Shanghai Archives

Shanghai

2 July, 2023

Shanghai eyes nearly $7B from metaverse investment in culture, tourism sectors

Following initiatives from neighboring cities, Shanghai is building its metaverse ambitions under a recently published roadmap focusing on revitalizing its...

NYAG calls Ethereum a security and destroys decentralization myth

Business

Jordan Atkins

20 March, 2023

NYAG calls Ethereum a security and destroys decentralization myth

The NYAG filed charges against exchange KuCoin last week over failing to register as a securities and commodities broker-dealer while...

Shanghai exchange Hotbit suspends services as authorities probe ex-employee

Business

Steve Kaaru

14 August, 2022

Shanghai exchange Hotbit suspends services as authorities probe ex-employee

Hotbit says that police are investigating an ex-employee for criminal conduct and that its funds have been frozen for this,...

Shanghai 5-year digital economy development plan includes NFTs, web3, metaverse

Business

Wahid Pessarlay

19 July, 2022

Shanghai 5-year digital economy development plan includes NFTs, web3, metaverse

Shanghai's blockchain adoption plans include creating an innovation system with blockchain and promoting the development of its ecosystem with strong...

China: Court classifies Bitcoin as virtual property and protected by law

Business

Wahid Pessarlay

18 May, 2022

China: Court classifies Bitcoin as virtual property and protected by law

According to a local news outlet, the court made the statement in a case reference book it shared via WeChat...

Shanghai police bust $16M digital currency pyramid scheme

Business

Steve Kaaru

19 March, 2022

Shanghai police bust $16M digital currency pyramid scheme

A digital asset pyramid scheme that allegedly defrauded over RMB 100 million from 60,000 Chinese investors has been busted by...

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22 Nov 2024

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