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Wolfie Zhao

Latest from Wolfie Zhao
Another US County Hits Pause on Crypto Mining Power Requests
Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.

Banking Giant Trials Blockchain for Issuance of Land-Backed Loans
One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system.

Dubai Plans to 'Disrupt' Its Own Legal System with Blockchain
Dubai is planning to develop what it calls a "Court of the Blockchain" as part of a wider push for smart government operations.

Korean Government Seeks to Strip Tax Perks From Crypto Exchanges
Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups.

Commonwealth Bank Claims Success in Global Trade Blockchain Trial
Commonwealth Bank of Australia has announced the completion of a cross-border shipment that was tracked with blockchain.

Google Bans Crypto Mining Apps from Play Store
Google has now joined Apple in banning cryptocurrency mining applications from its mobile app store.

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper
Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank.

$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out
A major Chinese blockchain fund launched in April has denied a report that the local government will withdraw its financial support.

Vaccine Blockchain Plan Prompts Enquiries Amid China Pharma Scandal
Following China's pharma scandal, investors are buying a firm's claim to be developing a vaccine-tracking blockchain, but one regulator isn't happy.

Iran Plans National Cryptocurrency as New US Sanctions Loom
Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.
