China’s state-backed blockchain firm to launch major overseas project

China’s Blockchain-based Service Network (BSN) is planning a major international expansion project in August. Yuichiro Chino | Moment | Getty Images China’s state-backed blockchain company is planning its first major international expansion, its CEO told CNBC, as Beijing continues to make technology a key priority. Blockchain-based Service Network (BSN) bills itself as a “one-stop shop” … Read more

China blockchain explainer: What is BSN?

China has made blockchain technology a strategic priority. Blockchain-based Service Network, or BSN, is part of its efforts to boost its capabilities in the sector. Yuichiro Chino | Moment | Getty Images Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology. In a speech in 2019, … Read more

ApeCoin token surges after Elon Musk Twitter profile change

The Bored Ape NFT collection has garnered a cult-like following since its inception in April 2021. Jakub Porzycki | Nurphoto | Getty Images Elon Musk on Wednesday changed his profile picture on Twitter to an image featuring various avatars from the Bored Ape non-fungible token collection, sending the price of the project’s digital token soaring. … Read more

Frozen embryos will keep accused bitcoin money launderers from fleeing

The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images A lawyer for the New York couple accused of an “extraordinarily complex” scheme to launder $ 4.5 billion in stolen bitcoin argues in a court filing that they are not … Read more