjin have written their goals into their city’s “14th Five-Year Financial Industry Reform Plan,” and Yiwu’s plan has been reported to the State Council. Guangzhou is […]
Ningwei Qin
Regulation
China’s Inner Mongolia region — once a thriving cryptocurrency mining hub that has enacted a series of measures to rein in the sector — is tightening its crackdown by hiring a contractor to monitor and ferret out mining operations. Fast facts The Inner Mongolia Development and Reform Commission announced on Wednesday a bidding result for […]
Timmy Shen
Regulation
Digital yuan expected to undergo its first crucial international test despite concerns it can be used as a surveillance tool.
Timmy Shen
Advanced Blockchain Technologies
Blockchain-based Service Network (BSN) soft launch is the first attempt to roll out the state-backed ‘internet for blockchain’ outside of the Chinese mainland.
Timmy Shen
Regulation
Top blockchain and crypto news: Walmart dispels Litecoin hoax. Cardano's real work begins. Beijing bears down on NFTs.
Forkast.News
Upcoming NFT Projects
Despite widespread criticism of non-fungible tokens (NFTs) that has emerged in Chinese state-owned media, the 2022 Asian Games has announced the sale of its first NFT collection. Fast facts Organizers of the games, set to take place in September 2022 in Hangzhou, the capital city of the eastern province of Zhejiang, announced in a social […]
Timmy Shen
