China

Things are going from bad to worse for Apple in India

2 days ago admin2 0
The world’s second-largest smartphone market isn’t exactly turning out to be the next China for Apple. Despite its increased focus on India, Apple is all set to see a slower year-on-year growth in iPhone sales in the country in 2018. “iPhone India sales were weak in the first half of 2018, and even if they Read More

Cartier Owner Richemont Plans to Track Diamonds With Blockchain

6 days ago admin2 0
Richemont, the Swiss luxury goods giant that owns Cartier, is turning to blockchain in a move aimed to bring transparency to its supply chain. Jin Keyu, a renowned economist and an associate professor at the London School of Economics (LSE) who was appointed by Richemont as a board member last year, said during a speech Read More

New China Internet Report Explores State of Blockchain Industry

1 week ago admin2 0
Image by AlekseyIvanov via Shutterstock.com China wants to be a frontrunner in blockchain technology with local governments ramping up blockchain projects, and yet, the government still maintains a strict stance on cryptocurrencies, highlights a new report by Abacus, 500 Startups, and the South China Morning Post. Local governments of Shanghai, Shanxi, Henan, Guangzhou, Guiyang and Read More

Bitcoin Yuan Trading Below 1% of Global Total after Crackdown, Says China’s Central Bank

1 week ago admin2 0
Advertisement The much-publicized and controversial crackdown by China’s central bank on the country’s domestic cryptocurrency sector has had its desired effect. The People’s Bank of China (PBoC) – the country’s central bank and financial regulator – has released data that claims bitcoin trading in China’s fiat currency, the renminbi (RMB), has dropped below 1 percent Read More

Cloud Provider Xunlei Launches Blockchain File System

2 weeks ago admin2 0
Chinese technology company Xunlei Limited, known to some as the BitTorrent of China, announced Friday that it has launched a new distributed file system aimed at supporting blockchain platforms. The ThunderChain File System (TCFS), as well as three ThunderChain Request for Comments (TRC) standards, will help support blockchain development, the company said in statements. The Read More

BTCC Relaunches Crypto Exchange With Plan for Own Token

2 weeks ago admin2 Comments Off on BTCC Relaunches Crypto Exchange With Plan for Own Token
BTCC, one of the longest-running and once top-three trading platforms in China, has announced that it’s relaunching its exchange business with a plan to issue its own tokens. The company said on Monday its revamped crypto exchange is now up and running with new trading pairs including bitcoin, bitcoin cash, ethereum and litecoin against the Read More

Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China

3 weeks ago admin2 Comments Off on Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China
Mining In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian Read More

CEO of a facial recognition company: The tech is too volatile to give to law enforcement

3 weeks ago admin2 Comments Off on CEO of a facial recognition company: The tech is too volatile to give to law enforcement
Brian Brackeen, CEO of facial recognition company Kairos, has a message about the technology his firm develops: It’s not yet ready for the burden of upholding the law. In an editorial for TechCrunch, the tech CEO explains that artificial intelligence algorithms powering facial recognition need massive amounts of data to function—and in his experience these Read More

Cheetah’s New App Lets Crypto Investors Track Portfolios on the Go

4 weeks ago admin2 Comments Off on Cheetah’s New App Lets Crypto Investors Track Portfolios on the Go
Cheetah Mobile, a Beijing-based app developer, announced on Thursday that it’s releasing an app aimed to make it simpler for investors to monitor their cryptocurrency portfolios. Dubbed Coin Master, the mobile app – available for both iOS and Android – will track the real-time prices of cryptocurrencies on over 100 exchanges and automatically calculate overall losses Read More