2019-11-26 19:50 |
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China.
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Brian Kelly, the founder of Brian Kelly Capital, suggested that the anti-cryptocurrency regulatory moves by China caused Bitcoin to take a drop substantially. We are in the midst of a ‘digital arms race,’ he claimed.
2019-11-25 11:15 | |
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China’s recent crackdown on cryptocurrencies may have caused Bitcoin whales to move huge quantities of BTC. China’s recent praises of blockchain technology do not seem to extend to Bitcoin and cryptocurrencies, as the country’s central bank launched another crackdown on crypto.
2019-11-23 16:00 | |
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Shenzhen is the blockchain hub of China, but its law enforcement will soon be cracking down on cryptocurrencies. The state has identified some 39 illegal cryptocurrency companies operating within the city.
2019-11-23 00:17 | |
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The Shanghai division of the People’s Bank of China issued a statement regarding the use of virtual currencies in the region. Reiterating that China’s favorable openings are to blockchain and not Bitcoin, markets slid by up to 11 percent in response to the news.
2019-11-22 20:37 | |
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China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector.
2019-11-16 20:17 | |
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On October 19, 2019 Chinese internet giant Tencent released a white paper on blockchain, its third in the last three years, making abundantly clear that China’s crackdown on cryptocurrency has not derailed its attempts at flirting with blockchain.
2019-10-24 23:29 | |
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On Wednesday, the US Department of Justice announced that it had shut down the largest child pornography website by content volume. It also arrested its owner and 337 site users across 38 countries.
2019-10-17 11:24 | |
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Another week, another of Crypto Tidbits. This week, Bitcoin traded within a relatively wide range — $8,200 to $8,900 — but is closing at a very similar level to last week. Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future.
2019-10-13 23:30 | |
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The Commodity Futures Trading Commission (CFTC) charged an individual from Pennsylvania for making fraudulent claims of investing in Bitcoin on behalf of two investors. As per the press release, the accused never had possession of said Bitcoin, so it was never actually delivered to investors, September 30, 2019.
2019-10-1 18:00 | |
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Chinese police reportedly raided the office of a popular and legit ICO company recently, according to a tweet on September 11, 2019. While the main reason for the crackdown isn’t known yet, there are speculations that the actions of the Chinese local authorities may not be cryptocurrency-related.
2019-9-13 23:00 | |
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The Texas Securities Commissioner has ordered AWS Mining, a mining firm operating in the state, to repay their investors any money they had put into mining contracts. In Texas, the state securities regulators went on a statewide crackdown of illegitimate cryptocurrency businesses that were soliciting investors from Texas.
2019-8-4 13:19 | |
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Changpeng Zhao (CZ) doesn’t believe Trump’s recent anti-crypto rhetoric will have an adverse effect on the industry as a whole, reports CNBC, July 23, 2019. The Binance CEO says the industry has sufficient maturity and censorship resistance to survive any government-led crackdown.
2019-7-24 23:00 | |
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Cryptocurrency tax evaders may not be able to hide in the shadows any longer, as tax agencies are now on the alert. Countries like Japan and Australia have placed virtual currency evaders on their priority list and are seeking effective means to nab cryptocurrency tax offenders.
2019-6-7 01:00 | |
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Americans everywhere are feeling the effects of rising healthcare costs, which in many instances have risen at a faster rate than the average income. There are unfortunately many unavoidable reasons for this, including increasing rates of chronic diseases like diabetes that account for the vast majority of care expenses.
2019-2-1 09:18 | |
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Huobi is back in Japan, this time as a fully regulated exchange under Japan's Financial Services Agency (FSA). Following its merger with BitTrade, Huobi Japan Holding Ltd.
2019-1-19 19:03 | |
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BitMEX is going through regulatory pressure and to avoid issues with the SEC the Hong-Kong based exchange has been shutting down users from US and Canada, as reported by South China Morning Post Jan 15, 2019.
2019-1-17 10:23 | |
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Cryptocurrency project Prometheum raised $12 million in seed funding this week before the company gears up to offer a Securities and Exchange Commission (SEC)-approved security token to investors in early-2019, reported American Banker on December 21, 2018.
2018-12-24 21:00 | |
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Blockchain trend tracker SV Insight Research’s latest report on the “State of the Dapps” is sure to raise a few eyebrows within the Chinese establishment. Unless of course, the “all-seeing” CCP hawks were already aware of their faltering attempts to deliver a fatal blow to the homegrown online gambling market.
2018-11-28 14:59 | |
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As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company.
2018-11-20 00:18 | |
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South Korean cryptocurrency exchange Zeniex will terminate its services due to increasing government pressure on unauthorized digital currency exchanges. According to Zeniex’s website post, published on November 9, 2018, the cryptocurrency exchange noted that operating amidst a government crackdown on the industry will be a challenging feat.
