China | ForkLog

ForkLog 21 23.11.2022

Shanghai to distribute digital yuan via red-envelope lottery

Shanghai authorities will distribute the national digital currency (e-CNY) to seven million residents through a red-envelope lottery awarding 108 yuan to each participant (~$15). This was reported by Cryptonews, citing local media.

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ForkLog 7 22.11.2022

US lawmakers push to place robo-cars on national-security threat list

US lawmakers urged scrutiny of autonomous driving technologies imported from China for potential national security threats.

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ForkLog 10 15.11.2022

In China, hacker sentenced to ten-and-a-half years for stealing 383 ETH

The People’s Court of Shanjiao City, Guangxi Province, handed down a guilty verdict against a hacker who stole more than 383 ETH from the victim’s phone using a Trojan.

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ForkLog 10 02.11.2022

China to ship 25 million VR headsets by 2026

Chinese authorities published a national plan for the development of the virtual reality industry, envisaging the shipment of 25 million such devices by 2026, with a total value of more than $48 billion.

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ForkLog 6 31.10.2022

PBOC stresses privacy balance in digital yuan development

The People's Bank of China, in developing the digital yuan (e-CNY), must strike a delicate balance between privacy and the fight against illicit activity, Yi Gang said, Bloomberg reports.

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ForkLog 15 29.10.2022

Arthur Hayes envisions China’s return to the crypto industry via Hong Kong

Former BitMEX chief executive Arthur Hayes spoke about the possibility of China returning to the digital-asset industry with the help of Hong Kong.

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ForkLog 14 25.10.2022

Two Chinese intelligence officers charged in the United States with bribing a government official with Bitcoin

The U.S. attorney's office filed charges in absentia against two Chinese intelligence officers, accusing them of bribing a government official to obstruct justice. The amount was approximately $61,000 in Bitcoin.

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ForkLog 21 14.10.2022

In China, researchers propose an ‘Asian digital currency’ as a counterweight to the dollar

Researchers from a Chinese state institution floated the idea of a pan-Asian digital currency to reduce the region's economies' reliance on the U.S. dollar. SCMP reports.

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ForkLog 12 13.10.2022

e-CNY transaction volume tops $14 billion

By the end of summer 2022, the cumulative volume of e-CNY transactions reached 100.04 billion yuan (about $14 billion), according to the People's Bank of China.

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ForkLog 23 12.10.2022

Video shows armed robotic dog deployed by drone in China

A video surfaced online showing a Chinese drone transporting a four-legged robodog equipped with a mount to carry weapons.

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ForkLog 9 11.10.2022

US imposes restrictions on AI-chip shipments to China

The Biden administration published a package of export-control measures aimed at banning shipments of advanced American chips to China.

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ForkLog 9 04.10.2022

US to tighten AI-chip export controls to China, reports say

The Biden administration plans to unveil a new set of restrictions aimed at blocking China's access to AI chips.

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