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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-27 21:20 | |
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Hong Kong: BitMEX and Wine Retailer May Purchase Stake in Japanese Cryptocurrency Exchange
Madison Holdings Group, a Hong Kong Exchange (HKEX)-listed French wine trading company, is planning to acquire a stake in Japanese cryptocurrency exchange BitOcean in partnership with crypto-derivative trading platform BitMEX, reported South China Morning Post on December 26, 2018. дальше »
2018-12-27 04:00 | |
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Layoffs Underway Amid ‘Adjustments,’ Bitcoin Miner Bitmain Confirms
Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. дальше »
2018-12-25 19:00 | |
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Bitcoin Mining Company Bitmain Faces IPO Regulatory Issues
Bitmain, the world’s leading ASIC manufacturer is facing major headwinds in its attempt to launch an Initial Public Offering. According to a report published by the South China Morning Post,… The post Bitcoin Mining Company Bitmain Faces IPO Regulatory Issues appeared first on CoinCentral. дальше »
2018-12-25 21:38 | |
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Facebook May Launch a Stablecoin to Target India’s $69 Billion Remittance Market
Cryptocurrency’s first killer application may be well on its way from the rosters of Facebook, a company ironically known for practices contrary to the ethos of decentralized currencies and blockchains, reported South China Morning Post on December 21, 2018. дальше »
2018-12-22 15:00 | |
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3 Reasons Why the Bitmain IPO Could Fall Through
The ASIC (Application Specific Integrated Circuit) chip manufacturer of Bitmain is a privately held company headquartered in Beijing, China. Founded by Jihan Wu and Micree Zhan in 2013, the firm has grown to become one of the biggest player in designing hardware for mining Bitcoin. дальше »
2018-12-18 19:56 | |
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Google reportedly shuts down its Chinese censored search project
Google has stopped developing its censored search engine for China, known as project Dragonfly. The tech giant was forced to shut down a data analysis system used for its development after members of the company’s privacy team objected to it, according to The Intercept. дальше »
2018-12-18 14:04 | |
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ELSOL Joins Forces with Mr. Koala to Fuel Chinese and South Korean Expansion Plans
ELSOL Company, a highly reputed brand publishing company in South Korea, has partnered with Mr. Koala, the O2O company owner who owns more than 400,000 shopping malls in China, to enable it spread its operations in the Asian region. дальше »
2018-12-17 14:59 | |
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Chinese Government-Backed Company to Launch Stablecoin by February
Grandshores Technology Group is a public company affiliated with a 10 billion yuan ($1. 5 billion) fund backed by the government of Hangzhou, the capital of China’s Zhejiang Province. It is known to be developing a new stablecoin, which is now expected to hit the market by February 2019. дальше »
2018-12-5 23:15 | |
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Yooya adopts Factom blockchain for video performance verification in China
CryptoNinjas FastForward Innovations Limited Company today announced that its investee company Yooya will adopt the Factom Harmony platform as their blockchain solution delivered through Wancloud, Factom’s re-seller in China. дальше »
2018-12-3 18:51 | |
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Blockchain Conference Moscow: results of Russian major crypto event
On November 20, the heart of the Russian Federation held the eighth Blockchain Conference. Its organizer is the Smile-Expo international company. The large-scale specialized conference brought together 40 speakers from seven countries, including Russia, Ukraine, Switzerland, Germany, and China. дальше »
2018-12-3 18:32 | |
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Huawei Cloud Launches its Blockchain Services Globally
After earning significant success in China, Huawei Cloud launched its Blockchain Services (BCS) globally earlier this month. Per a press release issued by the company on November 29, 2018, the service will help create, manage, and deploy blockchain applications economically on the company-run cloud. дальше »
2018-12-3 07:00 | |
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Report: Bitcoin Mining Doesn’t Fuel Climate Change, It Benefits the Global Economy
The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed. дальше »
2018-12-2 02:00 | |
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Apple reportedly bans 700+ apps from the App Store in China
Apple continues its crackdown on bogus iOS software in China as it removed 718 apps from the App Store earlier this week. Local reports suggest that the company removed these apps for issuing updates without Apple’s permission. дальше »
2018-11-30 08:42 | |
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AERGO Raises $30 Million From Investors, Set To Develop A First-of-Its-Kind Blockchain System
AERGO, a Samsung-backed startup partner has announced it has successfully raised $30 million from top investors, including Sequoia Capital China and GBIC to enable to build its end-to-end blockchain network. дальше »
2018-11-20 01:40 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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Cryptocurrency Exchange Huobi Creates a Communist Political Commitee
