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Bitcoin mining fully recovers from Chinese ban after mining hashrate hits all-time high
China announced a ban on cryptocurrencies earlier this year, which caused a major disruption to Bitcoin mining activities. Mining firms in China were forced to shut down, which prompted them to seek overseas locations to establish new mining facilities. дальше »
2021-12-12 18:47 | |
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Billionaire investor signals disdain for Bitcoin while admitting admiration for China’s ban
Speaking virtually at the Sohn Conference in Sydney on Friday, Charlie Munger when asked for his opinion on China and its ban he agreed with the policy of the nation, praising the Chinese government for its action. дальше »
2021-12-5 13:00 | |
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Russia’s Putin Still Thinks Cryptocurrencies Are A Big Risk, Calls For Increased Monitoring
Russia’s President still eyes cryptocurrencies with skepticism despite the increasing number of users in the country. Putin says they are not backed by anything and should be closely monitored. Russia has risen to become one of the leading countries for cryptocurrency mining following the Chinese mining purge. дальше »
2021-12-2 17:46 | |
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Huobi chooses Singapore as its Southeast Asia base, but cannot cater to local customers
One of the largest names in the Chinese crypto businesses, Huobi Group has now decided to choose Singapore as its regional headquarters. As per co-founder Du Jun, the group will also have another regiThe post Huobi chooses Singapore as its Southeast Asia base, but cannot cater to local customers appeared first on AMBCrypto. дальше »
2021-11-30 20:30 | |
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China regulators ask DiDi Global to delist from New York Stock Exchange
China's regulatory stance has been getting more stringent, post the blanket ban on cryptocurrency. The Chinese government had initially unveiled a five-year plan outlining tighter regulation of much oThe post China regulators ask DiDi Global to delist from New York Stock Exchange appeared first on AMBCrypto. дальше »
2021-11-26 12:02 | |
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How Chinese Cryptocurrency Crackdown Could Be A Blessing For This Neighbouring Country
Laos, a small neighboring country to the South of China, and sandwiched between Vietnam, Thailand, and Cambodia is preparing to reap from the losses incurred by China’s extended crypto crackdown. дальше »
2021-11-20 20:36 | |
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Govt alarms of telecom fraud using the digital yuan in China
The Chinese Xiongan New District alarmed of telecom fraud using the digital yuan, a digital currency the Chinese Central Bank started issuing recently, CoinDesk reports. The local government and branch of the People’s Bank of China signed a notice on Thursday, Nov. дальше »
2021-11-21 16:12 | |
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Crypto Mining Operations Establish a Foothold in North America
The Chinese government’s crackdown on crypto mining continues. According to a report by CNN, the Chinese authorities are ramping up atheir crackdown on crypto mining,... дальше »
2021-11-19 19:13 | |
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Chinese Communist Party Ousts Top Official For Allowing Cryptocurrency Mining
China’s Communist Party has ousted one of its top officials for reportedly turning a blind eye to cryptocurrency mining activities. China Sends Yet Another Stern Message That Crypto Mining Is Illegal Per the announcement, Xiao Yi was also the vice-chairman of the Jiangxi Provincial CPP Consultative Conference, besides being a party member of the Communist […] дальше »
2021-11-17 22:39 | |
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Chinese Politician Expelled Following Promotion of Crypto Mining
Xiao Yi, an official of the Chinese Political Party, has been called out for alleged abuse of power. Xiao Yi, a former vice-chairman of Jiangxi provincial committee of Chinese People’s Political Consultative Conference has allegedly abused his power to lend credence to cryptocurrency mining activities, against the government ban on all mining activity. дальше »
2021-11-13 17:17 | |
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Chinese provincial official expelled for violating crypto mining ban
A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of “two maintenance,” which relates to the notion of firmly maintaining the authority of the party. дальше »
2021-11-14 10:06 | |
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JD.com starts accepting China’s CBDC for payment on Singles Day
JD. com, an e-commerce giant, has started accepting China’s CBDC as payment on its platform during Singles’ Day, an unofficial Chinese holiday and shopping season. Although the digital renminbi (e-CNY) has not yet launched nationwide, JD. дальше »
2021-11-12 14:46 | |
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Huobi Global adds Singapore to its 'restricted jurisdictions' list
After the Chinese government's crackdown on crypto-transactions, Huobi might have thought it will find home again in Singapore. However, an announcement from the crypto-exchange has made it clear thatThe post Huobi Global adds Singapore to its 'restricted jurisdictions' list appeared first on AMBCrypto. дальше »
2021-11-10 10:30 | |
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Crypto Assets Worth $60 Million Seized By Chinese Police In Filecoin Ponzi Scheme Case
Local police from the Fengxian district country Bureau in Shanghai China have arrested 31 people for alleged illegal pyramid schemes. During the crackdown, police seized over 400 million yuan ($62. дальше »
