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$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China

A Chinese court has confirmed the sentencing of the masterminds behind the 7. 7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four convicts involved in the billion-dollar Ponzi scheme Wotoken on Tuesday, several local […] The post $1. дальше »

2020-11-1 20:30


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This Prominent Financial Author Thinks All National Currencies Will Be Pegged To Bitcoin

Bitcoin has faced so many hitches in the short time it has existed. Countries like China and Russia have imposed draconian laws that prohibit the use of the cryptocurrency. As if that weren’t enough, renowned economists and corporations have come out criticizing bitcoin and its ability to thrive in the future. Moreover, most investors across […] дальше »

2020-9-29 23:42


How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto

The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »

2020-8-8 06:00


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Tensions are Rising Again Between the US and China; Will This Boost Bitcoin?

The US and China are once again seeing heightened tensions amidst a new push by the Chinese government to grab power within Hong Kong The Chinese President is now noting that he feels “threatened” by comments made by the US President, and it does appear that these tensions could soon escalate further This comes as investors are largely fleeing assets that could be impacted by further economic turmoil Bitcoin could be the big winner of […] дальше »

2020-5-23 21:00


Bitcoin Rally Driven By Eager Chinese Buyers, Key Data Shows

New data based on the delta between Chinese buyers and derivatives markets in Bitcoin markets suggests that much of the recent rally has been driven by crypto investors in China. But why are Chinese buyers dominating Bitcoin interest, and what is sparking the unusual phenomenon? Indicator Shows Chinese Buyers Are Dominating Derivatives Bitcoin price may... дальше »

2020-5-22 23:00


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What’s happening with crypto in China? 3 things investors should consider

It has been over two years since the People’s Bank of China (PBoC) effectively banned crypto exchanges and trading. Yet, China remains a key topic in the crypto space in 2020. Three important aspects of China’s crypto sphere investors have to consider are: the prosperous local bitcoin mining industry, rapidly growing blockchain development, and the […] The post What’s happening with crypto in China? 3 things investors should consider appeared first on CryptoSlate. дальше »

2020-1-14 00:00


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China Targets OTC Trading Channels as Crypto Clampdown Rages On

The Chinese government is taking its regulatory hammering one step further by closing down unofficial Weibo channels that facilitate OTC trading between retail investors. According to Bloomberg, many Chinese investors held their money on exchanges such as Binance, OKEx, and Bitsoda and stand to potentially lose their holdings depending on regulation, November 27, 2019. дальше »

2019-11-28 14:00


European Union Launches New Blockchain and AI Fund To Avoid Falling Behind US And China

The European Union (EU) and its commission have set up a new fund that will be dedicated to providing capital for artificial intelligence (AI) and blockchain projects in the region. According to the reports, the EU donated around $100 million EUR to the fund and private investors are expected to bring up at least $300 […] дальше »

2019-11-22 21:51


China: PBoC's Shanghai office warns investors against mixing blockchain with crypto

Since Chinese President Xi Jinping vocally announced his support for blockchain last month, regulatory bodies and financial institutions across the country have been spurred into action, with many nowThe post China: PBoC's Shanghai office warns investors against mixing blockchain with crypto appeared first on AMBCrypto. дальше »

2019-11-22 13:26