Oracle’s Interest: TikTok Customer Data Is Presumed to Be Huge Attraction Factor

Coinspeaker Oracle’s Interest: TikTok Customer Data Is Presumed to Be Huge Attraction FactorBeing among the top 10 downloaded and actively used social media platforms based in China, TikTok huge customer data has attracted America's attention at a time of a trade war with China. дальше »

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Here’s Why Bitcoin’s Hash Rate Has Dropped Around 10% In the Past Day

Although Bitcoin is a decentralized technology, the mining of the cryptocurrency is somewhat centralized in China. Per some reports, around two-thirds of all mining machines are based in the country, concentrated in the river regions where electricity is cheap. дальше »

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Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners

Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. дальше »

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China: Bitcoin Hashrate Drops After Rainstorms Hit Sichuan Province

Bitcoin mining pools in China, including large and mid-sized operations, are seeing their daily hashrate drops by “10 to 20 percent” following monsoons in Sichuan, reported Coindesk on Tuesday. Rain Spoils the Day The Sichuan province is said to control over 50% (even 60%) of Bitcoin’s total hashrate. дальше »

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Bitcoin hashrate drops 10-20% due to massive floods in China

As of Tuesday, bitcoin hashrate dropped by 25% due to massive landslides in Sichuan province. The landslides caused by heavy downpour caused the Sichaun province to trigger a Level I response, the hiThe post Bitcoin hashrate drops 10-20% due to massive floods in China appeared first on AMBCrypto. дальше »

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Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China

Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan. дальше »

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Bitcoin Bull Runs as Inflation Jumps

Inflation has seen a big spike with food prices rising 4.5% in June and more than 4% last month in the United States. In China they increased 13.2% last month... дальше »

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China’s Digital Yuan CBDC Is Close, but Many Details Remain Unknown

Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability. дальше »

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China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong

China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. дальше »

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China to Scale Digital Yuan Pilot to 28 Cities as it Solidifies Its Tokenomics Dominance

China’s digital yuan ‘DC/EP’ might soon be replacing the fiat renminbi in circulation following an announcement by the country’s ministry of commerce to scale the pilot in more cities. This PBoC backed digital currency has been in progress since 2014 but was only piloted recently, marking a significant milestone towards the adoption of CBDC’s. The […] дальше »

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China will demo its digital currency in major cities

The People’s Bank of China has approved the deployment of its Digital Currency Electronic...

The post China will demo its digital currency in major cities appeared first on Coin Journal.

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Злоумышленники из Гонконга присвоили $30 тысяч через уязвимость в биткоин-банкоматах

Правоохранители Гонконга арестовали троих подозреваемых в мошенничестве с биткоин-банкоматами, сообщает South China Morning Post. Расследованием преступления в полиции занялись после обращения двух криптовалютных бирж. дальше »

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China to Start Testing its Digital Yuan in Beijing and Other Major Cities

China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […] дальше »

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China: Digital Yuan to Be Piloted in More Cities, Policy Design Will Be Completed by End of 2020

The latest official statement from China’s Commerce Ministry seeking to comprehensively deepen pilot tasks, highlight specific measures, and specify the division of responsibilities for the innovative development of service trade reveals that more cities in the second-largest economy will pilot the digital yuan. дальше »

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Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC

Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language. дальше »

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China CBDC Trials Coming to Beijing and 27 Other Cities

China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou. дальше »

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China to Extend Testing of Digital Yuan to Beijing, Tianjin and Others Areas

Coinspeaker China to Extend Testing of Digital Yuan to Beijing, Tianjin and Others AreasChina is set to expand its digital yuan testing to Beijing, Tianjin, and other acclaimed prosperous provinces in the country. дальше »

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China to Launch Major Expansion of Digital Currency Trials

China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong. дальше »

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Trump’s WeChat Ban Threatens Apple’s $44B Market in China, Tencent Downplays Risks

Coinspeaker Trump’s WeChat Ban Threatens Apple’s $44B Market in China, Tencent Downplays RisksWith Donald Trump's executive order to ban WeChat, smartphone giant Apple needs to make a decision whether or not to ban WeChat from its global App Store. дальше »

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Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China

Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems. дальше »

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China’s Digital Yuan Will Go Live in Hong Kong’s Greater Bay Area

China’s ambitious digital currency project, the so-named digital yuan or DCEP, will see test runs at Hong Kong’s Greater Bay Area in the coming weeks, according to local reports on August 12. Greater Bay Area to Benefit The Greater Bay area – an amalgamation of Hong Kong, Shenzhen, and Macau – is a $2 trillionRead MoreRead More. дальше »

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100,000 Join Cointelegraph’s Blockchain Week Event in China

Cointelegraph’s recent China blockchain event spanned five continents and attracted 100,000 viewers.

