Bytom X Polygon Empower the cross-chain and DeFi on more blockchains

Apr 27, 2021

We are excited to announce that the Bytom blockchain will collaborate with Polygon, a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon and Bytom will jointly develop the cross-chain initiative together, which fundamentally can benefit both...

China’s Central Bank Governors Believe Cryptocurrencies Should be Used as Investment Assets

Apr 20, 2021

For the better part of the last year, China has been putting most of its efforts into developing and testing its upcoming digital yuan. After banning the use of cryptocurrencies as a means of payment years back, the country has spent very little time discussing cryptocurrencies aside from an occa...

China Trying to Dominate Blockchain, Control Digital Universe

Apr 16, 2021

In the wake of Coinbase’s historical debut as the first crypto company to make its stock market debut through a direct listing on the Nasdaq on Wednesday April 14, a former Trump administration Trade and Manufacturing Policy assistant Peter Navarro has argued on Wednesday that China is...

COVID-19 Forcing China to Focus on Blockchain Projects in Its Belt and Road Initiative

Mar 25, 2021

The ongoing COVID-19 pandemic has affected almost the entire world. Both large and small, countries have been struggling to deal with the consequences of the virus and keep their economies afloat. And while China, which was hit the first and the hardest with the outbreak, has quickly manage...

The World’s First Major NFT Art Exhibition to Take Place in Beijing Next Month

Mar 15, 2021

The huge surge in popularity non-fungible tokens have seen in the past few weeks has been evident both in major market movements and the rise in new NFT projects across the globe. The NFT craze has quickly spread to Asia as well, with platforms racing to capture the loose capital flowing ar...

You Don’t Want Chinese Dominance in Blockchain, Says Head of Industry’s Largest Trade Group

Mar 5, 2021

The President of the U.S. Chamber of Digital Commerce has highlighted reasons why she thinks the U.S. has to keep up in the digital currency space in the face of existential dominance threat from China.  Perianne Boring, while talking about what the Chinese government is doing, not...

Volvo Owner Partners With Concordium to Provide Blockchain Services in China

Feb 23, 2021

Geely, the owners of the car manufacturing company, Volvo has entered into a partnership with the Concordium Foundation to provide blockchain services to China-based customers. The agreement between the parties is aimed at propelling them to “become a leading blockchain technology and service...

Ethereum-Compatible Quorum Connects BSN to Serve 80 Chinese Cities

Jan 28, 2021

ConsenSys has partnered with China’s Blockchain-based Service Network (BSN) to make its Quorum open-source protocol layer for building Ethereum-based enterprise solutions more accessible for enterprises and government organizations in about 80 Chinese cities. Quorum provides the ent...

China Crypto Roundup (Dec.29-Jan.4): Automaker Withdraws Statement about Purchasing Cars with Bitcoin, Ebang to Launch Crypto Exchange, China’s DCEP Lands in Beijing

Jan 4, 2021

Just two weeks after passing $20,000, bitcoin hit the $30,000 milestone on the second day of 2021. Witnessing the great bull, traditional companies are eyeing bitcoin, but it turned out to be unrealistic in China under the current regulatory pressure. Automaker to accept bitcoin? On Dec....

China’s 5 Hottest Blockchain Developments in 2020

Jan 4, 2021

For many, 2020 has been one of the most tumultuous years in recent history. Covid-19 swept the world and greatly slowed down, if not stopped, much of ordinary daily life. But for China’s blockchain ambitions, 2020 has been full steam ahead. Even the coronavirus pandemic could not stop China’...