OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, is seeking a $500 million IPO. OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an F-1 filing dated Dec. 2,…
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Cointelegraph is delighted to announce the launch of Cointelegraph China, headquartered in Guangzhou. To support our international expansion and global reach, Cointelegraph is delighted to announce the launch of the Chinese-language version of the publication. Today, Dec. 4, we celebrated the opening of the office of Cointelegraph China (Cointelegraph 中文). The news — which marks…
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China’s Great Firewall, a tool used to ban Chinese people from using sites like Google, and Facebook, has blocked Etherscan’s site. China’s Great Firewall, a tool used to ban Chinese citizens from using sites like Google and Facebook, has listed a major explorer for Ethereum’s (ETH) blockchain. According to data from non-profit monitoring organization GreatFire,…
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New research suggests that the Bitcoin price could be still absorbing the effects of the alleged PlusToken exit scam. In the last week of November, the saga of an alleged crypto Ponzi scheme that has been lingering for more than half a year took a new turn. A hobbyist blockchain researcher reported on Twitter that he’d…
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In this Q&A with Cointelegraph, Binance CEO CZ revealed the company’s plans for Turkey, a country he thinks has strong opportunity with crypto. At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.…
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Bitcoin bulls will be buoyed by talk of the need for “a new, neutral global reserve asset” is rife at the heart of the traditional financial sector. Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial…
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China is winning the US in the numbers of the blockchain-related patents filed between 2014 and 2019, but who are the top patent owners in each country? When Chinese President Xi Jinping announced strong support for blockchain technology last month, pundits suggested that China would soon overtake the United States in dominating blockchain innovations. Our…
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At least five Chinese crypto exchanges have halted or chosen to terminate operations this month in response to a perceived hardening of Beijing’s anti-crypto stance. At least five Chinese cryptocurrency exchanges have halted or chosen to terminate operations this month in response to a perceived redoubling of Beijing’s anti-crypto stance. Exchange operator Bitsoda informed the…
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IDAX reported liquidity problems prior to Lei Guorong absconding, while it remains uncertain what access he has to the platform’s wallets. Chinese cryptocurrency exchange IDAX has suspended deposits and withdrawals after its CEO allegedly disappeared. In a blog post on Nov. 29, IDAX, which earlier this week warned it was seeing a run on withdrawals,…
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The Fed chairman’s recent letter illuminates how monetary policy bigwigs view crypto and if it might greenlight a USD stablecoin. Where just a handful of years ago, the idea would have been immediately dismissed or even met with ridicule, the United States Federal Reserve is now taking the concept of an official dollar stablecoin seriously.…
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