2018-11-13 10:00 | |
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The United States Securities and Exchange Commission (SEC) has taken action against Blockvest LLC. , an initial coin offering (ICO) project whose founders falsely claimed to have registered with the commission, whereas they were operating illegally in the state, violating securities regulations, reported Finance Magnates on October 11, 2018.
2018-10-14 21:00 | |
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While many domestic cryptocurrency exchanges collapsed during China’s regulatory clampdown in 2017, Binance, is, however, thriving and on the way to becoming one of the largest cryptocurrency exchanges in the world.
2018-10-4 17:00 | |
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Binance had to move its headquarters from China to Japan in the wake of the PBoC’s crackdown against local cryptocurrency firms. But that didn’t discourage it from becoming the world’s leading cryptocurrency exchange.
2018-10-4 21:30 | |
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With the Chinese crypto crackdown hot on the heels of all aspects of the cryptocurrency industry, it would seem pretty irrational to open a hotel and advertise that it is accepting Ethereum payments.
2018-10-2 06:00 | |
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Making use of its proprietary blockchain platform, China’s Bank of Communications (BoCom) has issued residential mortgage-backed securities (RMBS) worth 1. 3 billion USD, per a report published by China Money Network, dated September 28, 2018.
2018-10-1 22:00 | |
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A New Blockchain Hub in South Korea Boomstarter. Network team is back from a big roadshow in Asia which included South Korea and Hong Kong and featured private meetups with funds, blockchain influencers and crypto-community.
2018-9-26 16:15 | |
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The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin.
2018-9-12 23:42 | |
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The Guangzhou Development District, established in the 1980s as a special economic zone in Southern China, issued a notice on Aug 24 banning any events that promote cryptocurrencies. The ban came amidst China’s clampdown on cryptocurrencies throughout the nation.
2018-8-30 18:04 | |
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China’s latest crackdown on cryptocurrency trading won’t stop the determined few. China is set to lose the best and brightest of its current digital crop as they head off as crypto refugees.
2018-8-28 19:43 | |
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Despite an infamous crackdown on digital assets, the Reserve Bank of India (RBI) has created a task force to explore avenues and unique use-cases pertaining to blockchain technology, artificial intelligence and cryptocurrencies.
2018-8-28 07:00 | |
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The Reserve Bank of India (RBI), the nation’s central bank, has formed a new research group focusing on emerging technologies like cryptocurrency, blockchain and artificial intelligence, the Economic Times reports.
2018-8-28 23:07 | |
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It appears that the Chinese government is getting serious in its cryptocurrency crackdown. A number of accounts on popular messaging app WeChat have recently been closed for publishing ICO-related materials.
2018-8-28 17:00 | |
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North Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event, said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises.
2018-8-26 01:35 | |
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China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers.
2018-8-24 00:24 | |
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In a fresh crackdown on cryptocurrency-related activities, China has blocked several blockchain-related news accounts on WeChat, one of its top social apps. WeChat Crypto Accounts Shuttered In 2017, China had imposed a ban on ICOs because of their unregulated nature and the scams associated with them.
2018-8-23 14:00 | |
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Just recently, there is evidence of a crackdown on tax evasion and cryptocurrency. Agents are now learning blockchain technology to allow them to follow the money through the system. The Internal Revenue Service (IRS) has gathered a specified team of criminal agents to establish tax evasion cases on users of cryptocurrencies like lordsofcrypto, a popular […]
2018-8-2 22:53 | |
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This week, the U. S. Department of Justice and other law enforcement agencies banded together to bring down some bad actors on the dark web. EOS is undergoing some growing pains with the launch of its network, exposing the trials and tribulations of an all-too-centralized governance model.
2018-6-30 20:56 | |
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Vietnam legislators approved a cybersecurity bill on June 12 putting tighter rules on tech companies from the start of 2019. Vietnam has been recognised as a potential hub for blockchain activity but doubts still remain over regulatory uncertainty.
2018-6-19 16:30 | |
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With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP).
2018-6-13 00:23 | |
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President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.
The Chinese government has unveiled an ambitious project titled “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” with Conflux Network leading the charge.
A National People’s Congress member has submitted a proposal advocating for expanding blockchain infrastructure to bolster China's government services and economic sectors.
Bitcoin is trading at a premium in many of the world's currencies because of their relative weakness to the USD
Chinese investors are in panic mode as their stock markets crash. Some are turning to bitcoin’s store-of-value and exciting investment thesis.
Experts predict the global quantum computing sector will have grown from about $930 million in 2023 to $6.5 billion by 2030, but some global markets may be better poised for growth than others.