Huobi, the third largest cryptocurrency exchange platform by trading volume has set up a communist party committee; a moved dubbed as a “milestone” by the company founder, reports South China Morning Post, November 19, 2018. дальше »
2018-11-19 20:00 | |
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Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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Ripple’s cross-border technology possibly breaks into China while IOTA hangs out with bankers
Ripple’s cross-border technology breaks into China? Ripple recently saw an opening to offer its cross-border payment technological solutions in the land of the red dragon. The opening is a result of partnership between American Express, US-based payment company and LianLian Group, a Chinese third-party payment service provider. дальше »
2018-11-13 14:55 | |
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The OnePlus 6T’s gorgeous ‘Thunder Purple’ color is coming to North America and Europe
When OnePlus announced the OnePlus 6T, we were a little disappointed it only came in two colors – both sheens of black. But the company is known to announce new designs shortly after launch, and now it’s bringing a gorgeous ‘Thunder Purple‘ to North America and Europe. дальше »
2018-11-12 19:30 | |
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Ripple Penetrates China with xCurrent, Collaborating with AmEx and LianLian Group
Ripple has succeeded in clinching its priority target market, China, through the approval of LianLian’s joint venture American Express, to process card payments in China. China approved the operation of AmEx, making it the first American company to be given a direct access to the China e-commerce market. дальше »
2018-11-11 22:17 | |
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China debuts creepy AI that reads the news like a real(ish) anchor
Don’t adjust your TV set, that’s just a new computer-generated news anchor working out the bugs. Xinhua, a Chinese state-run media company, and Sogou, a Beijing-based search engine debuted a pair of AI news anchors this week at the World Internet Conference. дальше »
2018-11-9 03:47 | |
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China’s Ping An Insurance Eyes Blockchain and AI FinTech Healthcare Innovation with $15 Billion Investment
Ping An Insurance Is set to Invest about $15B In Fintech, Blockchain, And Health tech The $15B (RMS 100 billion) will be invested by the Chinese holding multinational Ping An Insurance in several developments and research technologies. дальше »
2018-11-9 00:02 | |
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Crypto exchange Bithumb launches payment service with e-commerce company Qoo10
On November 7, South Korea’s cryptocurrency exchange Bithumb announced it had partnered with Asian e-commerce giant Qoo10 to provide a cryptocurrency payment service. Qoo10 is a leading South Korean e-commerce company in pan-Asian markets such as Singapore, Hong Kong, China, and Indonesia. дальше »
2018-11-9 18:22 | |
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China has a new surveillance tool that identifies citizens by how they walk
Chinese authorities have begun deploying a new surveillance tool designed to identify people by how they walk, or the shapes of their body. Adding to the already staggering number of surveillance cameras — many of which use bleeding edge optics and facial recognition technologies — China is already using the tool on the streets in its two largest cities, Beijing and Shanghai. дальше »
2018-11-7 04:07 | |
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Chinese Court: Bitcoin Is Property and Protected by Law
A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value. дальше »
2018-11-7 04:00 | |
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BTCC Mining Pool to Shut Down Indefinitely “Due to Business Adjustments”
BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business adjustments. дальше »
2018-11-7 00:00 | |
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BTCC Announces the "Indefinite" Closure of Its Mining Pool
BTCC will be shutting down its mining pool by the end of the month. According to a recent notice made by the Hong Kong-based exchange, BTCC will deactivate its mining pool servers on November 15, 2018, and cease all operations entirely come November 30. дальше »
2018-11-7 21:29 | |
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Hong Kong Exchanges and Clearing Adopts Blockchain Technology
Hong Kong Exchanges and Clearing (HKEX), China’s publicly-traded holding company that claims to be one of the most extensive market operations in the world, is developing a distributed ledger technology (DLT) powered platform aimed at helping international investors trade mainland Chinese shares via the Hong Kong Stock Connect platform, reported Channel NewsAsia on October 30, 2018. дальше »
2018-11-2 06:00 | |
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Third Largest Online Retailer to Venture Into Blockchain Technology
Founded in 1998, the third largest internet company JD. com has announced it will be launching a blockchain research lab. The retailer is China’s largest internet company and ranked only behind Amazon and Google on the global scale. дальше »
2018-11-1 15:59 | |
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China’s Jingdong Group (JD.com) Retail Company Launches Blockchain Research Lab
Retail Company JD. com Launches Blockchain Research Lab Jingdong Group, also known as JD. com, is a large Chinese retail company that is looking into the viability of blockchain technology. To make its decision, the company partnered with two technology institutes to launch a research lab. дальше »
2018-10-31 22:50 | |
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China Seeks Public Feedback on Draft DLT Regulations
