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China

Filecoin pyramid scheme sees China charges four in $83 million fraud
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19 August, 2023

Filecoin pyramid scheme sees China charges four in $83 million fraud

The defendants allegedly claimed to be mining FIL, the native token of the Filecoin network, but pocketed the money while...
Chinese law enforcement ramps up monitoring of Web3, AI crimes
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16 August, 2023

Chinese law enforcement ramps up monitoring of Web3, AI crimes

China is intensifying surveillance on Web3 and AI in a bid to prevent financial fraud, digital currency violations, and emerging...
Sam Bankman-Fried takes his prison pills, Ryan Salame takes the fifth
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15 August, 2023

Sam Bankman-Fried takes his prison pills, Ryan Salame takes the fifth

The U.S. prosecutors filed another superseding indictment accusing SBF of stealing “billions of dollars” from FTX customers while Salame invoked...
Hong Kong eyes digital currency interoperability with mainland China
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13 August, 2023

Hong Kong eyes digital currency interoperability with mainland China

To achieve its Web3 goals, Hong Kong seeks collaboration with mainland China through talent exchanges and digital currency service providers.
Shanghai rolls out implementation plan for blockchain integration by 2025
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9 August, 2023

Shanghai rolls out implementation plan for blockchain integration by 2025

Shanghai announces plans to integrate blockchain technology into its digital economy through implementation strategy, Web3 deployment, and the potential of...
Huobi, Tron reject China arrest rumors as stablecoin wars heat up
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8 August, 2023

Huobi, Tron reject China arrest rumors as stablecoin wars heat up

Following the weekend news, Justin Sun tweeted to reassure Tron and Huobi customers that he remained a free man, while...
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