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Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. дальше »
2020-6-6 20:05 | |
Bitcoin Halving Welcomed with a ‘Special’ Message, Hash Rate Already Crashed Over 20%
Bitcoin block reward is now officially halved from 12. 5 BTC to 6. 25. The fourth-largest mining pool, China-based AntPool was the one to mine the first block 630,000 with the 6. 25 BTC per block mining cycle. дальше »
2020-5-12 15:27 | |
China-Based BTC Miner and Wallet, Bixin, Opens A $66M Crypto Investment ‘Fund Of Funds’
The announcement released on Friday states, Bixin will set aside 6,600 BTC (~66 million dollars) from its proprietary mining capital into the “fund of funds”. The funds will be invested in global quantitative trading funds with a special focus on arbitrage, BTC futures and general technical and trend analysis within the industry. As Bitcoin heads […] дальше »
2020-5-8 15:52 | |
After Bitmain and Canaan, Bitcoin miner Ebang is latest to plan $100 million IPO
China-based Ebang Holdings has filed a $100 million IPO prospectus with the U. S. Securities and Exchange Commission (SEC), becoming the third Bitcoin mining equipment maker after Bitmain and Canaan to attempt a public offering. дальше »
2020-4-27 08:06 | |
China-based Bitcoin Miner Manufacturer Ebang Files for a $100M IPO with the US SEC
The China-based ASIC Bitcoin miner manufacturer Ebang is applying for a $100 million IPO in the US, as per the form filed with the US Securities and Exchange Commission on April 24, 2020. In this IPO, Ebang is offering Class A ordinary shares at a value of HK$0. дальше »
2020-4-27 21:04 | |
Are crypto companies really pandemic resistant?
The disruption of supply chains across the globe due to the Coronavirus pandemic has resulted in substantial upheaval and its effect was also felt by China-based miners. The drop in Bitcoin's hash ratThe post Are crypto companies really pandemic resistant? appeared first on AMBCrypto. дальше »
2020-4-6 00:00 | |
IOST Becomes First Blockchain Project Advertised by Amazon AWS China
IOST’s Blockchain as a Service (BaaS) platform announced on March 20, 2020, that it has strengthened its relationship with AWS China, the global leading cloud computing platform. Amazon Sponsors IOST IOST, a China-based enterprise-level blockchain system, had already announced its launch on the Amazon Web Service (AWS) marketplace last year. дальше »
2020-3-21 18:00 | |
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model […] The post Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit appeared first on Bitcoin News. дальше »
2020-2-28 00:25 | |
China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11. дальше »
2020-1-13 05:30 | |
Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass production next year. дальше »
2019-12-27 02:20 | |
Binance Acquires Decentralized Blockchain Startup DappReview for Undisclosed Amount
Coinspeaker Binance Acquires Decentralized Blockchain Startup DappReview for Undisclosed AmountBinance is continuing its expansion in the crypto industry. It has acquired a China-based decentralized blockchain startup DappReview for an undisclosed sum. дальше »
2019-12-3 14:05 | |
Bitmain Lawsuit Heats Up, Plaintiffs Fight Motion to Dismiss
United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant’s motion to dismiss the case in a US court this week. A cryptocurrency company United American Corp claims that China-based Bitmain should not be dismissed from the United States’ antitrust suit, as the mining gear maker requested. дальше »
2019-11-30 15:33 | |
IDAX Exit Scam? Users Face Withdrawal Difficulty
The IDAX CEO has allegedly run off with the cold wallet of the exchange, all employees have left or have been fired, and the platform’s token dropped to $0. Blocklike reported on Weibo. com rumors of chaos at the China-based trading platform IDAX suggesting the exchange pulled an exit scam. дальше »
2019-11-28 01:35 | |
NEO, Ontology, and VeChain appear to be recovering quickly
Some of the most prominent China-based blockchain projects appear to be recovering quickly after the recent downturn in the market. The following technical analysis evaluates whether NEO, Ontology, and VeChain have the potential for a further advance. дальше »
2019-11-27 19:00 | |
IDAX Exchange: What’s Really Happening to Withdrawals
The China-based IDAX exchange caused jitters after suffering withdrawal troubles in the past days. But it turns out the backlog of withdrawals is most likely due to the company’s decision to leave the market in mainland China. дальше »
2019-11-26 18:29 | |
Bitcoin Miner Maker Canaan Down by 0.11% on First Trading Day, But the Whole Industry Shows Great Confidence
China-based bitcoin mining machine manufacturer Canaan Creative has finally concluded its initial public offering (IPO) with $90 million raised. Shares of Canaan – CAN – shot up 40 percent shortly. дальше »
2019-11-22 19:53 | |
China’s Second-Biggest Bitcoin Mining Equipment Manufacturer Raises $90M in U.S. IPO
