Fraud victims in China caught operating own scam
A group of fraudsters allegedly launched a digital currency scam in a bid to recover the money they lost to a similar scheme.
A group of fraudsters allegedly launched a digital currency scam in a bid to recover the money they lost to a similar scheme.
The same laws preventing digital currency from being legal money in China define it as a commodity, according to the Beijing Arbitration Commission.
27 individuals who played a major role and 82 key members of the PlusToken Ponzi Scheme have been arrested, bringing the pyramid scheme with allegedly 3,000 levels to an end.
The Blockchain Security Assessment is aimed at helping Chinese companies exploring blockchain to identify potential vulnerabilities.
The Bitcoin SV Developer Zone on CSDN will host a range of Chinese language educational resources for developers interested in the blockchain.
Chengdu joins Beijing, Shanghai, Shenzhen in creating an enabling environment for blockchain, artificial intelligence, big data and more.
Beijing has released its first blockchain blueprint, outlining the digital transformation it expects in the future, with blockchain playing the central role.
The People’s Bank of China has already met with the Beijing company to discuss proposals to trial digital yuan across its platform.
A court in China has integrated blockchain to record hearings as part of the country’s court reforms. Blockchain gives credibility to the recorded data.
The authorities seized BTC, ETH and Tether (USDT) to the tune of $15 million, alongside a McLaren and a Ferrari.
Kunshan city in China has launched a medical prescription app powered by blockchain technology. It allows the citizens to own and share their medical data.
DiDi has entered into a strategic partnership with the People’s Bank of China’s Digital Currency Research Institute to solidify the initiative.