China

2017 Saw ‘Exponential’ Blockchain Startup Growth, Says China’s IT Ministry

16 hours ago admin2 0
Nearly 40 percent of all Chinese blockchain startups emerged in 2017 alone, according to a new white paper published by China’s Ministry of Industry and Information Technology. Revealed by the ministry’s Information Center on Monday, the blockchain industry paper indicates that currently China has 456 startups that focus on blockchain technology development and applications as part Read More

Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

2 days ago admin2 0
Exchanges A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first Read More

Chinese Researchers Create Index to Rank Blockchain Projects

1 week ago admin2 0
Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month. At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) announced its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological Read More

Never mind the US, these Chinese smartphone brands are huge in Europe

2 weeks ago admin2 0
Two of the world’s major smartphone companies are still waiting to break into the US. But in the mean time, they’re getting an increasingly warm welcome from consumers across the Atlantic. Xiaomi and Huawei, both of which have long thrived in China, are growing steadily in Europe despite shrinking sales of handsets and competition from Read More

600 Stolen Bitcoin Miners From Icelandic Heist Suspected To Be In China

2 weeks ago admin2 Comments Off on 600 Stolen Bitcoin Miners From Icelandic Heist Suspected To Be In China
The missing machines from an unsolved Bitcoin (BTC) mining hardware theft in Iceland earlier this year may be in China, Icelandic media outlet RUV reported May 5. Icelandic police are reported to have now issued an enquiry to Chinese authorities, after news broke in late April that 600 devices used to mine BTC had been Read More

The US is talking about “great power competition.” What does that mean?

2 weeks ago admin2 Comments Off on The US is talking about “great power competition.” What does that mean?
The US is creating a new naval command and redeploying the Second Fleet in the Atlantic, the department of defense announced yesterday (May 4), putting teeth behind a new national security strategy announced in January. “We will continue to prosecute the campaign against terrorists that we are engaged in today, but great power competition, not Read More

China is paying for Karl Marx’s birthday party in Germany

3 weeks ago admin2 Comments Off on China is paying for Karl Marx’s birthday party in Germany
Karl Marx, one of the world’s most influential philosophers, was born 200 years ago today (May 5) in Trier, Germany. To commemorate the person whose ideology shaped entire nations with his Communist Manifesto, locals are throwing a birthday party—and China is picking up the tab. The people of Trier are bracing themselves for large crowds Read More

US Judge Denies Alibaba’s Request To Stop Alibabacoin From Using Matching Name

3 weeks ago admin2 Comments Off on US Judge Denies Alibaba’s Request To Stop Alibabacoin From Using Matching Name
A US court has ruled this week against the Chinese e-commerce giant Alibaba’s request for an injunction against the Dubai-based Alibabacoin Foundation (ABBC Foundation) due to their similar names, Forbes Middle East reported yesterday, May 1. In the beginning of April, Alibaba sued the ABBC Foundation for copyright infringement, alleging that Alibabacoin engaged in “prominent, Read More

China’s emissions-reduction plan will more than pay for itself, according to a new MIT model

4 weeks ago admin2 Comments Off on China’s emissions-reduction plan will more than pay for itself, according to a new MIT model
China, the world’s most prolific emitter of greenhouse gases, is working on ways to curb its impact on the global climate. Given that as much as 70% of the nation’s energy comes from coal-fired plants, reducing carbon dioxide emissions will require massive investment into new energy technologies. The good news for China: the economic gains Read More

Indians abroad are again sending tonnes of money back home

4 weeks ago admin2 Comments Off on Indians abroad are again sending tonnes of money back home
India’s overseas population is back to sending home huge sums of money—even more than what the World Bank expected. In 2017, India received $69 billion in remittances, higher than any other country. This is also higher than the earlier World Bank estimate of $65 billion and marks a nearly 10% rise over the previous year, Read More