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Chinese domain market report : Government seeks the full identity of China’s domainers

Chinese domain investors and common registrants alike, take notice: China’s government wants your real identity when registering domains. The world’s second largest economy has grown in strides, but socially it utilizes a flavor of “Communist Capitalism” that Westerners aren’t familiar with. And now, domain name registrations in China require the submission and verification of real […]

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Chinese domain market : No more Bitcoin exchanges in China

China is getting ready to pull the plug on local Bitcoin exchanges, a step beyond ICO banning. The Chinese government is an unstoppable machine that regulates the Internet in China, hiding many Western service companies behind the Great Firewall. By ending the activity of local Bitcoin exchanges, China intends to strengthen its control and regulation […]

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Escrow.com puts the brakes on Chinese buyers’ credit cards

Escrow.com has temporarily disabled credit card payments from Chinese buyers, due to high decline rates. The top domain payments facilitator announced that domain name buyers from China will have to use bank wire transfers, until the measure is reversed. Here is what Escrow.com announced: “We have noticed unusually high decline rates on credit cards from […]

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Black rice domains : Did 988.com just sell for $1,000,000 dollars?

A distraught domain buyer claiming that they lost $1,000,000 dollars to a seller that reversed the escrow-less transaction, now claims the exchange went through. User “Dong Yuan” asserted on NamePros that they acquired a domain for $1,000,000 dollars but it was subsequently locked down after a TDRP complaint was filed. Seeking advice for a million […]

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Chinese domain market report : Clickfarm scam got clicks going

A Chinese clickfarm utilized 400 iPhone devices, with 300 thousand SIM cards; its operators were located in Thailand. Low cost of phone carrier services lured the Chinese schemers to Thailand, who were paid thousands of dollars to boost the popularity of Chinese apps and web sites. The sophisticated clickfarm ran bots on hundreds of iPhones […]

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