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Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report

Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies. дальше »

2019-7-26 14:02


Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion

Gaming giant Nintendo has announced that it is moving part of the production capacity for its Switch console from China to Vietnam. In a statement quoted by USA TODAY, the company revealed that while the bulk of production will remain in China, starting this summer, some of the consoles will be built in Vietnam as […] The post Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion appeared first on CCN Markets дальше »

2019-7-10 03:15


To Support Growth of Crypto Space, Chinese City Offers Rent Subsidies for Blockchain Companies

The blockchain industry is a growing market, and there are many regions that are hoping to become a big part of the revenue it comes with. Fuzhou, a city in China, has decided to provide rent support for blockchain businesses, hoping to bring more of these companies into their economy, according to reports from People’s […] дальше »

2019-6-12 03:12


Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown?

Part 1 of the history of the Chinese tryst with the cryptocurrency industry. China has always been a focal point in the realm of cryptocurrency and blockchain technology. From being the once hub of cryptocurrency exchanges to the mining center of the world, China has seen its dominance in the decentralized currency game decline due […] The post Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown? appeared first on AMBCrypto. дальше »

2019-4-15 16:45


Taming the Chinese Dragon: Movement and Communication attacked; regulation vows to cripple industry

Part 2 of China’s regulatory history with cryptocurrency exchanges and communication channels. Exchanges & ICOs Wiped Clean The PBoC began 2017 by initiating regulatory checks on Bitcoin trading platforms in January to survey operations to ensure they were in compliance with regulatory protocols, backing their earlier opinion that Bitcoin or any form of virtual currency […] The post Taming the Chinese Dragon: Movement and Communication attacked; regulation vows to cripple industry appeared first on AMBCrypto. дальше »

2019-4-15 16:45


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Chinese Authorities Publish List of Registered Blockchain Firms

On March 30, 2019, the National Cyberspace Administration of China (CAC) issued registration numbers to nearly 200 distributed ledger technology (DLT)-based firms in the region as part of its broader plan of regulating, securing, strengthening, and advancing the growth of the industry, according to local news source Yicai. Chinese DLT Firms Get Licensed Based onRead More дальше »

2019-4-2 09:10


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China is forcing blockchain devs to dox users, censor content

The Chinese government is forcing blockchain companies to censor content, store users’ identity data and share it with authorities in a bid to support “orderly development. ” As part of a new registration system, the Cyberspace Administration of China (CAC) will require users of blockchain platforms to submit their real names, national IDs, and even telephone numbers, Reuters reports. дальше »

2019-1-10 18:02


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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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Starwood breach affecting 500M users reportedly part of a larger Chinese state-sponsored attack

Remember that massive breach of the Mariott-owned Starwood hotel chain from last month, which saw 500 million users’ data stolen? The New York Times reports that the intrusion was part of a larger state-sponsored intelligence-gathering effort spurred on by China‘s spy agency, the Ministry of State Security. дальше »

2018-12-12 09:46


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Starwood breach affecting 500m users reportedly part of a larger Chinese state-sponsored attack

Remember that massive breach of the Mariott-owned Starwood hotel chain from last month, which saw 500 million users’ data stolen? The New York Times reports that the intrusion was part of a larger state-sponsored intelligence-gathering effort spurred on by China‘s spy agency, the Ministry of State Security. дальше »

2018-12-12 09:46


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China’s two new satellites are a step towards completion of its Space Silk Road

China has successfully launched another two satellites that will be part of its native BeiDou Navigation Satellite System (BDS) – the country’s competitor to the American GPS system. The satellites will bolster China’s ambitious Space Silk Road project – the country’s programme to boost its global revenue from positioning and navigation systems. дальше »

2018-10-15 19:03


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Ex-Google CEO: Competition between US and China will split the internet

Former Google CEO Eric Schmidt believes that in next 10-15 years, the internet will split into two with one part will be led by China and other by the US. Schmidt said in reply to economist Terry Cowen’s question on the possibility of having three to four separate internets a decade from now: I think the most likely scenario now is not a splintering, but rather a bifurcation into a Chinese-led internet and a non-Chinese internet led by America. дальше »

2018-9-24 17:12


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Blockchain Evidence is Legally Binding, says China’s Supreme Court

The Supreme People’s Court of China has issued a set of new rules on the trial of internet court cases, part of which is that blockchain can authenticate electronic data entered in as evidence. Blockchain Authentication The court’s ruling issued on Friday sets out new rules to guide the activities of internet courts, and protect […] The post Blockchain Evidence is Legally Binding, says China’s Supreme Court appeared first on Ethereum World News. дальше »

2018-9-7 17:35