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Binance’s ‘Chinese Twitter’ Gets Blocked for Unknown Violations

News Binance’s official account on China’s major microblogging website Weibo has been blocked. The account of the major global exchange was blocked on Nov. 13, purportedly due to violations of the site’s policies, Taiwan-based publication The China Times reported on Nov. 15. At press time, Binance..

WeChat Pay Using Blockchain to Track Payments, Says Binance CEO

News Binance CEO Changpeng Zhao (CZ) took to Twitter on Oct. 25, saying that he had “got word” that WeChat Pay puts receipts on the blockchain, along with a screengrab of a receipt with a link to a block explorer. Why does CZ care so much?Globally, companies in almost every industry are implementi..

Tencent Admits Facebook’s Libra Is a Threat to WeChat Pay

News Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain whitepaper. Asian news outlet EjinSight reported on Oct. 24 that in the document Tencent acknowledges that international expansion of Chinese mobil..

Binance Starts Accepting Fiat Currencies Through Alipay and WeChat

News Major cryptocurrency exchange Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat, CEO Changpeng Zhao (CZ) confirmed in a tweet on Oct. 9. Zhao was quick to clarify that, while it is accepting fiat through the aforement..

BitTorrent to Begin Alpha Testing Blockchain-Based Streaming Platform

News Major file sharing company BitTorrent, a subsidiary of blockchain company Tron, is going to internally test its blockchain-based live streaming platform in Q3 2019. Platform overviewBitTorrent announced the news in an official blog post on Aug. 27. According to the announcement, the streaming..

Binance Venus Aims to Outshine Libra and Chinese National Crypto?

Analysis Within the past 12 months, stablecoins have transformed from a niche idea to tackle the issues of a volatile market into methods of payment championed by some of the world’s biggest and most powerful tech companies. Facebook’s announcement that it would be supporting the launch of a rese..

Paying the Price: WeChat Merchants Banned From Crypto Payments

Follow up On May 7, Dovey Wan, founding partner of crypto investment firm Primitive Ventures tweeted that the Chinese social media behemoth and payment service provider WeChat is set to ban merchants from making cryptocurrency payments. This ban marks the latest effort to stymie cryptocurrency usa..

Hodler’s Digest, May 6–12: Top Stories, Price Movements, Quotes and FUD of the Week

Hodler’s Digest Top Stories This WeekHackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security BreachBinance, one of the largest cryptocurrency exchanges by daily trade volume, experienced a security breach this week, losing a little over 7,000 bitcoins (BTC). CEO Changpeng Zhao stated a..

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