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Weibo accounts of three major crypto trading exchanges suspended

Chinese Twitter-lookalike and the largest micro-blogging social media site Weibo, has suspended the official accounts of three major crypto exchanges, Binance, Huobi, and OKEx. According to a report by the local media outlet, the Global Times, the crypto community on Weibo started to notice on Thursday morning that the three accounts were inaccessible. A notice […] дальше »

2021-3-12 11:45


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Huobi Plans Takeover of Major Japanese and South Korean Crypto Exchanges

Huobi, China’s largest crypto trading desk Huobi is reportedly pursuing an aggressive globalization agenda that involves the acquisition of major crypto exchanges across Asia. Huobi Eyes bitFlyer and Bithumb Acquisition According to an exclusive report by Chinese crypto news source @WuBlockchain, Huobi is set to purchase major Asian crypto exchanges bitFlyer and Bithumb. дальше »

2020-11-18 00:00


China State-Owned Media Covers Crypto as 2020’s Best Performing Assets Driven by DeFi & Weak Dollar

In an unusual coordinated report on Friday, several Chinese state-owned media covered cryptocurrencies, calling them the best-performing assets of 2020. The country’s top broadcaster, China Central Television (CCTV), ran a three-minute-long news clip, highlighting crypto assets rallying 70% this year. дальше »

2020-9-27 17:33


Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving 

Canaan Inc, a leading Chinese Bitcoin mining hardware manufacturer published its unaudited second quarter (2020) financial results. As per the report, the company’s gross profit increased year over The post Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving  appeared first on AMBCrypto. дальше »

2020-9-1 01:11


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China’s First Civil Code Allows Citizens to Inherit Cryptocurrency

The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies. Crypto Inheritance Now Allowed in China In a report by local news outlet Xinhua News on Thursday (May 28, 2020), the adoption of China’s first Civil Code was made during the third sittingRead MoreRead More. дальше »

2020-5-29 15:14


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Bitcoin Mining Stock Surges as Chinese Economy Falters

The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market movements, bitcoin mining stock is rising. Bitcoin Mining Stock Surges According to a report from local media outlet 8BTC bitcoin mining hardware giant Canaan has seen its stock prices rally in recent weeks. дальше »

2020-2-14 11:00


$11.4 Billion in Crypto-Based Transactions Flowed Out of China in 2019 Despite Ban: Report

Chinese President Xi Jinping’s call for blockchain adoption really has everyone optimistic that the Chinese central government might also look to regulate crypto trading. However, those hopes came crashing down as the news of the crackdown on crypto service providers in China followed just a few days after the President’s much-talked Blockchain adoption speech. Peckshield, […] дальше »

2020-1-13 17:48