China

Largest Hack in DeFi History, ADA Hits Two-Month High
Poly Network suffers the largest hack in DeFi history. Small and mid-sized miners suffer in China exodus, and Cardano’s ADA hits a two-month high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Alipay Adds Cooldown Feature on NFTs to Curb Speculation
China's second-most popular payments app doesn't want users to engage in speculation with NFTs.

Poly Network Prepares for Hacker to Return Millions in Stolen Crypto
The hacker who stole potentially $600 million from Poly Network asked for a multisig wallet to return the funds.

Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost
DeFi platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto.

China Continues E-CNY Pilot, Google Allows Crypto Advertising
China’s e-CNY trials continue. Google allows crypto advertising back, and Oscar Mayer rolls out “hot doge” sale. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Chinese Crypto Traders Remain Confident in Binance Despite Regulatory Woes
Traders in China appear to be more concerned about the future of Huobi and OKEx.

Hong Kong Crypto Crime Surges, Tencent Launches NFT Platform
Crypto-related crimes surge to record levels in Hong Kong. Australia’s Afterpay to be acquired by Square. Chinese tech giant Tencent launches an NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Banished Chinese Bitcoin Miners Look to the West, and Far Beyond
One lesson Chinese miners have learned from the ban: Don't put all your eggs in one basket.

China Maintains Crypto Market Pressure, J-Pop Stars Offer NFT Advice
China’s central bank to maintain pressure on the crypto market. China clarifies the legal validity of blockchain evidence, and J-Pop’s “Cryptocurrency Girls” offer NFT advice. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

PBoC Says It Will Keep High Pressure on Crypto Trading
China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

