China’s Alibaba Quietly Launches Cryptocurrency Mining Platform: Unconfirmed Local Report

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Chinese e-commerce and tech conglomerate Alibaba has quietly launched a cryptocurrency mining platform, according to an unconfirmed local media report. According to Tencent News, Alibaba registered the platform, which is called “P2P Nodes,” on Oct. 10, 2017 with the relevant local authorities in Nanjing. “Alibaba has recently launched a virtual currency