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Tencent
DeFi Protocol Ankr's Token Surged 73% on Microsoft and Tencent Partnerships
Daily trade volume has topped $1.5 billion following the partnerships.

Tencent Teams Up With MultiversX to Expand Web3 Strategy
The Chinese technology company behind the popular messaging app WeChat will utilize the MultiversX network infrastructure to build new products in the Web3 and metaverse spaces.

A Closer Look at the State of the NFT Market In China
Chinese tech giant Tencent will shut down sales of digital collectibles on its non-fungible token (NFT) platform Huanhe amid growing regulatory scrutiny, according to an official statement cited by Reuters. CoinDesk Executive Director of Global Content Emily Parker discusses the latest on China's NFT marketplace and the possible implications for the global crypto industry.

Fed’s Crypto Bank Guidelines; Coinhako Planning Expansion
The Federal Reserve issues guidelines for crypto banks to tap the central banking system. Coinhako is planning an expansion in Asia Pacific region. Huobi to end crypto derivatives trading in New Zealand. Tencent’s Huanhe NFT marketplace halts sales and will offer refunds.

Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
Users will still be able to hold, display or request a refund for their digital tokens.

Tencent Adds Digital Yuan Support to WeChat Pay Wallet: Report
The Tencent-developed WeChat is the dominant instant-messaging app in mainland China with over a billion users.

Crypto Surges on US Inflation Rise, Korean Investors Win Damages
Tencent CEO sees opportunity in the metaverse. Crypto surges after the fastest US inflation rise in 30 years. Korean court rules in favor of hacked investors. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Ant Group, Tencent, JD.com Sign NFT ‘Self-Regulation’ Convention
Chinese tech giants are likely working to appease regulators.

Chinese Tech Giants Ant Group, Tencent, JD.com Sign NFT ‘Self-Regulation’ Convention
Major Chinese tech giants Ant Group, Tencent, and JD.com signed a "self-regulation" convention on NFTs with state organizations Sunday. Some suggest they are likely working to appease regulators amid an ongoing crypto crackdown in the country. "The Hash" squad discusses the latest attempts by Chinese firms to distance their products from the crypto markets.

Philippines Trials Blockchain Voting, Byron Bay to Host Crypto Mining
The Philippines looks to blockchain voting for overseas workers. Australia’s Byron Bay to host crypto mining operation. Alipay and Tencent rebrand NFTs as digital collectibles. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
