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China’s Crackdown Hits Ethereum Hard As Authorities Shut Down Over 10,000 Mining Rigs

Ethereum is the most recent asset caught in the path of the bulldozing machine that is China’s crackdown on crypto and crypto-related activities. When the country had begun to crackdown on mining earlier in the year, much focus had been placed on bitcoin given that it was the most popular cryptocurrency in the market. And […] дальше »

2021-9-29 02:00


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New York Judge Axes Crypto Trading Platform Coinseed Over Dogecoin Malpractice

The Attorney General of New York, Letitia James, on Tuesday ordered the shut down of the crypto exchange platform, Coinseed over several reports of fraud and investors’ rights abuse. Specifically, Coinseed engaged in the unlawful conversion of crypto assets deposited on its exchange platform to Dogecoin without the permission of the owners.  Coinseed first came […] дальше »

2021-9-15 14:17


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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities. дальше »

2021-7-7 06:30


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Why China’s Oldest Crypto Exchange Has Shut Down Its Bitcoin Business

BTCChina, one of China’s oldest crypto exchanges, has reportedly exited the bitcoin business for good in response to the government’s recent crackdowns on the cryptocurrency industry.  BTCChina Pulls The Plug On Bitcoin Business Amid Government’s Anti-Crypto Crackdowns According to a report by the South China Morning Post on Thursday, BTCChina has completely ditched the bitcoin […] дальше »

2021-6-29 19:31


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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market

Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »

2021-6-23 12:54