Tag: China Blockchain Standards

Chinese Police Shut Down Crypto Conference

Police in China shut down a blockchain conference on Thursday, citing security risks, in a move that was contested by the organizers of the conference. The 2nd Global Fintech and Blockchain China Expo 2018 (GFBC) was brought to a halt by the authorities, reportedly because the police suspected that the organizers invited a fraudulent ICO team that had defrauded a sizable number of Chinese investors, some of whom were in attendance. …
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Bitcoin Price Watch: Breaking $10K is Proving Difficult

At press time, bitcoin is trading for approximately $9,130 following a long week of volatility exploits and price drops. The cryptocurrency has been experiencing massive swings between the $8,900 and $9,500 range, and it’s unclear if or when bitcoin will decide to settle before another respective run. Just over a week ago, bitcoin was trading for approximately $11,200, though drops have likely occurred thanks to ongoing regulatory tactics. Currently, China’s …
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