China-based bitcoin mining equipment maker, Canaan Creative raised $90 million in its U. S. Initial Public Offering (IPO), after selling the IPO shares at the bottom of its marketed range, reports Bloomberg on November 21, 2019. дальше »
2019-11-23 00:00 | |
Ride-sharing service GoFun integrating blockchain functions with ArcBlock
ArcBlock, a development platform for decentralized applications (DApps) and blockchain services, today officially announced its new strategic partnership with China-based ride-sharing service GoFun. дальше »
2019-11-21 18:46 | |
Hongbo partners with Hashgard to implement blockchain in lottery services
Hongbo, a China-based lottery service provider, announced it has a strategic cooperation agreement with Hashi Technology, a research and development organization of Hashgard blockchain. Hongbo and Hashi Technology will explore the use of blockchain in the lottery sector. дальше »
2019-11-20 20:28 | |
Here’s What to Possibly Expect From Bitcoin This Week
China-based cryptocurrencies surge as bitcoin consolidates. If volume picks up, BTC could break above $9,700. One of the most prominent analysts in the industry shares his views on the pioneer cryptocurrency for this week. дальше »
2019-11-18 00:00 | |
Китайская блокчейн-компания подала заявку на IPO на $100 млн
Компания OneConnect, ориентированная на блокчейн и ИИ, подала заявку на проведение IPO в Комиссию по ценным бумагам и биржам США (SEC). Она намерена привлечь $100 млн на Nasdaq или Нью-Йоркской фондовой бирже. дальше »
2019-11-14 14:52 | |
Huawei and the Government of China Set to Collaborate Around Blockchain Technology
A China-based blockchain industry member recently reported that Huawei could be making forays in the blockchain market. Based on reports from the member by the name of Alice Crypto, Huawei might be making moves to get into the fast-emerging technology that had only just been created some years back. The news snippet was shared by […] дальше »
2019-11-11 21:30 | |
Huawei Signs Strategic Agreement with Chinese Central Bank Digital Currency Research Arm
Per a November 4, 2019, statement from Huawei’s WeChat channel, the multinational telecom titan has signed a strategic cooperation agreement with the People’s Bank of China (PBoC) – China’s central bank. дальше »
2019-11-6 02:00 | |
TRON and NEO Win Poll on Chinese Public Chains
Since the October 25 speech by the Chinese president, the country’s interest in blockchain technology and related projects has dramatically spiked. This has had positive spillover effects for several China-based cryptocurrencies — namely TRON (TRX), NEO (NEO) and Ontology (ONT), which have recorded increases between 20-70 percent. дальше »
2019-10-31 20:27 | |
China-based cryptos on the rise: NEO, Ontology, and Qtum technical analysis
As the Chinese government vows to put the nation at the forefront of blockchain technology, some of the most prominent China-based blockchain projects are skyrocketing. The following technical analysis will evaluate whether NEO, Ontology, and Qtum have the potential for a further advance. дальше »
2019-10-28 07:26 | |
SIBEX raises CHF 1.78 million to develop its P2P crypto trading network
SIBEX AG, the developer of a peer-to-peer (P2P) network removing intermediaries from digital asset financial markets, today announced that it has raised CHF 1. 78 million (€1. 61 million) in a seed funding. дальше »
2019-10-25 20:15 | |
Ethereum Co-Founder Spotted Rubbing Shoulders with Chinese VCs and Internet Giants
In a tweet from Matthew Brennan — a China-based writer and speaker — Ethereum co-founder Vitalik Buterin was photographed alongside some major Chinese investors and internet giants at the Dragonfly Crypto Summit in Beijing. дальше »
2019-10-15 18:05 | |
Chinese Bitcoin Miners Migrate North After Wet Season
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan. дальше »
2019-10-10 06:35 | |
Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash
Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. дальше »
2019-9-11 01:45 | |
Binance Acquires Cryptocurrency Derivatives Platform JEX
Cryptocurrency exchange Binance has acquired China-based Jaxx spot and derivates platform Jaxx for an undisclosed amount. Binance Continues to Grow The Malta firm announced today that JEX is rebranding to Binance JEX, adding that the acquisition would grant them the rights to manage JEX tokens, the native cryptocurrency of the JEX platform. дальше »
2019-9-3 20:12 | |
Plus Token Is Liquidating Thousand of Bitcoin Presuming Exit Scam
According to an announcement made on Twitter by venture capitalist Dovey Wan on August 14, 2019, the recent dump in bitcoin price is due to a mass liquidation of 200 thousand BTC by collapsed China-based Ponzi scheme PLUS Token. дальше »
2019-8-16 09:00 | |
Alleged Bitcoin Ponzi scheme Plus Token could be liquidating billions of dollars in stolen crypto, says VC
Allegedly collapsed China-based Ponzi scheme Plus Token may be liquidating on exchanges portions of a reported $3. 5 billion cache of stolen cryptocurrency, according to venture capitalist Dovey Wan, who is now appealing to the crypto ecosystem to spread awareness of the “critical” matter “before it’s too late”. дальше »
