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World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report

December 10, 2019cashtechnews

China Construction Bank, the world’s second-biggest bank, has officially launched its blockchain-based refactoring platform. China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by […]

Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out

December 10, 2019cashtechnews

Bitmain co-founder and tech billionaire Wu Jihan has reappearedl at the helm of Beijing-based mining giant Bitmain as the company’s chief executive. Bitmain co-founder and tech billionaire Wu Jihan resurfaces at the helm of Beijing-based mining giant Bitmain at recent meeting with clients. On Dec. 10, Bloomberg reported that Wu Jihan made a public appearance […]

Nike Patents a System for Tokenizing Shoes on Ethereum’s Blockchain

December 10, 2019cashtechnews

Footwear giant Nike patented shoes that are tokenized as a non-fungible token on the Ethereum blockchain, dubbed CryptoKicks. Footwear giant Nike patented shoes that are tokenized as a non-fungible token (NFT) on the Ethereum blockchain, dubbed CryptoKicks. The patent — dated Dec. 10 — describes a digital asset for footwear and ways to use it. […]

BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report

December 10, 2019cashtechnews

According to new court filings, investors in Telegram’s $1.7 billion token sale included Kleiner Perkins, Lightspeed China and many others. Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit […]

After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings

December 10, 2019cashtechnews

China’s tech workgroup has released its fifteenth blockchain rankings report, with Ethereum being promoted to second place after its recent hard fork. China’s state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork. The Center for Information and Industry Development (CCID) released […]

China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds

December 9, 2019cashtechnews

The People’s Bank of China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises. The adoption rate of blockchain technology in China continues to impress as the People’s Bank of China (PBoC) has reportedly issued 20 billion yuan ($2.8 billion) in blockchain-based special financial bonds for small and micro enterprises. According […]

10 Key Things to Consider When Choosing a Crypto Exchange

December 9, 2019cashtechnews

Choosing a cryptocurrency exchange can be difficult but here’s 10 essential aspects to consider when looking for a trading platform. Choosing the right cryptocurrency exchange may be one of the most important initial tasks an interested trader or investor must complete. Picking the wrong platform could potentially lead down a road riddled with hacks, distractions […]

Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ

December 9, 2019cashtechnews

After a lengthy period of consolidation, many cryptocurrencies appear to be setting up for a large move within the next few days. China could start its pilot for the central bank digital currency (CBDC) before the end of this year, according to local news outlet Caijing. The article states that the anticipated pilot project “will […]

China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report

December 9, 2019cashtechnews

A limited debut of China’s long-touted central bank digital currency is set to begin in the city of Shenzhen by the end of 2019, according to a media report. China is at last planning to conduct the first real-world test of its central bank digital currency (CBDC), fresh reports claim. According to local news outlet […]

Ethereum Hard Fork Live, Stolen ETH Moved, ‘Hodlers Are Insane’: Hodler’s Digest, Dec. 2–8

December 8, 2019cashtechnews

Ethereum completes the Istanbul hard fork, analysts warn “the halvening” will be a non-event, and research suggests crypto will replace fiat by 2030. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]

Tag: china

World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report

Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out

Nike Patents a System for Tokenizing Shoes on Ethereum’s Blockchain

BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report

After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings

China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds

Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ

China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report

Ethereum Hard Fork Live, Stolen ETH Moved, ‘Hodlers Are Insane’: Hodler’s Digest, Dec. 2–8

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