An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance.
Shanghai Man: VeChain on TV, DOGE flips BTC volume, Hotbit hack and more …
DOGE leading in volume and search hits, VeChain’s blockchain solution on state run CGTN, and HOO launches a smart chain of its own
Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs
Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector
Our Man in Shanghai: DogeMania, ‘Dog-Coin’ trademark dogfight, hashrate outage, government warms up to crypto
Global BTC hashrates still down over 15% following accident, Dogecoin the subject of trademark applications, and government official mentions BTC as an investment alternative
Our Man in Shanghai: Coinbase listing scorned, graphics cards seized, nostalgia coins rule
Coinbase and cryptocurrencies viewed cynically on Chinese social media, and news of a large mining GPU smuggling bust in Hong Kong.
Our Man in Shanghai: Scandal as $45M of stolen government funds lost using 100X leverage
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a ‘weapon’ of China (but no one cares), and CZ’s net worth rises to $1.9 billion.
Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.
Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
Digital RMB testing for cross border payments and electric vehicles continues, sentiment takes a dive and blockchain events return to meatspace.