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Category Archives: News

China’s Digital Yuan Could Overtake Euro Sooner

Sep 24, 2020

Olusegun Ogundeji

The euro would likely be overtaken by the Chinese digital yuan if the European Union does not create its own state digital currency by 2025, an independent non-profit European research institute focused on blockchain research, has predicted in a report examining the issue of central bank digit...

China’s Digital Yuan App Testing Credit Card Repayments

Sep 22, 2020

Vincent He

Apart from the scenarios of transferring and payment, China’s digital national currency has also begun to test the "credit card repayment", the large user entry. On September 21, the plan of China (Beijing) Free Trade Pilot was announced, proposing to support the establishment of finan...

China Crypto Roundup (Sept 14- Sept 21): Chinese Team to Fork Filecoin, The Upcoming Whatsminer M50S May Surpass Antminer S19, Crypto Interest Rising Between Africa and China

Sep 21, 2020

Vincent He

The top stories from the Chinese cryptocurrency sphere this past week includes: Chinese team to fork Filecoin, Chinese bitcoin miner maker Whatsminer’s next-generation main product M50S may surpass Bitmain’s Antminer S19, a significant volume of cryptocurrency transactions is now being...

Why China’s Central Exhange DeFi Offerings Seem Half Baked

Sep 21, 2020

Decrypt

Two types of DeFi players emerged in China during the past few weeks: the OGs who are busy claiming airdropped UNI tokens, the governance token of Uniswap; and the newbies who are scratching their heads trying to get in the game but can’t because of high gas fees, or lack of know-how. ...

Chinese Team to Fork Filecoin

Sep 18, 2020

Vincent He

On the afternoon of Sep 18, Han Weiping, chairman of MIX group, said that they would fork Filecoin. A number of miner manufacturers confirmed that there will be a number of subsequent teams will announce fork. Du Jun, the founder of Node Capital, a heavy supporter of Filecoin, said he ...