China’s Tencent Splashes $30 Million in Twitch War after Mixer’s Death

A Tencent-affiliated streaming platform, dubbed Trovo, has entered the beta testing phase. Trovo is offering partners $30 million in rewards over eighteen months. This guaranteed income has the potential to lure streamers over from other platforms. With the dust from Mixer’s sudden closure yet to settle, a new contender has already entered the western live […]

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WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts

The WeChat messaging app is continuing its efforts to block official accounts that involve cryptocurrencies, now targeting those that distribute content for sales of bitcoin miners and cryptocurrency market analysis. The official sales channel of bitcoin mining giant Bitmain, which has the WeChat ID “antminersale,” appears to be blocked on Monday. As of press time, […]

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Tencent to Build Virtual Bank After Hong Kong Regulator Approves License

Chinese internet giant Tencent is set to open a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission (SFC) approved a new license. Speaking at the World Blockchain Summit in Wuzhen, China on Friday, Tencent blockchain chief Yige Cai said the company’s virtual bank received the SFC’s green-light. Moving forward, the company will assemble […]

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