Terrifying Chinese Deepfake ZAO is the Coolest App You’ll Sell Your Privacy To

Zao is the app of the moment, ranking atop Chinese app sales charts in less than a week. The Zao uses Deepfake technology to allow...

View Full Post
Zao is the app of the moment, ranking atop Chinese app sales charts in less than a week. The Zao uses Deepfake technology to allow people to plaster their own faces on top of any character they want after a scan that takes just a few seconds. So far it’s only officially available in China,...

Cryptocurrencies’ Status In Different Countries

Not only individuals but corporations look in the direction of cryptocurrencies in the whole world. Virtual money is both an investment and a currency. Bitcoin...

View Full Post
Not only individuals but corporations look in the direction of cryptocurrencies in the whole world. Virtual money is both an investment and a currency. Bitcoin is a legal currency in Japan. The purchase can be made in 260.000 stores. Taxes on gains: 15-55 percent, based on the volume. Currently, gains made on virtual money, which are...

Chinese Report: Blockchain Projects Go From Boom to Bust in 15 Months

A Chinese government analysis has concluded the average lifespan of a blockchain project is 1.22 years, sources report May 28. Speaking at the ongoing China International Big Data Industry Expo 2018...

View Full Post
A Chinese government analysis has concluded the average lifespan of a blockchain project is 1.22 years, sources report May 28. Speaking at the ongoing China International Big Data Industry Expo 2018 in Guizhou, He Baohong of the China Academy of Information and Communications Technology (CAICT) said only 8% of the blockchain projects ever launched are still alive. He released the information...

China Has Found 421 Fake Cryptocurrencies

A Chinese government-backed industry organization has published a report on fake cryptocurrencies. As of April, its monitoring platform has found 421 fake cryptocurrencies, 60% of...

View Full Post
A Chinese government-backed industry organization has published a report on fake cryptocurrencies. As of April, its monitoring platform has found 421 fake cryptocurrencies, 60% of which are deployed overseas. The Committee has also outlined major red flags of these cryptocurrencies. 421 Fake Cryptocurrencies The National Committee of Experts on the Internet Financial Security Technology (IFCERT),...

Chinese ASIC Manufacturer To Turn To AI In Case Of Stricter Gov’t Regulation

Due to the recent crypto crackdown in China, Chinese ASIC chip manufacturer Bitmain is turning to artificial intelligence (AI) as an alternate revenue source, Bloomberg reports today, May 17. China’s crypto regulations have included...

View Full Post
Due to the recent crypto crackdown in China, Chinese ASIC chip manufacturer Bitmain is turning to artificial intelligence (AI) as an alternate revenue source, Bloomberg reports today, May 17. China’s crypto regulations have included an initial coin offering (ICO) ban in the fall of last year, this January’s ban on “exchange-like services,” and the February ban on foreign crypto exchanges. Bitmain manufactures the processing chips and miners that mine...

Chinese Govt. Releases Crypto Ratings, Ethereum Comes in First While Bitcoin Lags Behind

The Chinese Ministry of Industry and Information Technology released its inaugural cryptocurrency ratings this Thursday, May 17. Undertaken by the Ministry’s CCID Research Institute, the...

View Full Post
The Chinese Ministry of Industry and Information Technology released its inaugural cryptocurrency ratings this Thursday, May 17. Undertaken by the Ministry’s CCID Research Institute, the ratings evaluated 28 currencies, judging them on criteria that examined fundamental technology, applicability, and innovation. Coming in at the top of the grade, Ethereum earned a total index score of...

Chinese Researchers Create Index to Rank Blockchain Projects

At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) announced its inaugural monthly Global Public Chain Assessment Index, a ranking of...

View Full Post
At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) announced its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological merit. The CCID is part of the Ministry of Industry and Information Technology, a state agency of...

China to Establish National Blockchain Standards by 2019: Govt. Official

China’s government has reportedly begun working on national standards for blockchain technology in the country. In an interview with Chinese press agency Xinxua’s Economic Information Daily, an...

View Full Post
China’s government has reportedly begun working on national standards for blockchain technology in the country. In an interview with Chinese press agency Xinxua’s Economic Information Daily, an official from the Electronic Industry Standards Research Institute under China’s Ministry of Industry and Information Technology confirmed that the authority is working toward establishing national standards for blockchain tech. The...

Those 600 Missing Iceland Bitcoin Miners Could Be in China

With an inquiry to police in China, Icelandic authorities are checking to see if the 600 missing bitcoin miners from Iceland’s ‘Big Bitcoin Heist’ have...

View Full Post
With an inquiry to police in China, Icelandic authorities are checking to see if the 600 missing bitcoin miners from Iceland’s ‘Big Bitcoin Heist’ have surfaced in Asia. According to a report by the Icelandic National Broadcasting Service (RUV), the country’s national public-service broadcaster, the island’s police have sent Chinese police an inquiry about the latter’s seizure...

Bitcoin Futures Trading Questioned By Chinese National Media

China National Radio (CNR), a high-level government mouthpiece, has aired doubts about the legality of services offered by OKEx, the Hong Kong-based cryptocurrency exchange launched...

View Full Post
China National Radio (CNR), a high-level government mouthpiece, has aired doubts about the legality of services offered by OKEx, the Hong Kong-based cryptocurrency exchange launched by OKCoin, previously one of the “Big Three” trading platforms in China. Through its podcast channel “Voice of China” on Thursday and later an article titled “Exchanges that still prevail after the...