2023-5-26 02:21 |
Chinese state TV’s crypto news report gets memory holed, Multichain token plunges as arrest rumors swirl, memecoin hype subsides, and more.
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In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021. Kazakhstan’s mining industry boomed between 2020 and 2021, driven by cheap electricity, hosting demand, access to cheap Chinese machines, relaxed regulations, and tax benefits, according to a Hashrate Index report.
2023-5-4 19:02 | |
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The Chinese government-backed CPIC Investment Management is launching two crypto funds related to blockchain investment and staking.
2023-4-6 14:26 | |
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According to a Reuters report, new charges have been unveiled against Sam Bankman-Fried, the co-founder of the now-bankrupt FTX exchange. Bankman-Fried, who founded one of the largest cryptocurrency exchanges in the world, has been accused of bribing Chinese officials.
2023-3-28 19:48 | |
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According to a recent report from Bloomberg, Chinese banks are now showing interest in Hong Kong crypto firms. This has surprised the broader crypto community, given that China had once restricted digital currency transactions in the country.
2023-3-28 22:30 | |
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Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland.
2023-3-28 09:00 | |
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CNBC has released an investigative piece on Binance citing allegations of allowing its Chinese customers to override the country's cryptocurrency trading ban.
2023-3-24 11:41 | |
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Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development.
2023-2-7 18:30 | |
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Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season.
2023-2-7 07:40 | |
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KPMG’s latest research report shows blockchain technology was the 5th most popular innovative tech among Chinese fintech companies last year.
2023-1-28 20:29 | |
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Matrixport’s new research report shows the price of bitcoin (BTC) has gained over 9% on average during every Chinese new year (CNY) since 2015.
2023-1-24 17:12 | |
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Former Chinese Communist Party member Xiao Yi seemed to speak with a very subdued voice from what appeared to be prison, apologizing for supporting a Fuzhou crypto mining firm.
2023-1-10 22:15 | |
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Chinese police have arrested a gang of people accused of laundering $1.7 billion (12 billion in Chinese yuan). Its 63 members laundered their funds using crypto in May 2021. According to a local report, the gang used money from illegal…
2022-12-13 00:26 | |
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Non-fungible tokens (NFTs) are legally-recognized property, according to one Chinese court. According to a recent local report, the Hangzhou Court of China stated that NFTs feature value, scarcity, controllability, and tradability.
2022-12-6 20:37 | |
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Chinese cryptocurrency exchange Huobi Global yesterday published an asset transparency report. It announced its total estimated value of reserves to be $3.5 billion. The exchange reassured its users tThe post What Huobi's latest report means for its crypto-holdings worth... appeared first on AMBCrypto.
2022-11-14 11:30 | |
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A new Chainalysis report shows last year’s ban hasn’t prevented the Chinese from using bitcoin as the country returns to the global adoption rank’s top 10.
2022-9-16 16:50 | |
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Users of the Chinese tech giant's Huanhe non-fungible token platform will still be able to hold, display or request a refund on their NFT holdings.
2022-8-17 14:45 | |
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Major Chinese companies including JD. com, Baidu, Ant Group, and Tencent will now require ID verification in order to purchase and sell NFTs, according to a report published in the South China Morning Post.
2022-7-9 11:50 | |
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Per a report from the South China Morning Post, Chinese private companies implemented an initiative to de-anonymize non-fungible token (NFT) trading. Called “Self-Discipline Initiative”, major companies in this country took the commitment to verifying users’ identity in the digital sector.
2022-7-5 01:00 | |
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Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk.
2022-5-10 14:41 | |
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TRON’s founder, Justin Sun has reportedly won the bid on the Twelve Chinese Zodiac Heads a few days ago, marking another big win for Sun as a top-class art collector. According to a recent report, Sun has been able to acquire the complete set of the crypto artworks “Twelve Digital Zodiac Heads” at the Twelve […]
2022-4-10 11:37 | |
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The research report blamed the increase of Bitcoin’s carbon footprint on the China mining ban and claimed Chinese miners were more renewable-energy-focused.
2022-3-1 12:07 | |
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The crypto community reportedly expects Kazakhstan’s internet and mining industry to have returned to normal by next Monday.
2022-1-7 15:10 | |
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Solana (SOL) has reportedly come under a distributed denial-of-service (DDoS) attack. News of the attack came from a tweet by Chinese journalist Colin Wu, who referenced users of Solana’s official Telegram community as the source of the information.
2022-1-5 00:00 | |
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About 20% of the world’s bitcoin miners are estimated to still operate from Chinese soil.
2021-12-21 21:54 | |
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The Chinese government’s crackdown on crypto mining continues. According to a report by CNN, the Chinese authorities are ramping up atheir crackdown on crypto mining,...
2021-11-19 19:13 | |
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China’s seriousness with its near blanket ban of all things crypto-related in the country has begun to receive telling reactions from crypto-businesses. According to a report by a local news outlet, as many as 20 virtual currency companies have disclosed that they are ending their operations in China and completely withdrawing from the Asian country […]
2021-10-13 22:10 | |
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Bloomberg says Tether has invested billions of dollars of its reserves in Chinese commercial paper and loaned $1 billion to crypto lender Celsius Network with Bitcoin as collateral. The post Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative first appeared on BitcoinExchangeGuide.
2021-10-7 18:47 | |
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The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile apps. According to a local report, the digital RMB App reveals a recent addition of more banks to the interface.
