Cryptocurrency Mining Giant Bitmain Filed for IPO at HKEX
On the evening of Sept. 26, Bitmain has officially submitted its listing documents to the Hong Kong Stock Exchange, with China International Capital Corporation as the exclusive underwriter.
Cryptocurrency Exchange Binance Buys Trust Wallet as its First Public Acquisition
Binance, a major cryptocurrency exchange, announced the purchase of Trust Wallet on July 31. This is Binance’s first acquisition and the aim is to add an on-chain mobile wallet to its list of services with other integration possibilities in the future.
2018 Fin-Tech Fundraising Round-up: Chinese Companies Raised 83% of the Capital
In the first half of 2018, China’s fin-tech enterprises raised around 230 billion yuan ($35 billion), over 80 percent of the global total, and three giants took more than half of the amount fundraised in China.
Ep. 12: Bitmain – the Most Valuable Crypto Company in the World?
As a TechBuzz China listener, you must be at least a little bit crypto-curious. This week on TechBuzz China, we talk in-depth about Bitmain, the most valuable company in the cryptocurrency space that happens to be from China.
Canaan with AvalonMiners to Become the First Blockchain Company to IPO in Hong Kong
Canaan Inc., a Chinese bitcoin mining company, applied to list on Hong Kong Stock Exchange on May 15.
Is Cryptocurrency Dying in China? An Overview of Cryptocurrency & Blockchain Apps
Currently there is no hotter topic than blockchain in China where “3AM Sleepless Blockchain Communities” are rumoured to thrive. What is blockchain you ask? It is a technology developed to keep track of Bitcoin transactions whose usage have expanded with its popularity.
China’s Blockchain regulation: Seven ministries demanded immediate cessation of ICOs
On the morning of March 9, a press conference was held at the first session of China’s 13th National People’s Congress (NPC). Xiaochuan Zhou, the governor of the People’s Bank of China, answered questions about Bitcoin and initial coin offerings (ICO).
Bitcoin China Sold, New Focus on International Mining Pool
Bitcoin China (BTCC), the world’s oldest Bitcoin exchange platform and the first and the largest digital currency exchange in China, announced it was purchased by a Hong Kong block chain fund on January 29.
PBOC Mulls Plan to Throttle Bitcoin Miners Behind Closed Doors
The People’s Bank of China (PBOC) is reported to have held a closed-door meeting about closing Bitcoin mines on January 3. Tencent learned from two insiders that the closed-door meeting would not require all Bitcoin mines to shut down, but it would regulate some non-standard mines.
Top 10 Internet Trends in 2017
2017 is coming to an end and it’s time to sum it up. Every year, countless products emerge, occur, change and die. Along with the growth of the Internet, we reviewed ten Internet trends of 2017.
Chinese Tourists Purchase a Lot with Alipay and 70 Japanese Banks have Decided to Fight Back
Today, China’s National Day golden week has become a global golden week. Data estimate that more than six million Chinese travel overseas during this year’s National Day holiday. With the steps of Chinese tourists, many foreign merchants have started to use China’s advanced mobile payment methods. If there is no Alipay or WeChat payment, the…
The National Internet Finance Association of China says Bitcoin becomes tools in criminal activities
In recent years, the so-called virtual currencies, including Bitcoin, Litecoin, and various forms of tokens, have been traded in a centralized manner on several internet platforms. As such trading attracts more participants, related financial and social risks have reached to a level that cannot be ignored. In order to help the public correctly know about…
News of Bitcoin ban leads to underselling and bargain-hunting
After the Initial Coin Offering (ICO) was banned, Bitcoin receives another blow. On the evening of September 8th, news came that the supervisory authority decided to shut down the virtual currency trading platforms in China, which involves all the platforms between the virtual currency and legal tender represented by OKCoin, HUOBI and Bitcoin China. As…
ICO is banned for allegedly illegal financing in China
On September 5, after PBOC (The People’s Bank of China) and six other administrations jointly issued Statements on Guarding against Risks of Initial Coin Offerings, a number of platforms suspended new businesses of ICOs and some even halted token withdrawal services. According to incomplete statistics, up till now, many ICO platforms, including birengou, vdpax.com, 91ICO,…