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Interview with Jay Zhou, CMO of Loopring. On decentralized exchanges, Loopring’s project, international expansion and more

The year 2017 definitely marks the big breakthrough of cryptocurrencies. Not only did the price of Bitcoin skyrocket, but altcoins also gained a lot of attention. This caused more people to join the investment craze and launch their own coin through initial coin offerings (ICOs) in order to attract funding for their projects. In

More than 40 ICO Platforms Closing in China

Following the token sale ban by the People’s Bank of China (PBOC), more than 40 Initial Coin Offering (ICO) platforms are reportedly suspending their ICO services. Banks have also been instructed to stop providing service to ICO platforms. However, some token sale prices have slightly recovered as speculators returned, while many ICO platforms face challenges

By | September 7th, 2017|Categories: China, Cryptocurrencies, News|0 Comments

EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform

Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform that will be the first real-world use of the nascent technology in the shipping industry. EY and Guardtime said the platform had already been built and would be deployed in January, when A.P. Moller-Maersk, which

By | September 6th, 2017|Categories: Blockchain, China, News|0 Comments

The latest announcement from NEO

In response to the commotion caused by China's ICO ban, the NEO team decided to come with an official statement. Please find the complete text below: Dear NEO community, First of all, thanks to all the participants of NEO community for the support and contribution. The open-sourcing project has been developing healthily since its inception

By | September 5th, 2017|Categories: Blockchain, China, Cryptocurrencies, News|0 Comments

Ban on ICOs – the aftermath: Fear, Uncertainty and Doubt

Update 2017.09.06 Where people were probably hoping for all the dust to be settled and most cryptos started to climb up again after its crash on Monday, today was another day of fear, uncertainty and doubt following China's ICO ban. Various trading platforms, including Binance, Jubi and Yunbi, made similar statements about tokens being suspended

By | September 5th, 2017|Categories: Blockchain, China, Cryptocurrencies, Featured, News|0 Comments

Why China needs blockchain (but doesn’t need Bitcoin): Five predictions on the future of cryptocurrencies in China

Ever since the news got out that the Chinese government is blocking new ICOs, news sites and fora have been buzzing with speculations about the future of cryptocurrencies in China. Reactions vary from plain denial, clear misreading of the situation and doom-scenario forecasts for the global crypto market. Chinese coins took a strong hit (NEO went down 50% since the

China meets Ripple: Government Support for Cryptocurrencies?

The Chinese government’s announcement that it is blocking ICOs (Initial Coin Offerings) on the grounds of economic and financial disruption has destabilized the digital world order. Those who have completed ICO fundraising are now required to return funds to investors, many of whom, along with other crypto-enthusiasts, are left concerned about the uncertain future of

By | September 5th, 2017|Categories: Blockchain, China, Cryptocurrencies, News|0 Comments

ICO has just been blocked, Liu Dahong announced to make China’s first blockchain technology sharing platform

After the joint announcement of a ban on ICOs on September 4th, all kinds of token issuance financing activities must be stopped immediately. The strict administrative instruction directly forces out the unrestrained ICO. In this delicate period, Liu Dahong insisted on publishing this interview, stating that he is going to create a bold vision for

By | September 5th, 2017|Categories: Blockchain, China, News|0 Comments

Blockchain conferences in China cancelled following ICO ban

After the cancelled DACA International Blockchain Summit last weekend, more events in Beijing related to blockchain and cryptocurrencies are being cancelled or postponed, including the 2017 Shape The Future Conference. The event invited more than 80 enterprises and blockchain experts from all over the world were supposed to give speeches. In addition, the first Chinese

By | September 4th, 2017|Categories: Agenda, Blockchain, China, Cryptocurrencies, News|0 Comments

China bans companies from raising money through ICOs

Regulators are about to begin scrutinizing China's initial coin offerings — an industry worth hundreds of millions of dollars. Local outlet Caixin reported that a notice, issued by a working committee that oversees risk in the country's internet finance sector, said new projects raising cash or other virtual currencies through cryptocurrencies will be banned. It

By | September 4th, 2017|Categories: Blockchain, China, Cryptocurrencies, News|0 Comments