Daily Archives: April 25, 2020

Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision

A driving force behind the scenes of China’s ambitious blockchain infrastructure project says he used to be skeptical of the technology. “Initially I thought blockchain, especially distributed ledger technology [DLT], had no commercial value because it was too expensive,” said Yifan He, CEO of Beijing Red Date Technology. “Then I realized we can actually build a multi-framework platform to reduce the cost for…

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Authorities of US Freeze COVID-19 Website Alleged Scammer Tried to Sell for Bitcoin

The U.S. Departments of Justice (DOJ) and Homeland Security (DHS) have seized coronaprevention.org, alleging its owner tried to sell the domain for bitcoin after posting about it in a “hacker’s forum.” Announced late Friday, the unidentified owner of the site tried to sell the domain to an undercover agent with the Department of Homeland Security’s Criminal Investigations unit, who said they…

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