While it might seem that the global NFT market has seen its peak this spring, the latest news coming from China shows that non-fungible tokens are yet to see their heyday. According to the latest report from Sina Finance, one of China’s largest tech companies is reportedly eyeing the new a...
Chinese smartphone and electronics giant Xiaomi has recently set up a joint venture with a registered capital of 66 million yuan, which will particularly focus on new business areas involving blockchain, artificial intelligence (AI) and big data. The Hong Kong-listed company has been eyein...
China’s social media giant Tencent is planning to set up a cryptocurrency research team in response to the country’s push for digital currency, according to an internal notice the firm circulated on December 23. The team will be responsible for the promotions of digital currency researc...
A financial monitoring tool launched by Chinese Internet conglomerate Tencent helped China authority screen 39 enterprises suspected of illegal activities of cryptocurrency. Through AI analysis of government data, open information, reporting information, social media, “Lingkun”, the mo...
On October 19, 2019, the 2019 Tencent Blockchain White Paper was released at Tencent's first digital transformation strategy meeting jointly held by Tencent Research Institute, Tencent FIT, Tencent Cloud, Tencent Legal Innovation Center and Tencent Finance and Economics. ...
Investment research firm, Sanford C. Bernstein & Co., has released a report suggesting that Bitmain, a leading crypto mining hardware manufacturer, is losing its edge - an estimated 85% of the market for crypto mining chips - over its competitors in terms of production. The analysts at...
The world’s dominant cryptocurrency mining hardware producer Bitmain has reportedly signed its Pre-IPO financing contract with China’s technology giant Tencent, China International Capital Corporation (CICC) and Japan’s Softbank. Since then, Bitmain’s valuation has been boost...
A rumor spreads over the internet recently circulated that the Chinese tech giant Tencent (NASDAQOTH: TCEHY) is about to issue its own tokens. On July 30, Tecent officially reported that, the rumor is not true, Tencent will never ever issue a digital token. Tencent is an int...
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