Global Fintech & Blockchain China Summit Halted by Police

The first part of the event was interrupted by the police, and all visitors and organizers were asked to leave the premises
12 April 2018   640

The blockchain conference in Shanghai was interrupted by a police visit. This is reported by CoinDesk.

A one-day event called Global Fintech & Blockchain China Summit 2018 was organized by PTP International and was due on April 12th.

About noon local time, the first part of the event was interrupted by the police, and all visitors and organizers were asked to leave the premises. The second part of the conference was canceled also.

According to the information on the conference website, several program speeches were to be delivered, panel discussions and presentations of financial structures, government and crypto-currency projects were held.

Although the official reasons for the breakdown of the event are not called, there are rumors that investors who lost large sums on the ICO, representatives of which also attended it, complained to the police.

We are still investigating the reasons of the halt. And so far the explanation offered by the police is due to security risk. We are working on a solution regarding how to make up for event attendees. The conference is in compliance with the regulation in China and does not feature any ICO roadshow.
 

PTP International, Organizers

The organizer claims that this information is not true, and the conference was conducted in compliance with all Chinese laws.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   97

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.