NFT mania is reaching Asia as one of the region’s most popular social media influencers is set to tokenize a series of videos. Baker, who has around 24 million followers across multiple Chinese social media platforms, will auction eight unique NFTs as part of the collaboration. One of the NFTs, called The Bart Baker Experience,…
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Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million. Chinese tech company Meitu has announced the investment of a further $50 million into Ether and Bitcoin, taking its net spend on crypto up to roughly $90 million this month. The Hong Kong and…
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Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry. Chinese holding conglomerate Ping An Group filed the largest number of blockchain-related patents in 2020, according to a new report. Intellectual property-focused magazine Intellectual Asset Management has released a report on the…
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China’s latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies. China’s determination to stay ahead of the curve when it comes to the utilization of blockchain technology was evidenced again this week, after the release of the country’s latest five-year development plan. The word “blockchain” was…
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The original report from GizChina said that a software developer had modified the CPU and graphics cards on the new gaming console to mine crypto. While users might still be able to adapt some gaming consoles for mining cryptocurrency, evidence suggests that recent reports of a modified PlayStation 5 mining Ether (ETH) are fake. According…
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While Telegram’s token project is dead, the blockchain still lives. TON Labs and China’s Blockchain-based Service Network are collaborating to build applications on the Telegram-built TON protocol. According to an announcement issued on Monday, the partnership grants BSN developers access to TON technology. As with other instances of adapting public networks to the BSN China…
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The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn’t hold up if you look at the facts on the ground. For the past several years, the trade war between China and the U.S. has been at the center of international relations, with technology playing an outsized role. Within…
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Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot. China’s central bank is pushing exposure to its ongoing national digital currency pilot by enlisting two major private banks in the project. According to a Feb. 22 Bloomberg report, MYbank and WeBank will help the People’s…
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A Swiss blockchain developer and Geely will provide enterprise blockchain solutions to clients, with a focus on digital identity, regtech and privacy enhancement technologies. Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest shareholder in Volvo and a Fortune…
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Exploring where national security meets securities offerings in this week’s crypto news. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note A wise man once said, “there’s security and there’re securities,” and if he didn’t, he should’ve. In modern English, it seems a…
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