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  • Bitcoin News

    The9 sets up another joint venture to mine crypto in Kazakhstan

    The9 Ltd., a Chinese gaming company that only a few months ago pivoted its business to crypto mining, is setting up another joint venture in Kazakhstan as it ramps up its mining operations in the Central Asian nation that shares a border with China. Fast facts Nasdaq-listed The9 has signed an investment memorandum through a subsidiary […]

    Timmy Shen

  • Regulation

    Thailand publishes CBDC study results, pilot test to start in 2022

    The Bank of Thailand today published the results of its retail central bank digital currency (CBDC) study and public survey, which the central bank says will guide the development of the country’s CBDC pilot test. Fast facts The Bank of Thailand underscored that a CBDC for the general public “must not adversely affect monetary policy […]

    Michelle Lim

  • Advanced Blockchain Technologies

    Friends may forgive debts, but WeChat’s new blockchain IOU won’t let anyone forget it

    China’s internet giant Tencent launched a blockchain-based digital IOU service on its flagship product WeChat, one of the nation’s most popular apps for messaging and payments.  Fast facts Aside from Wechat’s existing “mini receipt” and “mini contract,” Tencent says its new IOU function would allow friends to borrow money more easily from each other, according […]

    Kelly Le

  • Regulation

    Chinese crypto firms donate millions of yuan to flood-hit Henan

    Three blockchain and crypto-related companies have donated hundreds of millions of yuan to China’s Henan Province, which has suffered deadly floods since last week. Fast facts Bitmain, a crypto mining firm was the first to announce a donation of 10 million yuan (US$1.54 million) on July 23 to a charity federation in Zhengzhou, the provincial […]

    Kelly Le

  • Blockchain Security

    Can blockchain voting break the cycle of elections fraud in Africa?

    A decentralized, digitized and secure voting system could make elections more transparent, honest and trusted. But can blockchain voting also stem violence against voters — and overcome stains from the Voatz debacle?

    Kingsley Obinna Alo