apt41, china hacking group, cryptocurrencies, hacking

U.S. Takes Action Against Chinese Hacking Group

The U.S. government has legally charged seven members of a China-based hacking group called APT41. Of the seven members, five are Chinese nationals. They have been accused of compromising government networks, hacking company servers to get ransoms, and spying on activists from Hong Kong. Hacking criminal charges The five members are said to have ties ...

Nspirement Staff

Computer hacking.

China Is Close to Launching Its Cryptocurrency

It has long been speculated that Beijing was planning to launch a government-backed cryptocurrency. Now, sources have confirmed that it is true. Mu Changchun, deputy director of the People’s Bank of China’s (PBOC) payments department, recently remarked that the state’s cryptocurrency will be launched very soon. The cryptocurrency “Unlike decentralised blockchain-based offerings, the PBOC’s currency ...

Max Lu

Chinese cryptocurrency.

How Blockchain Technology Will Shape the Future

According to Gartner, one of the leading research companies in the world, blockchain technology is poised to create about US$3.1 trillion worth of business value by 2030. Blockchain will essentially be so widely used that it will become an integral technological necessity for running society efficiently. Here are five ways the blockchain will likely affect humanity’s ...

Armin Auctor

Bitcoin using blockchain.

China Plans to Ban Bitcoin Mining

Beijing is said to be considering a ban on Bitcoin mining in the country. If the ban comes into effect, it would end China’s dominance in the industry. According to estimates, more than 70 percent of global cryptocurrency mining happens in China. Banning Bitcoin mining China’s National Development and Reform Commission (NDRC) recently revealed the ...

Max Lu

A bitcoin.