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Possible Exit Scam? Chinese Police Warns Investors of a “Blockchain-based” App

Aug 21, 2019

A “blockchain-based” app named “Qubu” is in payment crisis as Chinese police has issued a statement to urge investors to retreat from the scam. The blockchain project claims itself a app built upon blockchain technology to help users keep healthy. According to its website, it advocates ...

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Exit Scam? Chinese Blockchain Pets Project Vanishes With Users’ Funds

Aug 13, 2019

A Chinese blockchain pets project named ‘Huadeng Block Pet Dog’ has apparently vanished, taking as many as 23 billion of users’ investment with it. The news was reported on August 6. On August 2, ‘Huadeng Block Pet Dog’ sent a statement to its users, saying that due to the tur...

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Cryptocurrency Gamblers are Losing Interest in Gambling DApps

Aug 9, 2019

Over the past few months, cryptocurrency gamblers have left gambling dapps en masse. Data shows the proportion of players who lost money on EOS’s gambling DApp has been rising since February 2019. From February to May, the proportion of players who lost money was more than 50%. In M...

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New Dapp on EOS Allows Users to Share Profits

Jul 3, 2019

Would you like to participate in a Dapp game where the players can decide the transaction price and choose different ways of profits, becoming the shareholder of the game? Decentralized applications (Dapps) are applications that run on a P2P network of computers rather than a single compute...

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Crypto Exchange Huobi Unveiled a Public Blockchain for Decentralized Financial Services

Jul 2, 2019

Major cryptocurrency exchange Huobi is developing a new public blockchain focused on decentralized financial (DeFi) services in collaboration with Chinese blockchain startup Nervos, according to a press release on July 1. The joint initiative, provisionally named Huobi Finance Chain, i...

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Walmart China Partners with VeChain, PwC on Food Safety

Jun 26, 2019

Walmart China has launched a blockchain-powered traceability platform focusing on food safety, in combination with the Shanghai-based blockchain firm VeChain, PwC and others. According to the press release published on June 25, the Walmart China Blockchain Traceability platform, ...

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As Libra’s White Paper Released, Blockchain Pilot Application Has Long Since Launched by China’s Central Bank

Jun 24, 2019

Various areas including economy, finance, technology politics are attracted after Libra’s white paper released apart from blockchain. As the founder of Tencent, one of Internet giants in China thought Libra as a “sure thing”. Endorsed by Facebook, the social media giant contributes g...

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China led the world in blockchain application in the past month

Jun 5, 2019

In May 2019, 84 blockchain application projects were revealed worldwide, down 8.7% from March. China is still the country with the largest number of blockchain application projects. Of the 84 applications disclosed in May, 37 were in China, accounting for about 44%. Only six applications wer...

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Worldview of Bystack (I): The Three Dimensions of Asset

Jun 1, 2019

This article is translated from “Bystack世界观（一）：资产的三个维度” written by Chang Jia, founder of Bytom, a Chinese star blockchain project aiming to connect the atomic world and the crypto world. Xiao Feng (CEO of Wanxiang Blockchain) defines assets by three states: Sol...

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Bytom Gave Birth to the First Blockchain-Based Membership Certificate in China

May 31, 2019

On May 31, members of Zhejiang Digital Economics Association received a unique "digital identity card" – a blockchain-based membership certificate. It is reported that this membership certificate adopts the technology of Bytom, an interactive protocol of multiple byteassets. Information...