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Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14
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Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14

OP Labs Team announces Canyon hardfork for Superchain testnets, November 14, incorporating Shanghai and Capella updates, bug fixes, and EIP-1559 changes. Node operators must upgrade systems.

China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry
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China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the "Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)". The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city's strategic focus on five key areas to propel the development of metaverse tourism in the coming years.

China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan
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China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan

Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious "Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025)." This strategic initiative was revealed by the Shanghai Municipal Government Office, highlighting the city's commitment to accelerating the development of its digital economy with a focus on Blockchain, Web3.0, and the Metaverse.

Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)
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Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)

The Shanghai Municipal Science and Technology Commission announced today the release of its "Shanghai Metaverse Key Technology R&D Plan (2023-2025)".

Ethereum developers chose eight updates for Shanghai
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Ethereum developers chose eight updates for Shanghai

The Shanghai update comes after the Merge and proof-of-stake consensus. Beacon Chain staked ETH will be unlocked, permitting withdrawals. Shanghai testnet launched Oct. 18.

China's CBDC Testing Advances along 19.25M Yuan Distribute to Residents
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China's CBDC Testing Advances along 19.25M Yuan Distribute to Residents

The Digital Yuan testing is extending to Shanghai as residents will be given free money worth 19.25 million yuan.

China’s Central Bank Reveals First Cohort of its FinTech Regulatory Sandbox Pilot
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China’s Central Bank Reveals First Cohort of its FinTech Regulatory Sandbox Pilot

The Chinese central bank’s Shanghai headquarters has recently revealed the Shanghai FinTech Innovation regulatory sandbox application list. The People’s Bank of China’s (PBoC) Shanghai branch is currently soliciting opinions from the public on eight applications to be included in the FinTech innovation supervision pilot.

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform
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Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai’s high court has started using blockchain technology to record hearings as part of its court record reform pilot. During the meeting on the reform of court records, participants took part in observing the whole process of the court trial of a dispute over the equity transfer contract heard by the Shanghai Minhang District People’s Court.

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