The Cyberspace Administration of China (CAC) has announced that it will accept public feedback through Nov. 2 on draft rules it recently published to regulate blockchain projects, but the proposed legislation has already drawn a mixed response from distributed ledger technology (DLT) analysts. дальше »
2018-10-30 15:15 | |
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Hands-on: Xiaomi’s Mi Mix 3 is a modern ode to the sliding phone
Xiaomi launched its spec-heavy phone the Mi Mix 3 last week in China. All its variants sport a stunning all-screen front fascia with a 93. 4 percent screen-to-body ratio. The company hid the selfie camera in a slider mechanism that pops out the top of the phone. дальше »
2018-10-30 13:20 | |
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Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M
In recent news regarding cryptocurrency exchanges, a member of the British Parliament has quit his role with a cryptocurrency exchange just four days after joining the company, analysts have estimated the daily volume of the over-the-counter (OTC) cryptocurrency markets to be $250 million, and Poloniex’s new terms of use have banned residents of Germany, China, Pakistan, […] The post Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M appeared first on Bitcoin News. дальше »
2018-10-27 02:15 | |
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Poloniex Revised Terms of Use, Shutters Services in Several Countries
With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U. дальше »
2018-10-26 22:46 | |
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Biggest Newspaper in China Signs a Strategic Partnership with Blockchain Company to Open a Blockchain Lab
People Daily, the official newspaper of the Chinese Communist Party (CCP), has announced a strategic partnership between Xunlei Limited… The post Biggest Newspaper in China Signs a Strategic Partnership with Blockchain Company to Open a Blockchain Lab appeared first on Invest In Blockchain. дальше »
2018-10-25 12:11 | |
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This Non-Profit Turns to Wealthy, Young Crypto Donors in Order to Fund Social Projects
A non-profit called the Social Alpha Foundation is crusading to use cryptocurrency donations as grants. The grants will be awarded to entities dedicated to projects related involving social impact and blockchain education. дальше »
2018-10-25 06:00 | |
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China’s People Capital VC Firm Partner Xunlei to Launch DLT Laboratory
People Capital, the investment and venture capital arm of China’s leading newspaper, People’s Daily Online, has formed a strategic alliance with Xunlei Limited, a Chinese multinational technology company and online service provider, to develop a distributed ledger technology (DLT) laboratory to explore the groundbreaking technology in various scenarios, reported Business Wire on October 23, 2018. дальше »
2018-10-25 03:00 | |
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Binance enters Singapore with funding from state-owned investment firm
Leading cryptocurrency exchange desk Binance has received a backing from Singapore’s government-owned holding company Temasek Holdings. Vertex Ventures, Temasek’s venture capital arm, has made an investment in Binance to help develop a cryptocurrency-to-fiat exchange desk in Singapore, the company announced today. дальше »
2018-10-23 13:30 | |
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Everything we know about Xiaomi’s ridiculous Mi Mix 3
Xiaomi is launching its ambitious flagship phone Mi Mix 3 in China on October 25. Before the launch, the company announced a bunch of things related to the phone, including a 10GB RAM variant and 5G capability. дальше »
2018-10-23 11:30 | |
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Justin Sun’s ‘Tens of Billion Industry Giant Partnership’ Tweet Under Fire for Misleading Investors
Can Tron Be Considered Guilty of Misleading Investors By Claiming Partnership with Baidu? Everybody in the Tron community was hyped when the founder of the Tron Foundation, Justin Sun, announced a mysterious partnership with a huge company. дальше »
2018-10-19 03:33 | |
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Amazon Web Services Partners Up with Qtum in China
Recent news of a possible partnership between TRON and Chinese giant Baidu demonstrated the excitement that was produced by sheer rumors of such a move. While this partnership remains only a speculation at this point, another project recently announced a confirmed partnership with an equally as large company. дальше »
2018-10-18 14:00 | |
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Enterprise blockchain company SophiaTX expands with China office
CryptoNinjas SophiaTX, the first enterprise platform integrating blockchain technology with SAP announced today the company has established a China branch office that will boost access to global manufacturing and trade centers across the country. дальше »
2018-10-18 23:48 | |
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Canadian Blockchain Company Sees Opportunity in Newly Legalized Cannabis
Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. дальше »
2018-10-18 19:50 | |
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Ripple & Trump Making New Ground
The new Chief Market Strategist at Ripple, Cory Johnson has been working at the company for just under a year now, however, in a recent interview with BreakerMag the crypto-San Francisco based company is in regular discussions with Trump’s administration. дальше »
2018-10-15 15:30 | |
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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »
2018-10-11 00:29 | |
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