On December 16, 2017, the first Qiantang River Forum was held in Hangzhou International Expo Center. At the sub-forum “Fosun Belt and Road Summit” hosted by Fosun Group, the A Round Financing Signing Ceremony of Hyperchain was held, and its CEO Li Wei together with its investor Yadong Xingchen reached a multi-million agreement in the A round of financing.

Guo Guangchang, president of Fosun International, Chen Chun, academician of Chinese Academy of Engineering, Li Ming, director of Blockchain Research Institute of Electronics Standardization Research Institute of Ministry of Industry and Information Technology, Yu Liping, president of Rothschild China, and Cai Liang, director of Hyperchain Technologies, attended and witnessed the A Round Financing Signing Ceremony of Hyperchain.

On the morning of December 3, the Fourth World Internet Conference (hereinafter referred to as the “Conference”) opened in Wuzhen, Zhejiang. This year saw the attending of more than 1,500 guests from all over the world. The common theme is: “Developing the digital economy, promoting openness and sharing – join hands to build a community with common destiny.”...read the whole text from http://news.8btc.com/wic-wuzhen-summit-ant-financial-shows-off-its-blockchain-results

 Recently, hotpot issues keep flaring up in bitcoin ecosphere, trading prices hit record highs one after another and the over-the-counter transactions have been developing rapidly. A series of new situations are worthy of attention. The National Internet Financial Risk Analysis Technology Platform monitored the recent bitcoin OTC transactions and formed the current report.
Read the whole article from http://news.8btc.com/bitcoin-otc-trading-report-in-november-accelerated-listing-half-choose-alipay

According to incomplete statistics by Babbitt, as of the end of November 2017, a total of 9 provinces, autonomous regions and municipalities directly under the Central Government have released guidance on the blockchain in China, including Zhejiang, Jiangsu, Guizhou, Fujian, Guangdong, Shandong, Jiangxi, Inner Mongolia and Chongqing. Some provinces even include the blockchain in the province’s “Thirteenth Five Year strategic development plan”’. In addition, the State Department refers to blockchain in the four documents released this year. more to read fromhttp://news.8btc.com/summary-of-government-documents-supporting-blockchain-development-in-china2017

According to incomplete statistics by Babbitt, as of the end of November 2017, a total of 9 provinces, autonomous regions and municipalities directly under the Central Government have released guidance on the blockchain in China, including Zhejiang, Jiangsu, Guizhou, Fujian, Guangdong, Shandong, Jiangxi, Inner Mongolia and Chongqing. Some provinces even include the blockchain in the province’s “Thirteenth Five Year strategic development plan”’. In addition, the State Department refers to blockchain in the four documents released this year.More to read fromhttp://news.8btc.com/summary-of-government-documents-supporting-blockchain-development-in-china2017

While USDT has had some market impact over the past few days, it is not a truly stable coin as it does not meet the basic criteria for a stable digital currency.
Check the link to read more：http://news.8btc.com/yu-xiaojian-is-usdt-a-stable-coin

On the night of November 25, western media broke out the news that Xiaomi furtively engaged in Bitcoin mining business while Lei Jun himself has never expressed any interest in cryptocurrency in public. However, it’s disclosed that two companies under his flag are suspicious of doing business with Bitmain’s cofounder, cryptocurrency giant Wu Jihan.

Almost no one doubts the authenticity of the news at a time when bitcoin’s value is on the verge of breaking “million dollars”, instead, they are calculating how Lei might have profited in the business.

The author combed through what BAT has done in blockchain recently to give you a whole picture of the hunting ground.
to read more:http://news.8btc.com/bats-blockchain-battle-is-underway

On November 18, a brand new activity of 8btc – the first phase of the blockchain technology salon “Chainge” was held in Hangzhou. The theme of this event was “Reflection and Analysis of Blockchain Protocol.” Bytom CTO Long Yu, Qtum core developer He Huaming, chief architect of imToken Chen Kai, Chainx community founder Yue Lipeng and product director of Wanchain Yang Tao delivered wonderful sharing around the upgrade of blockchain protocols...
For more,please look at http://news.8btc.com/chainge%EF%BC%9Athinking-and-analysis-of-blockchain-protocols

Fork money allows everyone who holds bitcoin to automatically earn money, which in itself is a good start and will have great liquidity. The probability for such a fork currency to be listed on the exchange is considerable. Fork coins can be listed for futures trading even before they come out, which means that speculation of fork coins starts before they are born. The better liquidity, the more conducive it is to speculate. Altcoins however do not such opportunity...check the original text throughhttp://news.8btc.com/the-impact-of-fork-coins-on-bitcoin-ecology

Russia’s Putin government decided to issue a state-owned cryptoruble, causing a wave of controversy. The Deputy Minister of Finance also considered the term to be hinging to political factors and anarchism and therefore proposed to change its name to “cyber-ruble.” The Russian Minister of Communications and Mass Media, who proposed the initiative of cryptoruble, also believed that cryptoruble requires not only government support but also regulatory adjustment. Qiwi’s chief executive, on the other hand, thinks it makes sense to have cryptocurrency as an alternative to cash...Check more fromhttp://news.8btc.com/putins-adviser-saw-a-falling-price-of-bitcoin

Last week, the main signatories of SegWit2X announced a halt to the hard fork in mid-month due to a lack of community consensus on the program. Bitcoin Cash (BCH) prices skyrocketed from $ 995 to nearly $ 2,000, and a 100% increase generated much suspicion.
http://news.8btc.com/miners-vs-bitcoin-core-who-wins

In my opinion, this is just a disguised form of token issuance and fundraising. The technical threshold of such projects is low. They are used for speculation under the banner of “better than bitcoin”. In short, anyone can fork bitcoin as long as a new codebase is created on GitHub, and tutorials are available on the Babbitt forum … In addition, the initiator is free to DIY the project content, for example, SBTC’s checkpoint functionality is easy to cause the problem of centralization. There may be exchanges putting these types of tokens on line, but only for speculation purposes probably. Check the original fromhttp://news.8btc.com/what-on-earth-is-ifo-after-ico

JPMorgan predicts that in the next three to five years, China’s financial technology industry will grow into a market of several hundred billion yuan in scale in which Internet companies will occupy major share. Therefore, JPMorgan believes that financial technology will be the next new pillar of the Internet business model besides advertising, gaming and e-commerce.
Check the link to see more: http://news.8btc.com/jpmorgan-financial-technology-to-be-a-new-pillar-of-internet-commerce
BTC

http://news.8btc.com/nifa-warning-risks-of-foreign-exchange-speculation-and-rampant-futures
On November 10, China’s National Internet Finance Association (hereinafter referred to as NIFA”) issued a risk note, annoucing that there’s a big increase in the illegal trading of foreign exchange, precious metals, futures, index and other products through various network platforms, which put great risk on financial and social sides.