Trillion Market Opportunities in the Blockchain Under the New Wave of Infrastructure

Apr 6, 2020

The blockchain technology still has pretty basic use-cases and it's far from finding proper industrial applications. So, does it have the capabilities to support China’s newly announced “New Infrastructure?” Recently, the U.S. market’s stock disaster shook its financial system to ...

PBoC-Backed Internet Finance Regulatory Group Warns Against Virtual Currency, Speculation

Apr 2, 2020

The national self-regulatory organization for the Chinese internet finance sector has reiterated the need for institutions and individuals in the country "to strictly abide by national laws and regulatory requirements, and stay clear of virtual currency transaction activities and related speculati...

Bytom CEO Lang Yu Answered Questions about MOV from the Community in AMA

Apr 2, 2020

To celebrate the launch of MOV exchange protocol, Bytom team hosted an AMA in telegram on April 1st. Bytom CEO Lang Yu answered questions from the community. Q1：What is the relationship between MOV, Bytom and Bystack? If only Bystack, Bytom can build a robust ecosyst...

Binance Inching Closer Back to Asia

Apr 1, 2020

After its foray into various parts of the world, Binance seems to be making its way back into Asia going by recent moves. From China to Japan, then to Malta, the world's largest cryptocurrency exchange by volume has had to move its operation in recent years for mostly regulatory-related re...

MOV Officially Launched, Superior DeFi Infrastructure Makes Transactions Ubiquitous

Mar 31, 2020

MOV was officially launched on March 30. MOV is a next-generation decentralized cross-chain Layer 2 value exchange protocol based on Bystack’s mainchain-sidechain architecture. Consisting 3 core modules: Value Exchange Engine Magnetic Contract (Magnet), Decentered Cross-Chain ...

China Captured 22% of Blockchain Funding Events in 2019, Deals Are Shifting Eastward

Mar 31, 2020

Funding deal activity for crypto and blockchain has been shifting from the U.S. to China, a CB Insights report says. The U.S. and China have dominated funding for blockchain projects since 2015, making up nearly 70% of all funding offered over the past four years. While both co...

China Crypto Roundup: Industry Leaders Bullish On Bitcoin, Huobi and OKEx to Compensate Users, China’s One Step Closer to CBDC

Mar 30, 2020

While the world continues its battle with the coronavirus, the crypto space is moving forward with positive developments. Bitcoin price has been bouncing back after the bloodbath but where it will go is still provoking debates in the industry. In China, most bitcoin miners are still holding on t...

Blockchain Job Salaries in China Dropped 37%, Demand for Professionals on the Increase

Mar 25, 2020

The average salary offered to blockchain jobs in China has fell by 37% in 2019 compared to the previous year, a latest report says. According to the Report on China Blockchain Professional Development 2020 jointly released by blockchain information service platform Interchain Pulse and ...

How does blockchain technology be used to fight global pandemics

Mar 20, 2020

On March 12, TOP Network co-founder and CMO, Noah Wang, was invited by the Chinese Entrepreneurs Organization (CEO) to address students from Stanford University about the current state of blockchain development and the global pandemic situation. The Chinese Entrepreneurs...

China Crypto Roundup: President Xi Praises Blockchain, Bitcoin Miners Shut Down, Price Crash Triggers Debates

Mar 17, 2020

In a historic week for bitcoin price that suffered an over 40% nosedive this past week along with the global financial markets amidst Coronavirus-driven panic, the crypto community has once again been on a roller coaster ride. However it was not all bad news in the Chinese crypto industry, the c...