ChainCatcher news, November 2023, the Economic Investigation Team of the Kunming Public Security Bureau successfully cracked a new type of online pyramid scheme crime using virtual currency and blockchain concepts as a vehicle. Since 2022, individuals including Li have established a community on a public blockchain on the internet, using the bait of "earning static mining income through stakable virtual currencies" and "developing downlines to stake virtual currencies for substantial dynamic referral income," claiming that every level of players can receive management rewards of 2% to 30% from direct referrals. As of April 2023, their group had developed over 10,000 members, formed a hierarchical criminal organization with 15 levels, and involved funds exceeding 280 million yuan. Currently, 15 criminal suspects have been arrested in this case, 8 have been approved for arrest, and 11 have been transferred for prosecution.

According to Chain Catcher news, the information disclosed by the Hubei Provincial Department of Economy and Information Technology shows that recently, the Ministry of Industry and Information Technology officially replied to the Hubei Provincial Department of Economy and Information Technology, supporting the city of Wuhan in creating a national blockchain development pilot zone. Currently, five cities including Suzhou, Guangzhou, Wuhan, Zhengzhou, and Kunming have been approved to build national blockchain development pilot zones. (Source link)

Chain Catcher News: The Blockchain Industry Innovation and Development Special Training Course, hosted by the Ministry of Industry and Information Technology, recently opened in Kunming. Jiang Mingtao, Deputy Director of the Information Technology Development Department of the Ministry of Industry and Information Technology, Nie Lining, Deputy Director of the Yunnan Provincial Department of Industry and Information Technology, and An Enfa, Member of the Municipal Standing Committee and Vice Mayor, attended and delivered speeches.The purpose of this training course is to enhance the theoretical level and work capabilities of the cadre team in the national blockchain field, help various regions timely grasp the current status of industrial development in the field of national blockchain technology innovation, gain insights into the similarities and differences in domestic and international development, assess the opportunities and challenges brought by Internet 3.0, and accurately understand the connotation and trends of blockchain development.Relevant department-level officials in charge of blockchain from industrial and information technology authorities across the country, as well as well-known domestic experts and scholars, engaged in discussions and specialized lectures on the development of blockchain technology at home and abroad, the empowerment of the real economy and public services by blockchain, and the integration and application of blockchain with a new generation of information technology, providing strong support for various regions to accelerate the high-quality development of the blockchain industry. (Source link)