Chinese internet giant Tencent plans to terminate another of its platforms for non-fungible tokens (NFTs) this week, according to Jiemian.com, a Shanghai-based technology news site.
The platform known as Huanhe, or Magic Core, is the latest victim of Beijing’s crackdown on NFT trading, Jiemian.com said, citing Tencent insiders. Tencent News’s NFT platform was shut down earlier this month.
Read the full report: Jiemian.com
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