Mammoth BTC Whale: The Chinese Government Holds More Bitcoin Than Michael Saylor’s MicroStrategy

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Chinese researchers propose digital currency to rival U.S. dollar

Researchers from the Institute of World Economics and Politics under the Chinese Academy of Social Sciences have proposed a bold plan to combat the U.S. Dollar’s influence in their part of the worldThe post Chinese researchers propose digital currency to rival U.S. dollar appeared first on AMBCrypto.

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'Decentralization Under Centralization': How Chinese Universities Teach Blockchain

President Xi wants China to be the world’s leader in blockchain technology but has banned its most popular uses. Students and faculty wonder whether universities can successfully teach blockchain with Chinese characteristics, and if graduates can find jobs.

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Binance CEO Hits Back At Accusers Crypto Exchange Is A Chinese Company

Binance CEO Changpeng Zhao can only clap back at his accusers that his company is a Chinese “criminal entity. ” With approximately 28. 6 million members on its platform, the firm is one of the world’s largest crypto exchanges.

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Hong Kong University To Build World’s 1st Metaverse School

The Hong Kong University of Science and Technology announced Friday its intention to build the world’s first physical digital twin school buildings in the virtual realm, as HKUST joins the bandwagon of the next digital wave to improve learning experiences at its two campuses in Hong Kong and the Chinese city of Guangzhou. The metaverse […]

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First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day

The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000.

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Bithumb Review 2022 – Legit Place To Buy Bitcoins?

Non-western exchanges are somewhat of a taboo topic in the world of cryptocurrency. The fall of the Japanese-based Mt. Gox and the recent clampdowns on crypto-trading by Chinese, Indian and Korean governments made the average user think twice before doing his business outside of USA/Europe.

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Chinese metaverse to look different than the rest of the world's

Chinese search provider Baidu had announced a self-developed metaverse last year in December. The year when China took a policy decision to curb all private crypto activities from the country by taggiThe post Chinese metaverse to look different than the rest of the world's appeared first on AMBCrypto.

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LBank wishes lunar new year via Nasdaq billboard on Times Square

On 1st February 2022, LBank Exchange promoted the wishes to the world through Times Square NYC - Nasdaq Billboard, for the celebration of the Chinese lunar New Year. Times Square New York is a major cThe post LBank wishes lunar new year via Nasdaq billboard on Times Square appeared first on AMBCrypto.

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LBank Exchange Wishes Lunar New Year Via Nasdaq Billboard In Times Square, New York

Nasdaq Billboard in Times Square NYC Wishes Lunar New Year to Major Exchange LBank For the occasion of the Chinese lunar New Year, LBank Exchange disseminated the wishes to the world through Times Square NYC – Nasdaq Billboard on February 1, 2022.

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Celebrating Lunar New Year with Polychain Monsters

Lunar New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. It’s a popular event held in many Asian countries throughout the world. As you might know, Lunar New Year is quickly approaching.

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Despite Crackdown, Bitcoin Mining Is Still Alive And Well In China

The bitcoin mining crackdown was one of the major moves by a government that rocked the crypto space. The crackdown saw the mass exodus of bitcoin miners out of the presumed mining capital of the world as the Chinese government ramped up its efforts to push the miners out.

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China Is Mining Bitcoin Underground: Report

About 20% of the world’s bitcoin miners are estimated to still operate from Chinese soil.

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Bitcoin and Europe Look on as US and China Intensify Financial Decoupling

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China Crypto Ban May Drive US to Embrace Crypto: Bloomberg’s Mike McGlone

One of Bloomberg's leading experts believes that the Chinese crypto ban may change the new digital world order in favor of the U.S.

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China: 4th Largest Ethereum Mining Pool to Shutter Its Operations Amid Rising Regulatory Concerns

Chinese regulatory crackdown on crypto continues to force crypto miners to leave the country for greener pastures elsewhere. BeePool Shutters Ethereum Mining Operations BeePool, a China-based Ethereum (ETH) mining pool that also holds the distinction of being the world’s 4th largest ETH mining pool in terms of hashrate recently announced it was shuttering its operationsRead More

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A Fast Growing NFT Buzz Is Hitting China, But Will It Last?

