Chinese companies embark on a metaverse trademark race
Despite the Chinese central bank's proposal to monitor metaverse and NFTs, companies such as Tencent and Huawei are pursuing metaverse-related trademarks.
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China Censors Crypto-Themed Short Videos Shared Online
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional…
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an…
Chinese Gaming Portal CEO Claims Play-to-Earn Games Are Ponzi Schemes
The hottest new trend in the cryptocurrency industry – GameFi – operates on a play-to-earn model. Earnings via games can be very effective. But not everyone is a fan of…
Beijing court rejects monetary compensation in Bitcoin mining contract plea
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment.
Bitmex Co-Founder Arthur Hayes Recommends “Wait and See” Approach for Cryptocurrency Investors
Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links…
UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions
The chief of the Government Communications Headquarters (GCHQ), one of the big three intelligence agencies in the U.K., has raised concerns regarding China and its digital renminbi. Sir Jeremy Fleming…
2 key Bitcoin trading metrics suggest BTC price has bottomed
Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over.
Bitcoin Hash Rate Triples 6 Months After the China Exodus
It has taken the bitcoin hash rate less than six months to recover from its China-induced crash. The metric, displaying the robustness of the world’s largest blockchain, has increased by…
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