This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Memecoin culture clash Feed the gorillas token, or FEG, was a source of drama after memes were posted of Chinese president Xi Jinping.
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Major privacy-focused browser Brave is the latest browser to integrate support of decentralized domains by blockchain domain name provider Unstoppable Domains. Brave announced Thursday that its browser now provides native support for the crypto domain name company, allowing users to seamlessly access .crypto domains via desktop and Android applications. The new feature unlocks access to
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A Dogecoin (DOGE)-focused division at publicly-traded OTC software firm AppSwarm (SWRM) is looking to bring together a global development teams to build off the Dogecoin blockchain. DogeLabs, a newly launched division of AppSwarm’s blockchain research lab, TulsaLabs, announced Wednesday a new initiative calling on DevOps teams to unite their efforts in building a “sort of
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Major auction house Sotheby’s has completed its cryptocurrency-enabled auction offering Banksy’s iconic protest artwork “Love is in the Air.” According to the auction results, Sotheby’s sold the physical artwork on Wednesday for $12.9 million, significantly up from from originally estimated of $3 million to $5 million. The physical artwork was offered at a Contemporary Art
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Bitcoin (BTC) gained 4.3% on May 12 as cryptocurrencies recovered losses despite increasing turmoil on global stock markets. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price reverses upwards Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD erasing almost all the previous day’s losses on Wednesday to trade above $57,500 at the time of writing.
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Ether (ETH), the second most-valued cryptocurrency after Bitcoin (BTC), has hit a major milestone amid the ongoing price rally. On May 12, Ether price set another historic record, surging to as high as $4,346, according to data from CoinMarketCap. Ether’s market capitalization briefly surpassed $500 billion, reaching nearly $505 billion on Wednesday. The new milestone marks
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Despite Dogecoin retracing from its all-time highs above $0.70, dog tokens continue to attract astonishing levels of popularity, with DeFi “blue-chip” Yearn Finance emerging as arguably the most prominent team seeking to cash in on the canine meme coin craze with the launch of its WOOFY token. But the YFI fans jumping in early may
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