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H.K.-based CMCC Global's Crypto Fund Targets $300M, Drawing Tycoon Richard Li's Attention

H.K.-based CMCC Global's Crypto Fund Targets $300M, Drawing Tycoon Richard Li's Attention

The CMCC Global Asset Management Ltd's target of $300 million in assets for its latest crypto fund is attracting investors like Hong Kong tycoon Richard Li, allowing them to bet on blockchain and its applications.

Electroneum CEO Richard Ells: How ETN Mass Adoption is Empowering the Unbanked

Electroneum CEO Richard Ells: How ETN Mass Adoption is Empowering the Unbanked

Electroneum is a mobile cryptocurrency that is making serious strides with mass adoption and real-world use in developing nations.

Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Richard Byworth, Diginex CEO has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year.

Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap

Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap

Chinese crypto veteran Li Xiaolai revealed to the public via social media platform Weibo, about Binance’s operations.

Alibaba Sees Blockchain as the Icing on the Cake in the Film Industry

Alibaba Sees Blockchain as the Icing on the Cake in the Film Industry

During the ongoing 28th Golden Rooster and Hundred Flowers Film Festival happening in Xiamen, China, Li Jie, senior vice president of Alibaba Pictures, noted that blockchain was crucial in propelling the growth of the Chinese film industry.

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks

Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.

Permissionless Blockchains fit the Business World's Needs

Permissionless Blockchains fit the Business World's Needs

R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.

Legend of Wuhan Coronavirus Whistleblower Will Live Forever on Ethereum Blockchain

Legend of Wuhan Coronavirus Whistleblower Will Live Forever on Ethereum Blockchain

Li Wenliang was an ophthalmologist at Wuhan Central Hospital who became something of a national hero amidst the turmoil of the Coronavirus. Identifying the deadly virus early, he was silenced by his government for trying to warn the public. His legend has only been further galvanized on the Ethereum blockchain following his recent death where he succumbed to the dreaded illness

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project

Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project

Ant Financial, an affiliate of Alibaba the e-commerce giant is making efforts to increase the scope and accelerate its charity project which happens to be a blockchain initiative.

LocalBitcoins warns Tor Browser Users of Potential Bitcoin Theft

LocalBitcoins warns Tor Browser Users of Potential Bitcoin Theft

LocalBitcoins, a Finnish crypto exchange, recently warned its users about the potential cybersecurity risks connected to the anonymous browser—Tor Browser.

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

According to a report by Yahoo Finance, Blockchain is raising a VC fund to invest in both equity and crypto coins.

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