2021-8-22 11:28 | |
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DAO Maker, a crypto fundraising platform commonly mistaken for MakerDAO, suffered a hack that resulted in the loss of more than $7. 00 million (£5. 07 million). A report unveiled this news on August 12, citing a disclosure from PeckShield, a Chinese blockchain security company.
2021-8-13 21:27 | |
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Chinese addresses sent more than $2.2 billion worth of cryptocurrency to addresses linked to illegal activities between April 2019 and June 2021, according to the latest report from analyst firm Chainalysis.
2021-8-14 13:33 | |
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Cryptocurrencies including Bitcoin have gained some notoriety for their use in fraudulent activities. It seems the problem is still lingering as a recent report has revealed alarming amounts of scams facilitated by cryptocurrencies.
2021-8-6 20:47 | |
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In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases.
2021-7-8 22:30 | |
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Bitcoin’s hashrate has plunged by 16.94% over the past 24 hours after the Chinese province of Sichuan directed energy companies to stop providing BTC miners with power. A report unveiled this news on June 19, noting that the province took this step after a meeting between China’s Science and Technology Bureau and the Sichuan Ya’an […] The post Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17% appeared first on Invezz.
2021-6-21 17:06 | |
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The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021.
2021-6-19 00:00 | |
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Chinese province Yunnan is gearing up to outright ban crypto mining in response to similar moves by Qinghai, Xinjiang, and Inner Mongolia. The post Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report appeared first on BeInCrypto.
2021-6-12 22:47 | |
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Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate.
2021-6-10 08:30 | |
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Various sources report that all search engine platforms in China have blocked results for major crypto exchanges
2021-6-9 12:42 | |
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Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province. Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More
2021-6-6 19:00 | |
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CCTV-13, a TV channel that is part of the state-controlled China Central Television (CCTV) network, aired a new report today, highlighting how easy malicious actors can create fraudulent tokens and sell them on decentralized finance (DeFi) platforms such as Uniswap.
2021-6-3 07:00 | |
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Chinese online brokerages Tiger Brokers and Futu plan to bolster crypto trading services, taking on global players Robinhood and eToro, as per a report in the South China Morning Post today. The post Publicly-listed Chinese brokerages eye Bitcoin offerings, but there’s a catch appeared first on CryptoSlate.
2021-6-2 07:00 | |
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Two trading apps in China, rivals to American platform Robinhood, are exploring a move into the cryptocurrency space as they seek expansion into the U.S market. According to a report from CNBC, the companies – namely Futu and Tiger Brokers – revealed they were in the process of applying for licenses for Singapore and America […]
2021-6-2 22:34 | |
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As China continues its crackdown on cryptocurrencies, some companies in the region are not lying low to take the heat. According to a recent report, two Chinese online brokerages have decided to expand their business to include crypto trading abroad.
2021-6-1 13:59 | |
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Chinese crypto investors are going against the government’s largest crackdown on crypto since 2017 by placing secretive bets. A report unveiled this news on May 31, noting that this development shows just how hard the Chinese government has to work to control the speculative boom in cryptos.
2021-6-1 22:02 | |
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Trading activities on Chinese over-the-counter (OTC) desks have started to gain momentum once again just a few weeks after authorities announced plans to crack down on bitcoin (BTC) trading and mining operations, according to a Bloomberg report on May 30, 2021.
2021-6-1 15:00 | |
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Chinese Bitcoin miners are scrambling to shift or shut operations after the latest round of ‘crypto FUD’ initiated by the government, a report on news outlet Reuters said today. The post Bitcoin miners are shutting down Chinese operations after Vice Premier’s comments appeared first on CryptoSlate.
2021-5-24 11:01 | |
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A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry.
2021-5-22 21:00 | |
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Ant Group, an affiliate of leading Chinese multinational technology company Alibaba, is planning to let the users of online-only bank MYbank test China’s central bank-issued digital currency. A report unveiled this news on May 10, noting that this trial will let some of the bank’s customers link their accounts to China’s digital yuan application.
2021-5-11 00:35 | |
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Reporter Colin Wu shared news published by Chinese state media PengPai related to Bitcoin mining activities by the national government. At the very least, China’s view of cryptocurrencies is ambiguous, but according to the report they have been dabbing with BTC.
2021-4-30 02:42 | |
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Beijing is reportedly examining the energy of “cryptocurrency miners” within the region, which may come to impact bitcoin mining operations.
2021-4-29 19:27 | |
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Deep fake nudes to be outlawed in UK and Australia, pick up artists fake big live stream audiences to meet women, plus more news: AI Eye.
HTX hacked for $13.6M — the ecosystem’s fourth hack in recent months — 100K Koreans test out CBDC, and Binance is dead, long live Binance!
Chinese court knocks back civil lawsuit over “illegal” crypto, Hong Kong exchanges gain momentum, The Block gets $60M from Singapore firm.
China issues legal guidance that gives NFT markets hope, Bitget invests $10M in Indian startups, SEBA Bank’s Hong Kong license: Asia Express.
Train up kickass AI models to sell them as NFTs in AI Arena, how often GPT-4 lies to you, and fake AI pics in the Israel/Gaza war: AI Eye.
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token.
Polygon co-founder Sandeep Nailwal won’t be happy until the project is successful enough to stand alongside Bitcoin and Ethereum.