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Bitcoin’s Mid-May Hash Rate Levels Expected to Return to Breakeven as Chinese Miners Continue to Pile Up in the US
Despite reports of increased mining difficulty across major cryptocurrencies increasingly often pointed at the massive Chinese miners’ exodus following crypto mining crackdowns in China, Bitcoin’s hash rate is recovering at an exceptional rate. дальше »
2021-8-30 17:09 | |
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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 […] дальше »
2021-8-29 14:53 | |
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HK firm Meitu nurses Bitcoin (BTC) losses after buying the top in April
Chinese tech company Meitu, which made several investments in the two largest cryptocurrencies between March and April of 2021, revealed its impairment loss on Bitcoin holdings in a recent interim results announcement. дальше »
2021-8-27 19:00 | |
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Crypto Veterans Start NFTs: Waltonchain Mystery Box Review
Today I’m showing you an event from a Chinese IoT + Blockchain public chain that was listed on Binance as early as 2017. Waltonchain went silent for some time and then revealed a new roadmap featuring NFTs in early 2021. дальше »
2021-8-25 15:11 | |
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China has no Law for Cryptocurrency, Says High Court
A Chinese court stated that there is no law regarding cryptocurrency, an indication that investors would carry out crypto investment at their peril. No Protection for Chinese Crypto Investors According to the South China Morning Post on Monday (August 23, 2021), an intermediate court in the city of Jinan revealed that cryptocurrency investment and tradingRead More дальше »
2021-8-24 05:00 | |
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Why Chinese Banks Are Adding Digital Yuan To Apps? Here’s What You Need To Know
The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile apps. According to a local report, the digital RMB App reveals a recent addition of more banks to the interface. дальше »
2021-8-22 11:28 | |
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Bitcoin Mining Industry Booms As Daily Revenue Skyrockets Past $40 Million
The Chinese crackdown on the cryptocurrency industry saw over 50% of the hashrate of Bitcoin mining go offline. The Bitcoin network has however shown its resilience as it is recovering remarkably well from the FUD generated by the crackdown on Bitcoin mining in China. дальше »
2021-8-22 13:52 | |
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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. дальше »
2021-8-19 20:54 | |
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Shanghai Court Recognizes Bitcoin as Virtual Property
The Minhang District Court of Shanghai declared Bitcoin to be a virtual property protected by Chinese law. This isn’t the first time that the court has ruled that cryptocurrency assets should be protected in regard to Chinese regulations on property ownership. дальше »
2021-8-18 17:41 | |
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Alibaba Opening NFT Marketplace, Backed by Sichuan Government
Chinese e-commerce giant Alibaba Group Holding is opening a non-fungible token (NFT) marketplace with the approval of the Sichuan provincial government. The post Alibaba Opening NFT Marketplace, Backed by Sichuan Government appeared first on BeInCrypto. дальше »
2021-8-17 21:50 | |
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This part of the Bitcoin industry 'is an emotional game'; here's why
Since China’s mining crackdown started earlier this year, Chinese Bitcoin miners have been scrambling to find a new place. While nearby Kazakhastan and Russia were initially touted as potential candThe post This part of the Bitcoin industry 'is an emotional game'; here's why appeared first on AMBCrypto. дальше »
2021-8-17 00:32 | |
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VeChain Is Targeting The Multi-billion Dollar Chinese Pet Food Traceability Market Using Industry Leading Blockchain Technology
Against the overall market downturn from the global pandemic, China’s pet food industry bucked the trend with notable growth. It was valued at USD 1.082 billion in 2020, and it... дальше »
2021-8-16 10:58 | |
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How is this trend affecting Bitcoin's mining
The Chinese mining crackdown earlier this year left a deep mark on the Bitcoin industry and network, causing its mining difficulty and hash rate to take a deep dive. As China had contributed to 2/3rdsThe post How is this trend affecting Bitcoin's mining appeared first on AMBCrypto. дальше »
2021-8-14 04:00 | |
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DAO Maker becomes latest DeFi platform to suffer an attack; Loses $7M
DAO Maker, a crypto fundraising platform commonly mistaken for MakerDAO, suffered a hack that resulted in the loss of more than $7. 00 million (£5. 07 million). A report unveiled this news on August 12, citing a disclosure from PeckShield, a Chinese blockchain security company. дальше »
2021-8-13 21:27 | |
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Binance vs KuCoin: Features, Fees, Safety & more [2021]
The two most popular Asian exchanges are Binance and KuCoin and both were based in China. After Chinese government banned digital currency exchanges, they both moved to Hong Kong, while Binance later on moved on to Malta even though current reports from TheBlock claim that Binance is not incorporated there but rather on some other, […] The post Binance vs KuCoin: Features, Fees, Safety & more [2021] appeared first on CaptainAltcoin. дальше »
2021-8-12 20:49 | |
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Chainalysis: Chinese sent $2.2 billion worth of cryptocurrency to fraudulent addresses
Chinese addresses sent more than $2.2 billion worth of cryptocurrency to addresses linked to illegal activities between April 2019 and June 2021, according to the latest report from analyst firm Chainalysis. дальше »
