China | Amazing Crypto

Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades

Chinese exchanges are becoming increasingly blockchain-friendly

October 1, 2020

Bilibili Copycat Tried to Save Itself With a $2M Crypto IEO – It Didn’t Work

A Chinese video streaming copycat service raised $2.1 million via an initial exchange offering in August 2019 – but it appears this last resort wasn’t enough to save the company.

September 30, 2020

Blockchain patent filing rose significantly in China after Xi Jinping’s 2019 endorsement

Chinese companies are angling to overtake the United States in blockchain adoption.

September 29, 2020

Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand

Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35 million previously, said the company in…

September 28, 2020

DeFi hype has just begun says Neo founder

DeFi is the word on everybody’s lips.

September 27, 2020

China’s Ant Group launches cross-border trade platform to support SMEs

Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs.

September 25, 2020

Chinese govt. official: Gambling gangs use crypto to transfer funds abroad

China faces economic risk as illegal gambling operators move 1 trillion yuan in funds from the country, partially in crypto, says a government official.

September 25, 2020