Tencent – Page 2 – Ƀitsell X

BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple’s and SBI Remit’s New Project, No-Deals + More News

August 16, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple’s and SBI Remit’s New Project, No-Deals + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions

July 23, 2022

China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year After Launch as China Curbs…
Read more

Tron’s Justin Sun Eyes ‘Acquisition’ Move for Tencent’s NFT Division

July 21, 2022

The Tron (TRX) founder Justin Sun says that TronDAO, a decentralized autonomous organization (DAO) that governs the Tron network’s development, wants to “acquire” a non-fungible token (NFT) arm of the Chinese tech powerhouse Tencent…. Read More: Tron’s Justin Sun Eyes ‘Acquisition’ Move for Tencent’s NFT Division Read more »Pay, Trade, Buy Bitcoin with Credit Card

Fasset Collaborates with Mastercard, New York Yankees’ Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News

July 14, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Fasset Collaborates with Mastercard, New York Yankees’ Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News Read more »Pay, Trade, Buy Bitcoin with Credit…
Read more

Tencent shuts down NFT platform as gov policy makes it impossible to thrive

July 14, 2022

While NFTs are not banned in China like cryptocurrencies, the government has warned against fraud risks associated with the nascent sector. China’s internet giant Tencent has reportedly shut down one of the two nonfungible token (NFT) platforms owing to declining sales aided by the regressive monetary policies of the Chinese government. Tencent shut down one…
Read more

Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News

July 4, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market

June 27, 2022

Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the company aims to employ over 300 in this unit, with Tencent giving it big…
Read more

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

June 22, 2022

Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed…
Read more

NFT platforms in China grow 5X in four months despite government warnings

June 17, 2022

NFTs are still a gray area in China where unlike cryptocurrencies, there’s no official ban on its use, but the authorities have warned investors against the risks from time to time. The popularity of nonfungible tokens is on the rise as recent data shows that the number of digital collectible platforms in China has grown…
Read more

Chinese Indexes Company Launches Hang Seng Metaverse Index

May 26, 2022

A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng…
Read more

Tag: Tencent