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Bitcoin’s value proposition bolstered as China sees sudden bank run

For much of Bitcoin’s 11-year lifespan, it has been laughed off as nothing more than an experiment— a worthless form of “magical internet money” for those on the fringe. But, according to a number of industry commentators, the cryptocurrency’s value proposition was just bolstered with news that a Chinese bank has been subject to what […] The post Bitcoin’s value proposition bolstered as China sees sudden bank run appeared first on CryptoSlate. дальше »

2019-11-3 01:57


Guangzhou, China Introduces 1 Billion Yuan Fund to Accelerate Blockchain Development

Guangzhou state government launches a 1 billion yuan fund, approx. $140 million USD, to boost blockchain innovations in the state. Guangzhou Huangpu District and Guangzhou Development Zone, who make up strategic technological decisions came up with the “Detailed Rules for Implementing Several Measures for Accelerating Blockchain Industry Leading Change”. Guangzhou’s $140 million fund to accelerate […] дальше »

2019-10-31 00:41


Chinese President Xi Jinping Is Serious About Blockchain; Over 500 Projects Have Already Launched

President Xi Jinping made waves in the blockchain industry with his recent announcement that China was seeking to research this fintech. Now, there are already multiple enterprise blockchain projects in the works, and 506 identities have already been recorded by the Cyberspace Administration of China. дальше »

2019-10-28 15:44


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Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining

A long-time Bitcoin bull with around $2.3 billion in net worth, Peter Thiel, is a good ally to have on your side if you plan on challenging China’s dominance in the global BTC mining industry. On that count, San Francisco-based Layer1 has scored a big win by raking in millions in funding from Thiel — […] The post Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining appeared first on BeInCrypto. дальше »

2019-10-22 07:43


People’s Bank of China’s stablecoin may make Bitcoin’s case stronger, claims Longhash’s Emily Parker

Emily Parker, Co-founder of Longhash, was the latest guest on the Unchained podcast with Laura Shin today, and spoke about the cryptocurrency industry in China. During the interview, she talked about her interest in the Chinese cryptocurrency industry and that while there is purportedly a lot of transparent data on the blockchain, it isn’t necessarily […] The post People’s Bank of China’s stablecoin may make Bitcoin’s case stronger, claims Longhash’s Emily Parker appeared first on AMBCrypto. дальше »

2019-10-2 20:30