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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

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

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

The Third Global Blockchain Summit to be Held on September 14-16 in Shanghai

Industry gurus such as Nick Szabo and Vitalik Buterin have confirmed their presence at the upcoming 3rd Global Blockchain Summit slated for 14th-16th September 2017 in Shanghai, China. Global Blockchain Summit, initiated by Wanxiang Blockchain Labs in 2015 and held every autumn since then, is one of the biggest global events in the industry. The

By | August 30th, 2017|Categories: Agenda, Blockchain, China, Cryptocurrencies, News|0 Comments

China’s Regulators Consider Suspending All ICOs

Regulators in China are discussing a plan to possibly suspend all initial coin offerings (ICOs) within the country, reports say. According to Tencent Finance, regulators proposed an action plan in a meeting on August 18 hosted by the financial market department of the People's Bank of China (PBoC), the country's central bank. Officials from China's

By | August 30th, 2017|Categories: China, Cryptocurrencies, News|0 Comments