IDC released a report on November 4 on China’s blockchain spending, forecasting that China’s spending on blockchain technology will reach $2 billion by 2023, which represents a CAGR of 65.7%.
It was reported that Bitmain had secretly submitted listing applications to the U.S. Securities and Exchange Commission (SEC), and the underwriter was Deutsche Bank.
Canaan, a Hangzhou-based company that produces Bitcoin mining machines, has filed for an IPO on the NASDAQ under the ticker symbol “CAN” and is seeking to raise up to $400 million in capital.
Huang Qifan, vice chairman of CCIEE, firmly holds that China’s central bank is close to developing its blockchain-based financial technology and will be the first to officially roll out a usable digital currency.
The Chinese government announced last Thursday that it will be ramping up efforts to promote the research and development (R&D) of blockchain technology.
David Marcus, the executive leading Facebook’s Libra initiative, told Bloomberg News that the United States risks ceding ground to China in the global battle for digital payments primacy.
Mu Changchun, deputy director of the PBOC’s payments department, said at an event held by China Finance 40 Forum over the weekend that the bank’s own cryptocurrency is “close to being out.”
The United States and China have different approaches to regulating this technology – Blockchain.
Cryptocurrency platform Tron Foundation, announced on July 23 in a Twitter post that its founder and CEO Justin Sun is postponing the Warren Buffett Lunch and press conferences.
Cryptocurrency entrepreneur Justin Sun bid a record $4.57 million for lunch with the legendary American investor Warren Buffet.
Most smartphone giants have already settled on a yearly upgrade cycle, and industry spectators have a good estimation of the innovative smartphones that will be coming out in 2019.
Telenor Microfinance Bank, the Pakistan-based subsidiary of telecommunications giant Telenor, introduced Pakistan’s first blockchain-based cross-border remittance service between Pakistan and Malaysia.
“It was the best of times, it was the worst of times…” — Charles Dickens