Police raid Chinese blockchain project GXChain

By Nicole Jao

Sep 12, 20191 min read (Image credit: Bigstock/ivaleksey)Chinese cryptocurrency project GXChain has halted operations after police raided and sealed its offices in the eastern city of Hangzhou, local media reported (in Chinese) on Wednesday. The rea…

Deepfakes are not a threat to facial payments, for now

By Nicole Jao

Sep 11, 20193 min read WeChat facial recognition payment. (Image credit: TechNode/Shi Jiayi)A new Chinese app allowing users to implant their faces into scenes from well-known movies and TV shows landed at the end of last month. Zao quickly stormed …