2021-11-7 19:35 | |
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Green Shiba Inu to Partner with the Bezos Earth Fund to Bolster its GoGreen Campaign
The growth of the digital currency ecosystem was almost stumped in the second quarter of the year when the environmental impacts of cryptocurrency-related activities were brought to the fore. From Elon Musk to the Chinese government who banned Bitcoin mining on its shores, one thing is clear, and it is to reaffirm that despite theRead More дальше »
2021-11-6 15:00 | |
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140 Million People Opened ‘Wallets’ for China’s Digital Yuan and Used it for Transactions Worth $9.7B
While 1.55 million merchants, so far, can accept payments in e-CNY, Chinese police cracked the first case of e-CNY used to launder money. The post 140 Million People Opened ‘Wallets’ for China’s Digital Yuan and Used it for Transactions Worth .7B first appeared on BitcoinExchangeGuide. дальше »
2021-11-4 20:28 | |
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China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan
The Chinese government may want to reconsider the security of its central bank digital currency [CBDC] in the backdrop of Xinmi police's crackdown on the first-ever case of money laundering using the The post China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan appeared first on AMBCrypto. дальше »
2021-11-4 20:00 | |
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What Elon Musk’s Ancient Chinese Poem Could Mean For Shiba Inu And Dogecoin
Key takeaways Elon Musk’s tweet of an ancient Chinese poem is being interpreted as a reference to DOGE and SHIB. The tweet could however be about several other issues. A Twitter post by billionaire CEO of Tesla and SpaceX, Elon Musk, has sparked a conversation on crypto-twitter about what it could mean. Today, Musk posted […] дальше »
2021-11-3 22:05 | |
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Increased Mining Operations in Kazakhstan Causing Power Deficit
As Chinese miners migrate to Kazakhstan, this poses capacity challenges to the Kazakhstan grid, which could be supplemented by the Kremlin’s state-owned utility Inter RAO in the near future The post Increased Mining Operations in Kazakhstan Causing Power Deficit appeared first on BeInCrypto. дальше »
2021-10-31 15:23 | |
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China's NDRC now seeking public opinion on its Bitcoin mining crackdown
The Chinese government's Bitcoin mining crackdown, imposed earlier this May, led to the cryptocurrency crashing to levels it only recovered from earlier this week. Prior to the crackdown, China had beThe post China's NDRC now seeking public opinion on its Bitcoin mining crackdown appeared first on AMBCrypto. дальше »
2021-10-21 19:00 | |
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Russia considers using oil field by-products for 'hybrid modules' of Bitcoin mining
The exodus of Bitcoin miners from Chinese mining hotbeds has left a vacuum that many global players are scrambling to fill. It was recently noted that most of the lost hash power has been restored, thThe post Russia considers using oil field by-products for 'hybrid modules' of Bitcoin mining appeared first on AMBCrypto. дальше »
2021-10-21 21:30 | |
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From Grace To Grass: Chinese Bitcoin Hashrate Drops To Zero
For nearly a decade, China had dominated the Bitcoin mining scene and contributed as high as 75% of global mining hash rates. Chinese Bitcoin hash rates have fallen to zero following a heightened crackdown from the country’s regulatory agencies. дальше »
2021-10-17 16:23 | |
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BTC.com Withdraws from China, AntPool Suspends IP Access, & Tencent Bans 1,000 WeChat Accounts
Bitcoin mining pool BTC. com announced on Friday that it is withdrawing from the Chinese market on October 15, 2021. It would no longer provide its mining services to users in mainland China to “comply with the latest regulatory policy requirements of the Chinese government. дальше »
2021-10-15 17:15 | |
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Crypto Miner Tariffs Proposed by Russian Minister of Energy Following Chinese Migration
Due to the recent bans on crypto mining in China, many have picked up shop and moved to Russia. This has caused significant power issues in those regions. The post Crypto Miner Tariffs Proposed by Russian Minister of Energy Following Chinese Migration appeared first on BeInCrypto. дальше »
2021-10-15 06:37 | |
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Paying Government Employees in Bitcoin is ‘Major Priority’, Says Miami Mayor
Between opening its doors to Chinese cryptocurrency miners, hosting several conferences, and starting a new cryptocurrency, Miami has become a hub for crypto in the USA. The post Paying Government Employees in Bitcoin is ‘Major Priority’, Says Miami Mayor appeared first on BeInCrypto. дальше »
2021-10-15 21:30 | |
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Monetary Policy, Real Estate Challenges to China’s Yuan
The Chinese yuan has gained in value against the U.S. dollar since the pandemic broke out, but could face challenges going forward. дальше »
2021-10-31 13:00 | |
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Bitmain To Stop Shipping Antminer Mining Machines To Mainland China
Bitcoin mining hardware manufacturer, Bitmain has halted the supply of mining equipment to mainland China. This decision is a result of the Chinese government’s regulations against cryptocurrencies and allied activities. дальше »
2021-10-13 22:48 | |
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