Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million. Chinese news agency Xinhua reported on Saturday that the three were busted on Aug. 15 in the provinces of Hunan and Changchun and the country’s capital Beijing after a months-long investigation launched by the police. […]

Marvel is not yet sure if it will oppose a cryptocurrency startup playing off the name of the fictional nation of Wakanda from the Black Panther film. The comic book giant’s subsidiary, Marvel Characters, filed for extensions with the U.S. Patent and Trademark Office to receive more time before deciding whether it will oppose the […]

Tech giant Tencent thinks blockchain can speed up the reimbursement of expenses for company employees, and it’s trialing a feature on its WeChat app to do just that. According to a blog post published on Friday, Tencent has piloted the application at a local restaurant in Shenzhen, China, where a user paid the bill through its existing […]

A group of Japanese cryptocurrency exchanges have formally submitted a detailed proposal to form a self-regulatory organization to the nation’s Financial Services Agency (FSA). The Japan Virtual Currency Exchange Association (JVCEA), which was formed by 16 exchanges in March and registered with the FSA in April, has applied to become a “certified fund settlement business […]

The Agricultural Bank of China (ABC), one of the world’s largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system. The bank tested the technology for the first time in one of its branches in China’s Guizhou province, issuing a loan backed by a piece of agricultural […]