China | ForkLog

ForkLog 9 17.12.2021

China bars video platforms from posting videos about cryptocurrencies and mining

The China Netcasting Services Association (CNSA) banned its members from posting content promoting the trading of cryptocurrencies and mining. The restrictions primarily affect short-video services such as Douyin (the Chinese equivalent of TikTok).

AI translated

ForkLog 9 16.12.2021

Chinese court rejects claim for 278 BTC over ‘anti-social’ contract

A Beijing court found the bitcoin mining contract invalid and rejected the plaintiff's request for the defendant to pay 278 BTC, according to the court ruling.

AI translated

ForkLog 9 15.12.2021

Media: Alibaba and Huawei plan to enter the metaverse market

Alibaba registered in Beijing a subsidiary Yuanjing Shengsheng, which will test the gaming potential of the metaverse.

AI translated

ForkLog 10 15.12.2021

China urges international rules governing military AI

The world needs international rules governing the use of military artificial intelligence to prevent a new arms race and a global catastrophe. This was stated by Li Sun, China’s ambassador for arms control at the UN.

AI translated

ForkLog 10 13.12.2021

UK intelligence raises concerns about the digital yuan

The head of the Government Communications Centre (GCHQ), one of Britain's intelligence agencies, Jeremy Fleming warned of potential negative consequences of the global spread of China's CBDC for other countries, according to the Financial Times.

AI translated

ForkLog 21 06.12.2021

Chinese authorities flag NFT and metaverses as potential Ponzi schemes

Metaverses and NFTs may turn out to be bubbles, Ponzi schemes, or other forms of financial fraud. This is stated in the official blog of the Central Political and Legal Affairs Commission of the Communist Party of China.

AI translated

ForkLog 17 03.12.2021

Buffett associate backs crackdown on China’s crypto industry

The vice chairman of Berkshire Hathaway's board, Charlie Munger, said that Chinese authorities had made the right decision by banning cryptocurrencies and related activities. At a conference in Sydney, he called the move 'mature'.

AI translated

ForkLog 13 01.12.2021

Qihoo 360 creates mining-tracking system for Chinese authorities

The Chinese cybersecurity company Qihoo 360 announced that it has created a system to monitor mining operations, intended to help authorities combat the sector.

AI translated

ForkLog 20 30.11.2021

Media: China tracks ‘dangerous’ journalists using a facial-recognition system.

Authorities in Henan Province, China, have created a facial-recognition system to monitor journalists and other 'people of concern'.

AI translated

ForkLog 28 30.11.2021

Changpeng Zhao calls China’s crypto market speculative

China's crypto market is more speculative, with many novice traders lacking knowledge. This was stated by Binance CEO Changpeng Zhao in an interview with Forbes.

AI translated

ForkLog 8 26.11.2021

Huobi co-founders register new company in China

Co-founders of the Huobi Global cryptocurrency exchange registered a new company in Beijing — Beijing Chiyu Mushou. The corresponding data appeared in China's state registry.

AI translated

ForkLog 15 26.11.2021

China restricts access to mining-pool domains and cryptocurrency media

One of China's cryptocurrency news portals Chainnews reported a shutdown after local users lost access to the site's website and app, as well as to its competitors ODaily and BlockBeats. At the same time, providers began blocking access to mining-pool domains, The Block.

AI translated

#China