Blockheads: China sets global blockchain standards and Canaan is alive

Last week, the usual flurry of blockchain news slowed, but the news that broke was big. The first China-made global blockchain standards were approved and bitcoin rig maker Canaan may be back from near-death.BlockchainheadlinesThe world of blockchain moves fast, and nowhere does it move faster than China. Here’s what you need to know about China’s block-world from the week of Aug. 21-Sept. 6.The new standardsThe International Telecommunications Union, the body that regulates related systems and telecommunications globally, approved new basic standards on financial applications for blockchain, …

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