Search Results for: Hangzhou

AntChain Integrates Zero-Knowledge Proof for Enhanced Privacy and Verification in Web3.0 Era

Ant Group’s AntChain has announced a new architecture upgrade for its privacy collaboration platform, AntChain FAIR, introducing Zero-Knowledge Proof (ZKP) as a core technology for verifiable computation. This extends trustworthy data transfer to the verification of computation processes, data attributes, and identities. ZKP is a cryptographic technique that enables one party (the prover) to demonstrate … Continue reading AntChain Integrates Zero-Knowledge Proof for Enhanced Privacy and Verification in Web3.0 Era

Xiao Yi: Mastermind Behind 2021's Biggest Bitcoin Crash Receives Life Sentence

On August 22, 2023, the Intermediate People’s Court of Hangzhou, Zhejiang Province, China, publicly pronounced the verdict on Xiao Yi, a former member of the Jiangxi Provincial Political Consultative Conference (CPPCC) and its vice chairman, for bribery and abuse of power. Xiao Yi was sentenced to life imprisonment for bribery, deprived of political rights for … Continue reading Xiao Yi: Mastermind Behind 2021's Biggest Bitcoin Crash Receives Life Sentence

Alipay Facilitates First Digital Cauldron Lighting in Asian Games History

Key Takeaways Alipay, the Official Prestige Partner of the Hangzhou Asian Games, enabled over 100 million digital torchbearers to participate in the first-ever digital cauldron lighting. The digital torchbearer program was part of the Smart Hangzhou 2022 platform. Alipay’s technology ensured compatibility across 300 types of phones, including those produced 8 years ago. The Ceremony … Continue reading Alipay Facilitates First Digital Cauldron Lighting in Asian Games History

Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

The Singaporean financial regulatory landscape has recently intensified its scrutiny of cryptocurrency-related businesses, as exemplified by the Monetary Authority of Singapore (MAS)’s decision to blacklist ImToken, a noncustodial crypto wallet provider. This move highlights Singapore’s proactive stance in regulating the burgeoning crypto sector, aiming to safeguard investors and uphold financial system stability. ImToken, founded in … Continue reading Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

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