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Tag Archives: Tencent

China’s Tech Giant Tencent To Enter the NFT Market

Jul 30, 2021

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...

Tencent Cooperates with China Authority in Crypto Scam Crackdown

Nov 25, 2019

Vincent He

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...

Bitmain’s Worry Deepens Ahead of IPO

Aug 24, 2018

Olusegun Ogundeji

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...

Tencent: We Will Never Ever Issue A Digital Token

Jul 31, 2018

ChloeJiang

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...