Blockchain Archives

Chinese Social Media App Xiaohongshu Integrates Conflux as Permissionless Blockchain

With more than 200 million monthly active users, Xiaohongshu, a Chinese lifestyle-based social media platform, has integrated Conflux Network as a permissionless blockchain within the app.

Keyrock: Liquidity Makes Blockchain Matter

Why does blockchain matter? People might have different answers to this question. To Kevin de Patoul, the co-founder of Keyrock, a digital-asset market maker, blockchain enables the market to provide liquidity on a broader scale of asset types.

Amazon Web Services Reportedly Conducting Secret Business in Chinese Cryptocurrency Field

Various blockchain projects with unclear entanglements in virtual currency reportedly served as the revenue pillars for Amazon Cloud Services (AWS) in China. Amazon China was using a well-designed system to hide these projects under the guise of AWS.

From Project Galaxy to Galxe: Rebranding and Evolving

Project Galaxy announced on September 6 that it will be changing its name and logo to Galxe. Right before the announcement, Pandaily interviewed its co-founder, Harry Zhang. Zhang went through his own Web3 journey and introduced his ambitious vision for the future.

Blockchain Gaming Firm Animoca Brands Raises $110M in New Funding

Animoca Brands, a leader in digital entertainment, blockchain, and gamification, announced on September 8 that it has closed a strategic investment round totaling $110 million.

Crypto Incubator and Advisor PANONY Secures Round-A Funding

Blockchain-focused incubator, investor and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia's largest crypto investment firms, boosting it to a valuation of $100 million.

Ni Xingjun Steps Down From Ant Group Blockchain Company

Ant Group Blockchain Technology (Shanghai) Co., Ltd. issued an official change on August 3 to its registration with China's Industrial and Commercial Administration, switching its legal representative from Ni Xingjun to Zou Liang.

Digital Asset Exchange ZB.com Halts Recharging and Withdrawals After Possible Hacking

ZB.com, a digital asset exchange that claims to be the world's most secure, has suddenly issued a notice saying that due to a technical failure it has stopped charging and withdrawal services, without mentioning any resumption time.

Xiaomi Obtains Patent for Unique Virtual Character Creation

A Beijing subsidiary of Xiaomi announced on July 15 that a patent entitled "Image Parameter Generation Method, Device and Storage Medium of Reproductive Virtual Characters" has been authorized.

Blockchain Infrastructure Developer Rivtower Techonology Secures Pre-B Round of Financing

Rivtower Technology, a blockchain infrastructure development and service enterprise, announced on July 15 that it had completed a Pre-B round of financing worth several millions of yuan, led by Security Capital.

Blockchain Architecture Security Enterprise BlockSec Completes Angel+ Round Financing

BlockSec, which focuses on blockchain architecture security, has recently completed an angel+ round of financing worth nearly 50 million yuan ($7.46 million).

China’s BaaS Market Size Reached $188M in 2021

According to a report released by IDC on July 5, China's blockchain-as-a-service (BaaS) market reached $188 million in 2021, improving further from a strong 2020, with a growth rate of 92.6%.

Opinion: Next Phase of P2E Is Play for Fun and Skill to Earn

After the DeFi Summer, the introduction of DeFi attributes and the inspiration of token economic mechanisms made GameFi – represented by Axie – usher in a large-scale outbreak. Play to Earn (P2E) has also become the key to all blockchain games.

China NFT Weekly: Dating in the Metaverse

This week: metaverse dating app Soul eyes Hong Kong IPO, ByteDance continues metaverse investments with the acquisition of VR startup PoliQ, Chinese tech giants vow to end NFT speculation, and more.

Ant Group, Tencent, Baidu and Others Opt for Self-Regulation of Digital Collection Industry

With the China Cultural Industry Association taking the lead, nearly 30 Chinese enterprises and institutions have jointly launched the Initiative for Self-Regulation Development of the Digital Collection Industry on Thursday.

Crypto Mining Platform Binance Pool Partners With UltimusPool

Binance Pool, the cryptocurrency mining platform of Binance, on Wednesday announced a new partnership with UltimusPool, a full-featured mining pool solution designed to provide easy-to-use, reliable, and compliant services for global cryptocurrency miners.