China

$139M BXH Exchange Hack Was the Result of Leaked Admin Key
The hack might have been the work of one of BXH’s own employees, CEO says.

Bitmain Appoints New Legal Representative and General Manager
The new GM is a loyal ally to co-founder Zhan Ketuan, who will remain company chairman.

BSN Architect Red Date to Launch NFT Infrastructure in China
“Open permissioned” chains on the BSN are the only way NFTs will be allowed in China, says Red Date CEO Yifan He.

China to Release National Blockchain Standard Next Year, Says Official: Report
While cracking down on on the cryptocurrency industry, Beijing is pouring resources into blockchain for governmental and enterprise use.

SHIB Flippened DOGE With $160M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows
A new force is behind shiba inu’s most recent price surge.

Ant Group, Tencent Change NFT References to ‘Digital Collectibles’: Report
NFTs appear to be facing regulatory heat in China.

Impact of US Bitcoin ETFs on State of DeFi in Asia
Haseeb Qureshi, managing partner at crypto investment firm Dragonfly Capital, discusses the impact of the U.S. ETF landscape on the state of DeFi in Asia. Plus, insights into crypto trading in mainland China and areas of investment opportunities.

Sino Global Capital Launches $200M Fund Backed by FTX
The fund will focus on Solana and Ethereum projects in Asia and specifically India.

Chinese E-Commerce Giant JD.com Reveals NFTs
JD Technology is offering free collectibles to people who sign up for its conference.

Chinese Find Ways Around Crypto Ban; ANZ Settles Debanking Case
Chinese crypto buyers are finding ways around the country's transaction ban. Singapore’s Atlas signs a deal to expand U.S. crypto mining operations. Australia’s ANZ settles a debanking case with a bitcoin trader. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