2021-8-14 13:33 | |
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What is Ontology (ONT)? | Beginner’s Guide
Launched by the Onchain, Ontology is a Chinese public platform for all types of projects aiming to remove barriers between the blockchain and business sector. The post What is Ontology (ONT)? | Beginner’s Guide appeared first on CoinCentral. дальше »
2021-8-10 23:36 | |
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Xiaomi denies involvement in shop accepting Bitcoin in Portugal
A Portuguese shop selling products of Chinese electronics giant Xiaomi previously announced that it partnered with Utrust to unlock payments in five cryptocurrencies. дальше »
2021-8-7 10:43 | |
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Chinese Investors Lose Over $2 Billion To Cryptocurrency Scams
Cryptocurrencies including Bitcoin have gained some notoriety for their use in fraudulent activities. It seems the problem is still lingering as a recent report has revealed alarming amounts of scams facilitated by cryptocurrencies. дальше »
2021-8-6 20:47 | |
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Marathon Splashes $120 Million On Bitcoin Miners From Bitmain
In a press release, Marathon Digital Holdings confirmed an agreement to buy 30,000 Bitcoin miners, at a total cost of almost $121 million, from Chinese manufacturer Bitmain. “. . entered into a contract with Bitmain to purchase an additional 30,000 Antminer S19j Pro (100 TH/s) miners for $120. дальше »
2021-8-3 03:01 | |
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China’s Central Bank Vows to Keep a Close Eye on Crypto Trading
The Chinese central bank vows to keep high regulatory pressure on crypto trading in the country. PBoC to Continue Monitoring Crypto Trading The People’s Bank of China recently published the key takeaways of a meeting where the regulators discussed at length the progress on monetary policy in the first half of 2021 and the stepsRead More дальше »
2021-8-2 19:00 | |
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Binance Execs to be Questioned Over Money Laundering by Chinese Betting Apps via WazirX
Anti-money laundering authorities in India are investigating whether Binance’s subsidiary and the largest crypto exchange in India WazirX is involved in money laundering activities linked to Chinese betting apps in the country. дальше »
2021-7-31 22:59 | |
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Bitcoin Banning China Starts Falling Out of Favor, Crypto Booming India Brought In
China is going through one of its toughest month in years where international markets are concerned with the Chinese Communist Party (CCP) uneasy about what risks becoming an exodus, and... дальше »2021-7-31 18:13 | |
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As Bitcoin and Ethereum Springs Forth, Chinese Stocks See Biggest Slump In Years
Recent events have shown that the traditional financial market is just as volatile as any other market; contrary to the popularly held consensus that cryptocurrencies are the only volatile market. China’s falling stock market proves that the traditional financial market is just as volatile as the cryptocurrency market. Over the past few days, two of […] дальше »
2021-7-29 15:49 | |
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China’s crackdown signals an oncoming crypto ban, Bobby Lee says
China has been increasing its regulatory pressure on crypto firms to help Chinese citizens stay clear of high-risk investments.
дальше »2021-7-26 11:29 | |
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Chinese Miners Pivot to Alternative Currencies to Keep Operating
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. дальше »
2021-7-24 04:30 | |
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US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics
Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including privacy, they warned, “Olympic athletes should be aware that the digital yuan may be used to surveil Chinese citizens and those visiting China on an […] дальше »
2021-7-22 16:30 | |
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Bitcoin (BTC) Mining Getting Greener as Chinese Miners’ Exodus Continues
The United States is now the new hotspot for bitcoin (BTC) miners who have been forced to leave China since May. The events of the past months have effectively crashed Bitcoin’s energy usage and experts have predicted that over 40 percent of the global hashrate by 2022, will be controlled by North America, thanks toRead More дальше »
2021-7-21 13:00 | |
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China is pumping money out of the US with Bitcoin
Chinese authorities seem to be putting things in order rather than declaring war on crypto, aiming to further weaken the U.S. economy. дальше »
2021-7-19 18:07 | |
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Three More Chinese Provinces Join National Clampdown on Crypto Mining Activities
The current crackdown on mining activities in China appears to be gaining steam. Three provinces Henan, Gansu, and Anhui, have joined the nationwide crackdown on crypto farms. Henan, Gansu, and Anhui to Crack Down on Mining Activities Local news outlets have reported different reports on the crackdown on crypto mining activities within the country. HeifiRead More дальше »
2021-7-15 23:00 | |
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Anhui Becomes The Sixth Chinese Province To Clamp Down On Bitcoin Mining
To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for more than 50% of global BTC production. дальше »
2021-7-15 22:52 | |
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TikTok Bars Crypto Ads — Why This Is Bad News For Dogecoin?
The Chinese short-form video-sharing app TikTok has recently updated its advertising policies, banning certain types of promotions. The now-verboten themes encompass plenty of financial services and products, including loans, day-trading and forex trading platforms, and of course, crypto-related ads. дальше »
2021-7-15 18:21 | |
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