2019-8-16 12:19 | |
Cryptocurrency Services Platform BitKan Announces Partnership with Bitcoin.com
BitKan, a cryptocurrency service provider, has struck a strategic partnership with Bitcoin. com. This deal comes as Bitcoin. com is also set to establish a cryptocurrency trading platform. This according to an article from Crowdfund Insider, August 11, 2019. дальше »
2019-8-13 13:00 | |
BitMart received millions of Strategic Investment from Fenbushi Capital
BitMart, a premier global digital asset trading platform, is pleased to announce that it has received millions of investment from Fenbushi Capital, the first China-based venture capital firm that exclusively invests in blockchain-enabled companies. дальше »
2019-8-9 10:45 | |
BitMart Announces Investment From China-Based VC Firm Fenbushi Capital
BitMart has joined an array of over 50 international blockchain projects Fenbushi Capital has invested in, aiming to achieve more efficiency in the global economy
дальше »2019-8-9 23:19 | |
BitMart Received Millions of Strategic Investment From Fenbushi Capital
August 8, 2019 — BitMart, a premier global digital asset trading platform, is pleased to announce that it has received millions of investment from Fenbushi Capital, the first China-based venture capital firm that exclusively invests in blockchain-enabled companies. дальше »
2019-8-8 19:32 | |
Crypto exchange BitMart receives investment from Fenbushi Capital
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceBitMart, a global digital asset trading exchange platform, today announced that it has received millions in investment from Fenbushi Capital, the first China-based venture capital firm that exclusively invests in blockchain-enabled companies. дальше »
2019-8-8 17:45 | |
China-based Crypto P2P Lender Raises $21 in Four Hours of Its RRB Tokens
Chinese crypto-based Peer-to-Peer lending startup, RenrenBit, has reportedly raised $21 million from a token sale. The platform, selling each dollar-pegged, Tether-issued token for $1, only needed four hours to complete the sale. дальше »
2019-7-24 19:06 | |
Facebook’s Trek into Crypto Will Not Be Joined by China-Based Payment Firms
Multiple Chinese internet company have discussed avoiding cryptocurrency, amid announcement of Facebook’s Libra initiative. Blockchain technology is still a subject of interest for the Chinese economy. дальше »
2019-6-20 04:24 | |
Trend Micro Detects Major Uptick in New Strain of XMR Malware Targeting China-Based Systems
Cybersecurity firm Trend Micro has detected a major uptick in monero cryptojacking malware targeting China-based systems this spring
дальше »2019-6-7 13:49 | |
Huawei Faces Possible Final Nail in Coffin as Chip Designer Bails: Report
By CCN: Google was only the beginning of Chinese multinational tech giant Huawei‘s woes. The odds are increasingly stacked against the popular smartphone maker now that it is losing business with one of its biggest partners: British chip designer Arm Holdings. дальше »
2019-5-24 00:28 | |
Bitfinex Has Got 1 Bln Commitments in USDT for its Token Offering: Investor
One of major shareholders reports that investors have already lined up to buy the LEO token, providing commitments for $1 bln in Tether Dong Zhao, a China-based investor, the creator of DGroup, who has an. дальше »
2019-5-10 09:25 | |
China-based Blockchain Investment Firm Diversifies with Cannabis
A Chinese blockchain investment firm listed in Hong Kong recently announced that it was looking at the cannabis sector following bitcoin’s price struggles in 2018. As reported by South China Morning Post, the company says it wants to diversify its investment portfolio. дальше »
2019-5-3 23:00 | |
Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner
On April 28, the China-based mining rig manufacturer Bitmain Technologies announced the launch of its latest Antminer T17 model which processes roughly 40 terahashes per second (TH/s). The machine delivers better power efficiency with 55 joules per terahash (J/TH) and the T17 is also equipped with second-generation TSMC 7nm semiconductors. дальше »
2019-4-29 17:38 | |
BW Exchange to List Quantum Resistant Blockchain-Based ILC Сoin
Effective April 25th, 2019, BW Exchange users will be presented with new trading opportunities via ILCoin’s listing on the China-based cryptocurrency exchange. The quantum resistant blockchain project ILCoin will begin trading on BW Exchange as of April 25th. дальше »
2019-4-24 09:43 | |
These Next-Generation Mining Rigs Pack a Ton of Hashpower
Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). дальше »
2019-4-20 17:40 | |
Xiaomi’s chipset division shifts focus from smartphones to IoT gadgets
Chinese hardware giant Xiaomi is spinning off a part of its China-based Pinecone chipset division into a new company called Dayu (which translates to ‘big fish’ in Mandarin). It will focus on research and development of AI-based IoT (AIoT) chips for connected gadgets. дальше »
2019-4-5 09:26 | |