2019-11-1 14:02 |
The United States must catch up with China when it comes to central bank digital currency, say analysts
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China’s economy is not immune to the woes that are creeping into Western ones. It has long been a nation of savers but increasing household debt and more banking bailouts are signaling stormy economic weather ahead.
2019-11-1 15:00 | |
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One of the reasons Bitcoin was envisaged was to provide freedom from the banking system, which is clearly in trouble. Banks literally hold their customers to ransom when services are pulled. This is exactly what is happening now in China as citizens rush to withdraw their savings.
2019-11-1 07:00 | |
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Tamil Nadu, the 10th largest Indian state, is working on creating state-level policies for AI and blockchain technologies. Blockchain technology seems to be going through a very positive period, with major countries around the world suddenly welcoming it.
2019-11-1 02:09 | |
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Bitmain was planning a US-based IPO when Jihan Wu took over as the company’s legal representative in China.
2019-10-30 16:41 | |
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Chile cancels APEC summit over ongoing protests. President Trump and China’s Xi Jinping were scheduled to hold face-to-face talks at the upcoming summit. No update has been provided on when the two leaders will meet again.
2019-10-31 15:30 | |
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CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), recently participated in an AMA on Twitter and addressed the recent regulatory developments regarding cryptocurrencies in China. When asked about his view on the matter, CZ responded simply — the more participation, the better.
2019-10-30 12:00 | |
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The Bitcoin price underwent a rapid increase on October 25. Measuring the rate of increase and time it took to transpire, it was the largest such increase since 2011 — when the volume in the markets was minimal.
2019-10-30 22:12 | |
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The Bitcoin price has pumped significantly following Chinese President Xi Jingping’s call for the country to become a global blockchain leader. However, there is more behind BTC’s pump than just that.
2019-10-26 20:52 | |
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China’s emerging social credit system (SCS): rarely has a topic been more hotly discussed, and more poorly understood. When most people think about the SCS, they imagine it primarily as a scoring mechanism, a way for the central government to rank China’s citizens and companies based on their behavior.
2019-10-15 16:55 | |
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Foldable phones feel like the future, but the path there isn’t easy – just ask Samsung. That phone’s early woes almost certainly influenced Huawei to delay the release of its own foldable device.
2019-10-15 23:39 | |
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China’s firm grasp on personal and corporate data is set to become even more stringent, as the government is set to extend its control over foreign entities. The Chinese government has been working for several years on a comprehensive internet security and surveillance program.
2019-10-13 19:10 | |
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Typically, when fans and social media are being highly critical of a professional sports league, at the center of the discussion is usually the NFL. But not this time. This time, the recipient of all the backlash is the socially aware NBA.
2019-10-8 11:29 | |
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The NBA is in a real pickle. After developing a strong reputation for political integrity and social awareness, they’re having a hard time sticking to their ideals when the money is on the table.
2019-10-8 22:04 | |
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U. S. stocks declined sharply on Friday after The Wall Street Journal reported that President Trump was considering de-listing Chinese companies from domestic exchanges. In response to the widely-referenced report, the Treasury Department said that it was not considering de-listing Chinese stocks at this time.
2019-9-29 18:00 | |
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CEO and Founder of Morgan Creek Capital, Mark Yusko, recently appeared on CNBC’s Fast Money to discuss the possibilities of a deal between the U. S. and China, when they resume trade talks next month in Washington D.
2019-9-28 19:30 | |
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Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports.
2019-9-25 16:30 | |
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The mobile malware campaign targeting the Uyghur Muslim minority in China was also directed at senior members of Tibetan groups, according to new research. The details — disclosed by University of Toronto’s Citizen Lab and TechCrunch — reveal that the targets were sent specifically tailored malicious web links over WhatsApp, which, when opened, exploited browser vulnerabilities on iOS and Android devices to install spyware, and surreptitiously stole private and sensitive information.
2019-9-25 11:36 | |
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Coinspeaker Binance Invests Into Crypto-Data Website Mars Finance Pushing Its Valuation Past $200MFor Binance, Mars Finance is the first strategic investment in China since 2017, when Beijing banned digital coin trading and the exchange withdrew from this market.