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Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin

Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last.

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Bitcoin mining faces no threat from China, here’s why

The Chinese state does not present a long-term threat to Bitcoin, a well-known developer wrote in a blog this week. The post Bitcoin mining faces no threat from China, here’s why appeared first on CryptoSlate. дальше »

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China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO

BSN, a Chinese government-backed blockchain platform, has just launched its official international website. The post China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO appeared first on CryptoSlate. дальше »

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China registers over 10,000 blockchain firms in 2020

Despite the ongoing pandemic, blockchain growth in China is booming and may outpace 2018...

The post China registers over 10,000 blockchain firms in 2020 appeared first on Coin Journal.

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China’s Blockchain Infrastructure Launches Website for Global Devs

China's Blockchain-Based Service Network has launched an English-language website for international decentralized app developers. дальше »

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The Latest on the Global Economy’s Most Contentious Relationship

China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market. дальше »

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All Aboard the Bitcoin Express Says Max Keiser on Asian Capital Flight

For investors, Hong Kong has long served as the global financial system’s friendly intermediary with China. But after a year of social upheaval, the Chinese Government has imposed a comprehensive new national security law that would reportedly grant it “semi-autonomy” until 2048. дальше »

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China: Loudi City Mayor Promotes Blockchain to Fight Crime

Blockchain is making further inroads with municipal authorities in China, as the mayor of Loudi supports its use to combat crime. дальше »

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China’s National Blockchain Network Launches International Website

China’s first government-backed blockchain initiative has just launched an official international website.

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Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears

Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. дальше »

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Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold

The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. дальше »

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More Than 10,000 New Blockchain Companies Established in China in 2020

LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19.

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China’s Mining Dominance Unlikely to Last: Lopp

With more chips produced outside of Asia and more countries offering cheaper power, China’s mining dominance may not last said Jameson Lopp. дальше »

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Центральный банк Китая сотрудничает с тремя коммерческими банками для разработки торговой платформы на основе блокчейна

Центральный банк Китая подписал соглашение с China Minsheng Bank, China CITIC Bank и Банком Китая о сотрудничестве в области торговой платформы на основе блокчейна. Китай экспериментирует с блокчейном Клиринговый центр центрального банка будет использовать практический опыт трех коммерческих банков в построении торговой платформы на основе цепочки блоков, для разработки внутренней электронной системы аккредитива НБК. дальше »

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How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto

The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »

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10,000 New Blockchain Firms Established in China So Far in 2020

With over 10,000 new blockchain firms emerging in China in 2020, the number of companies developing solutions based on the novel tech appears set to cross the 90,000 mark. China remains a blockchain hub with Beijing’s anti-crypto stance not extending to companies looking to leverage decentralized ledger technology (DLT). дальше »

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Ripple?s General Council: US May Lose "Cold War" to China Through Lack of Crypto Regulation

Ripple?s Stuart Alderoty explains why Ripple is urging US authorities to introduce crypto regulation as US may lose leadership in innovative tech to China дальше »

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China’s State Banks Test Digital Wallet App for CBDC Payments

China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated. дальше »

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China: State Commercial Banks Trial Digital Wallet for CBDC

China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency. дальше »

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Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’

Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […] дальше »

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China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan

State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan.

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Blockchain salaries spike due to high demand in China

Demand for Chinese blockchain developers demand is at an all-time high According to recent... The post Blockchain salaries spike due to high demand in China appeared first on Coin Journal. дальше »

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China’s Open Source Development Has Lessons for the US

While the U.S. complains about TikTok and Chinese IP theft, China is forging a new form of development based on open source networks. дальше »

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Tesla’s China Competitor Xpeng Motors Raised $400M Ahead of U.S. IPO

Coinspeaker Tesla’s China Competitor Xpeng Motors Raised $400M Ahead of U. S. IPOXpeng Motors, a Chinese electric car manufacturer reportedly raised $400 million ahead of an initial public offering (IPO) in the United States adding onto $500 million that it raised in July. дальше »

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Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’

This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. дальше »

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China’s CBDC to Target Private Sector Dominance

With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent. дальше »

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Kazakhstan Set to Impose Taxes on Crypto Mining

Bitcoin miners in Kazakhstan will soon be paying taxes to the state as the government looks to raise funds for COVID-19 recovery plans. Outside China, Kazakhstan controls the third-largest share of the global Bitcoin (BTC) mining hash rate. дальше »

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China’s Digital Currency Targets Alipay and WeChat Pay

China is dedicated to becoming the first country to roll out a central bank digital currency (CBDC). Its Digital Currency Electronic Payment (DCEP) system aims to replace all physical currency in the country, including coinage. дальше »

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