Huobi, a crypto exchange based in Hong Kong has just acquired the largest shares of a company named Pantronics Holdings. Pantronics Holdings is a company that manufactures industrial grade electronic parts. According to the statements by Pantronics Holdings, This acquisition was done by purchasing 199 million of its shares which...
Shanghai Securities Times, which is a spokesman of the official financial authorities of China, recently stated that the government is actually taking steps in order to ban more than 100 different overseas cryptocurrency exchanges. The overseas IP addresses of these cryptocurrency exchanges will be banned. Currently, they are available in...
Global energy resources International group, which is owned by a Chinese billionaire recently tried to change its name to global token limited. It aims to do so due to the move in the cryptocurrency space. According to the details which are disclosed by the company, it has launched multiple cryptocurrency...
In China, Police has arrested 3 suspects who had stolen cryptocurrency worth 600 million yuan ($87 million USD). These suspects robbed by hacking into cryptocurrency holders computers to steal bitcoins and other cryptocurrencies. According to Local Media, the police started to investigate this case since March this year. This was...
According to an executive of ripple, it is very much interested in targeting the Chinese market. As it currently provides blockchain-based payment solutions, the main aim of Ripple is to speed up the payment ecosystem. It has done so in numerous countries all over the world. Moreover, more and more...
Researchers from one of the universities in China recently claimed that they have been able to create a blockchain-based electricity exchange. The blockchain-based electricity exchange will specifically cater to the power which has been unused. They have also filed a patent in this regard. Also, they allow the sellers to...