2019-9-17 13:50 | |
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Bobby Lee, the co-founder of BTCC, China’s first cryptocurrency exchange, has a new startup called Ballet. The company ‘builds’ un-hackable Bitcoin and crypto wallets with no electronic parts, in a credit card-like form.
2019-9-13 21:30 | |
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Bitcoin reaches a record inverse relationship with China’s currency But it is not yet a macro asset In 2019, there were several instances that showed Bitcoin is becoming a hedge against the global issues.
2019-9-7 18:51 | |
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Coinspeaker Donald Trump Lied About Relations With China in Order to Pump U. S. StocksChina has confirmed President Donald Trump was lying when he said his people at the White House received phone calls from China offering to reopen stalled negotiations to end his trade war.
2019-8-30 11:52 | |
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By CCN Markets: Bitcoin bull and IRS fugitive John McAfee is shamelessly shilling a Chinese zombie cryptocurrency ICO — and he doesn't want to hear any lip about it. The hilarity erupted this morning (Aug.
2019-8-25 21:00 | |
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When we think of China’s progress in adopting cryptocurrencies, we think of a country implementing a blanket ban. We might be forced to think that they haven’t made much progress in the ecosystem, but Jeremy Allaire from Circle begs to differ.
2019-8-24 17:22 | |
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China introduces its own cryptocurrency right after posting positive guidance for Bitcoin, will it be more successful than Facebook Libra? India Bans Bitcoin (again). When can India learn from China’s earlier mistakes? Texas State Security Board issues guidance for bitcoin.
2019-8-12 18:33 | |
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For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore.
2019-8-12 15:32 | |
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“We may well be at the most dangerous financial moment since the 2009 Financial Crisis with current developments between the US and China,” said Lawrence Summers, former Secretary of the Treasury Monday.
2019-8-6 21:55 | |
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When the bitcoin price smashed through $11,000 overnight and set its sights firmly on the $12,000 mark, analysts almost uniformly pointed to China’s stunning decision to defy the Trump administration and devalue the yuan as the catalyst.
2019-8-6 22:56 | |
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Last week, U. S President Donald Trump announced additional tariffs for Chinese goods coming into the U. S. This announcement sparked an overnight surge for Bitcoin, giving back the bulls the momentum they much needed.
2019-8-5 18:52 | |
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Public schools across the US continue to spend millions implementing AI-powered surveillance solutions alleged to prevent or mitigate violence. The only problem: most of them don’t work. US schools now rival China’s when it comes to ubiquitous surveillance, yet our students remain at the highest risk for violence among developed nations.
2019-7-24 01:18 | |
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China has emerged as a perhaps surprising leader when it comes to public interest in Facebook's Libra cryptocurrency project.
2019-7-18 13:00 | |
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Facebook certainly rattled some cages when it announced its own cryptocurrency last month. A number of nations including Russia and China have expressed concern over the rising dominance of US tech and internet giants, especially if they’re aiming to manipulate finances as they currently do with data.
2019-7-9 12:00 | |
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The widely-publicized trade war with China, in which some imports are being slapped with tariffs of 25 percent, has grabbed the headlines. The Tariff End-Run! Yet when trade war tariffs are imposed on countries, those countries don’t just sit around and take it.
2019-7-4 10:31 | |
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China appears to be head and shoulders above the rest of the world when it comes to new ways of processing financial transactions. Digital payments are booming in the hybrid communist-capitalist country, so much so that facial recognition payments are already a thing: The new way to pay in China.
2019-6-30 20:35 | |
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Bitcoin, at press time, was trading at $12,100. Less than 3 months ago, Bitcoin was still hovering around the $4,100 mark. All of that changed on April 2, when the price of Bitcoin pumped by 23% in a day, taking the price of Bitcoin from $4,100 to $5,080.
2019-6-27 17:30 | |
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The much anticipated annual internet statistics and trends report from Mary Meeker is here. The noted venture capitalist published her 333-slide Internet Trends report Tuesday ahead of a presentation at Recode’s Code Conference in Scottsdale, Arizona.