Following a government widespread clampdown on cryptocurrencies, many Chinese have now turned to NFTs — another pea in the blockchain pod— as a new form of digital investment. Non-fungible Tokens (NFTs) have since become the new catch for investors in the world’s most populous nation, as many continue to find it increasingly difficult to access […]

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With Alibaba’s NFT Push, More Investors Will Be Exploring Ways to Leverage Their NFTs

Chinese e-commerce behemoth Alibaba has surprised the crypto world by launching a non-fungible token marketplace. According to the South China Morning Post, Alibaba’s NFT marketplace not only allows users to buy and sell NFTs, but also license intellectual property (IP) copyrighted by blockchain technology.

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Chinese Mining Facilities Face Shutdown as Texas Continues to Impress

All mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces have been shut down. China has long accommodated over half the world’s bitcoin miners, but now, Beijing wants them out ASAP.

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MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle

The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […]

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Full Aggregation Protocol OpenOcean Launches Multi-Language Support – Chinese, Japanese, Spanish, and Russian

May 21, 2021 — OpenOcean, the world’s first DeFi & CeFi full aggregator, is expanding its coverage of global markets by providing support for some of the largest languages by number of speakers and crypto users.

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One of the biggest Bitcoin miners says Ethereum will soon cross $5,000

The owner of one of the world’s biggest mining pools says Ethereum (ETH) could reach the $5,000 to $6,000 range this bull run, as per Chinese news outlet Wu Blockchain. The post One of the biggest Bitcoin miners says Ethereum will soon cross $5,000 appeared first on CryptoSlate.

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Filecoin Rises on Interconnects and Chinese Interest

Filecoin announced on March 27 that its miners and Livepeer miners could now co-mine. The mining connection is rare in the cryptocurrency world, with Dogecoin and Livecoin being the best known combination.

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BitMax Relaunches as AscendEx

March 22, 2021 / Singapore / – BitMax. io, a leading crypto and digital asset trading platform serving professional and retail traders, announced today that it has relaunched as AscendEx in the English-speaking world, and “Dingfeng” to Chinese speakers.

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BitMax Relaunches as AscendEx

March 22, 2021 / Singapore / – BitMax. io, a leading crypto and digital asset trading platform serving professional and retail traders, announced today that it has relaunched as AscendEx in the English-speaking world, and “Dingfeng” to Chinese speakers.

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Chinese holding firm Ping An overtakes Tencent in blockchain patents race

Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most-cited developer of patents in the industry.

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500.com acquires mining pool BTC.com from Jihan Wu

Chinese sports lottery service provider 500. com has acquired mining pool BTC. com, according to a press release from the company. BTC. com is one of the world's largest Bitcoin mining pools, with theThe post 500.

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Chinese state TV covers Bitcoin pushing 20% above $20,000

Finally, the world’s eyes are on Bitcoin.

The post Chinese state TV covers Bitcoin pushing 20% above $20,000 appeared first on CryptoSlate.

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Bithumb Review 2021 – Legit Place To Buy Bitcoins?

Non-western exchanges are somewhat of a taboo topic in the world of cryptocurrency. The fall of the Japanese-based Mt. Gox and the recent clampdowns on crypto-trading by Chinese, Indian and Korean governments made the average user think twice before doing his business outside of USA/Europe.

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Huobi Exchange Review: How Does the Seychelles-Based Exchange Stack Up?

Meaning “currency” in Mandarin Chinese, Huobi consistently ranks as one of the world’s top ten largest exchanges by trade volume. In this article, we look at everything you need to know as a potential Huobi user.

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OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away

Bitcoiners on social media have panned remarks by acting U. S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power.

