Category: Xunlei

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Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown

After Xunlei was questioned about Initial Miner Offerings (IMO), multiple public companies clarified that they did not and will not tap into the blockchain space. A Shenzhen-based bitcoin miner manufacturer issued a statement saying the business hasn’t generated...

China’s Regulatory Authority Warns About Risks of Initial Miner Offerings

National Internet Finance Association of China (NIFA) this Friday announced that IMOs (Initial Miner Offerings), represented by the token Wankebi and issued by Xunlei (NASDAQ: XNET), are ICOs in disguise and have emerged as a potentially risky model that...

New Year, New Forks: World Bitcoin and Bitcoin Candy Expected Soon

The fork of Bitcoin Cash sparked a wave of airdrops and bitcoin-related fork projects in 2017. A new project, World Bitcoin (WBTC), is to fork at block 503,888 on or around January 12. Unlike other hard forks introducing new...

”Facebook of China” Renren to Stage ICO

Renren, the first generation of Chinese social media, has announced its plan to start an ICO project called RR Coin. In reaction to the news, its shares spiked 13.57%. Also Read: From Mansions to Prisons: Bitcoin and Real-Estate Doesn’t...