2019-6-12 10:57 | |
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The much anticipated annual internet statistics and trends report from Mary Meeker is here. The noted venture capitalist published her 333-slide Internet Trends report Tuesday ahead of a presentation at Recode’s Code Conference in Scottsdale, Arizona.
2019-6-12 10:57 | |
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Last week when Bitcoin hit its year high of $8,300, this coincided with an announcement by the U. S president, Donald Trump, imposing new tariffs on $200 billion of Chinese goods from 10% to 25%. The announcement has since seen China respond by increasing tariffs of U.
2019-5-22 14:23 | |
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This article was originally published by 8btc and written by Lylian Teng. Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was removed shortly after its installation.
2019-5-21 19:11 | |
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Bitcoin Has Gone Ahead To Jump 30% While Dow Jones Slowly Declines At the closing of Friday, the Dow Jones was able to recover some of its losses, one that has been experiencing a very rocky week because of the current trump war between China and the U.S. But when we look at Bitcoin, the […]
2019-5-13 19:09 | |
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VeChain (VET) is arguably one of the hottest projects in crypto right now in terms of partnerships and potential… The post VeChain Will Be Hard To Stop When PwC, Deloitte, BMW, And China’s Financial Insurance Giant Are Involved – A Sleeping Giant? appeared first on Invest In Blockchain.
2019-5-8 07:15 | |
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By CCN. com: In modern times, China has worked to consolidate state power over individuals. Local authorities are trialing systems to control peoples’ social standing, access to jobs, and even where they can go.
2019-5-7 15:53 | |
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Bitcoin (BTC) and other cryptocurrencies were affected a few hours ago when the U. S. President Donald J. Trump posted a tweet in which he said that they were increasing tariffs to China from 10% to 25%.
2019-5-7 03:34 | |
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By CCN: If you think the Dow Jones Industrial Average has had a good run, you haven’t seen anything yet. President Trump wants to see interest rates slashed by 1%, which has the potential to unleash further gains in an already historic bull market for stocks.
2019-5-1 23:29 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
2019-4-27 21:31 | |
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BitMEX CEO, Arthur Hayes, said in an interview on the Venture Coinist podcast that India and China may be… The post China and India Might Be The First To Ban Cash and This Is When Bitcoin Really Clicks in People’s Minds, Says Bitmex CEO appeared first on Invest In Blockchain.
2019-4-26 12:22 | |
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The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
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In less than a month, one of the most significant decisions impacting the price of Bitcoin will be revealed when China’s mining ban proposal returns after public consultation. With the source of a majority of Bitcoin’s hashpower being nipped in the bud, many analysts predict this could have grave implications on the larger market.
2019-4-22 16:30 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to approve spot Bitcoin ETFs — the correlation between CME futures […] The post Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end appeared first on CryptoSlate.
Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16. Warren asserted that the bulletin, which applies to companies that deal with crypto, is designed to provide accounting guidance.
Oklahoma has become the first US state to legally protect the right to self-custody Bitcoin after passing a new bill. The newly signed legislation ensures that residents can hold, control, and use digital assets without state interference.
Quick Take Bitcoin went above the $67,000 mark, nearly hitting $67,500 — its highest level since April 13. The remarkable rally has triggered a wave of liquidations within the digital asset ecosystem over the past 24 hours.
Turkey and India advanced crypto policies on May 16 that could create a framework for businesses and investors operating in each country. Reuters reported that the Securities and Exchange Board of India (SEBI) wants multiple regulators to oversee crypto trading in the country.
The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16. In all, 60 Senators voted in favor of HJ Res. 109, a resolution to overturn the bulletin, while 38 Senators voted against it.
US lawmaker Wiley Nickel has urged the Gary Gensler-led Securities and Exchange Commission (SEC) to repeal the Staff Accounting Bulletin 121 (SAB 121) before the impending Senate vote. SAB 121 requires financial institutions custodying crypto to hold these assets on their balance sheets.