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China Should Seize the ‘First Mover’ Advantages of Launching A CBDC: PBoC

China should aim at becoming the first country to issue digital currency as part of its efforts to internationalize the yuan and lessen its over-dependence on the world’s dollar-dominated payment system, the People’s Bank of China (Chinese central bank) said.

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US Charges 3 With Vast ‘Crypto Jacking’ Computer Fraud Scheme

The officers of Chinese "white hat" firm Chengdu 404 allegedly hit computer networks around the world.

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Bitmain Pushing for New Mining Machines But Customers aren’t Eager to Indulge

The latest in the Bitmain drama is Zhan Ketuan (Micree Zhan), now selling the world’s first 5nm mining machine to Chinese miners, according to local media channel WuBlockchain. These new machines will be reportedly shipped in January next year, but bitcoin miners aren’t really keen on buying them.

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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News.

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Financial Author Thinks Bitcoin Is “Likely” To Become the World Reserve Currency

Bitcoin has faced down many setbacks over recent years. BTC trading has been banned by the Chinese government. Executives from Goldman Sachs and other institutions have come out against the cryptocurrency.

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Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies.

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Media: China accelerates digital currency project due to COVID-19 and US rivalry

Chinese authorities plan to launch the state digital currency ahead of schedule to stimulate the economy amid toughening confrontation with the United States due to the spread of the coronavirus COVID-19 in the world.

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Report Claims That Another “Mega-Sized” Chinese Crypto Ponzi Scheme has Emerged

In 2019 the world was captivated by news of a Chinese-based crypto Ponzi scheme called PlusToken. The ringleaders of this scheme defrauded unsuspecting investors out of billions of dollars’ worth of crypto.

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Cambridge Study Shines Light on Chinese Bitcoin Mining Distribution

The Cambridge Centre for Alternative Finance has released a tool that shows the distribution of Bitcoin hashing power around the world. Whilst the data is far from perfect, it provides a clearer picture than ever into where the largest concentrations of mining operations are in both China and the rest of the planet.

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China’s Tencent Begins Blockchain Accelerator Program 

Tencent, a leading Chinese technology giant that doubles as the world’s largest video game company have announced the launch of its blockchain accelerator program. Tencent says it plans to mentor 30 companies in three major areas of distributed ledger technology (DLT), including finance, logistics, supply chain, and more, according to a press release on AprilRead MoreRead More.

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Changpeng Zhao Attributes The Recent DDoS Attacks On Binance To ‘Self-Perceived Competitors’

Earlier today, the world’s largest exchange by volume, Binance, experienced downtime and network interruption. Binance CEO Changpeng Zhao later confirmed that the exchange had actually been targeted by a number of denial-of-service attacks (DDoS), particularly on its Chinese domains.

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Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower

A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity.

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Chinese Hackers go About Their Business Regardless of the Coronavirus Crisis

Even though the coronavirus wreaks havoc globally, some things will never change. More specifically, hackers in China are still going about their business as if nothing else goes on in the world.

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The Monsoons Are Just Round The Corner But Bitcoin Miners in China Aren’t Gearing Up

China is the Bitcoin mining capital of the world primarily because of the availability of clean hydroelectricity in abundance at an affordable price. This is the primary reason Chinese Bitcoin mining farms are responsible for over 60% of Bitcoin mining.

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A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper

The Industrial and Commercial Bank of China is the world’s largest lender by assets, and they’ve just released a crypto white paper

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Microbt Reveals Two Next-Generation Mining Rigs With Speeds Up to 112 Terahash

Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s).

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WHO Accuses China of Not Sharing Data on Chloroquine Studies

The World Health Organization (WHO) has implicitly blamed China for not recommending chloroquine to treat patients. “WHO is engaging with Chinese colleagues at the mission in Geneva and have received.

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China Infiltrated Western Healthcare Echelons Growing Evidence Indicates

Just days after Wuhan was quarantined, news broke of an astonishing development in the world of science in general, and medicine in particular. “U. S. Accuses Harvard Scientist of Concealing Chinese.

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