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Shanghai
Shanghai Plans to Cultivate $52B Metaverse Industry by 2025
Shanghai wants to create more than 100 companies in a plan that focuses on virtual reality and increased connectivity.
Singapore’s Digital Assets Initiative; Shanghai Lockdown Ends
Singapore launches collaborative digital assets initiative named Project Guardian. South Korea’s Dunamu rebuts claims it made $100 million off LUNA Classic. Markets hesitant over Shanghai’s reopening after two months of lockdown. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto Outlook as Shanghai Eases COVID Restrictions
Cosimo Ventures Managing Partner Rob Frasca discusses his outlook on the crypto market as bitcoin holds firmly above $30,000 and Shanghai begins to ease its COVID restrictions.
Bitcoin Trades Around $30K Amid China Optimism
Bitcoin continues to trade around $30,000 as global stock markets are awash in a sea of green. Traders priced in expectations of a relaxation of rules in Shanghai after weeks of strict lockdowns, leading to a jump in Chinese stocks. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Two Charged Over N Korea Sanctions; Crypto Market Falls
The U.S. charges two Europeans for helping North Korea evade sanctions with crypto. Blockchain technology comes to the forefront in recording Shanghai’s COVID-19 lockdown. Crypto market tumbles on concerns over Fed hikes and growth in China. These stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Shanghai Police Bust $16M Pyramid Scheme Involving Crypto
Police in Shanghai busted more than 10 people in connection with a $16 million pyramid scheme involving cryptocurrencies. It's the city's first cracked case of this sort. "Crypto scams lend itself to what crypto is," says research analyst George Kaloudis. "The Hash" panel dives into this story that again shows the importance of doing your own research.
Shanghai Police Bust $16M Crypto Pyramid Scheme
It's the city's first cracked case of an online pyramid scheme that used cryptocurrencies, according to authorities.
China Cryptopunk Sale, Use Cases Key to DeFi
Kakao and Naver’s move into Singapore stalls. Cryptopunk NFT sells for over US$820,000 in Shanghai. Real-world applications key to crypto world in 2022. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bank of China Reveals Machine That Converts Foreign Currency to Digital Yuan: Report
The machine requires a passport, but not a bank account.
Shanghai to Test Offshore Yuan Stablecoin on the Conflux Blockchain
China is using restricted-access blockchains in many industries, but the government use of a decentralized chain is rare.