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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities. дальше »
2021-7-7 06:30 | |
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China takes 'low carbon' route after e-CNY trial promotes use for 'intended purposes'
In a bid to be more environmentally friendly, China has shut down over twenty cryptocurrency mining sites. This delivered a significant blow to the crypto-industry, an industry that is often criticizeThe post China takes 'low carbon' route after e-CNY trial promotes use for 'intended purposes' appeared first on AMBCrypto. дальше »
2021-7-3 01:00 | |
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Iran To Ban The Use Of Crypto In Payment Transactions
In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Cryptocurrency mining and organizing the domestic market for exchanges” that will bar cryptocurrency payments throughout the country. дальше »
2021-7-3 21:21 | |
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Why China’s Oldest Crypto Exchange Has Shut Down Its Bitcoin Business
BTCChina, one of China’s oldest crypto exchanges, has reportedly exited the bitcoin business for good in response to the government’s recent crackdowns on the cryptocurrency industry. BTCChina Pulls The Plug On Bitcoin Business Amid Government’s Anti-Crypto Crackdowns According to a report by the South China Morning Post on Thursday, BTCChina has completely ditched the bitcoin […] дальше »
2021-6-29 19:31 | |
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China’s Oldest Crypto Exchange Shuts Down Bitcoin Business As Crackdowns Continue
One of China’s oldest crypto exhcanges has shut down its Bitcoin business as crackdowns continue in the nation. BTCChina Exits Bitcoin Business Huang Xiaoyu and Yang Linke founded BTCChina back in 2011. дальше »
2021-6-28 17:57 | |
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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market
Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »
2021-6-23 12:54 | |
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Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations
The Polywhale decentralized finance (DeFi) protocol has been shut down with the team selling off their tokens in what appears to be the latest rug pull. The post Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations appeared first on BeInCrypto. дальше »
2021-6-22 08:13 | |
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Why this is a 'tremendously positive' thing to have happened to Bitcoin
China may no longer be the hub of Bitcoin's mining activity it once was, as several bitcoin mining farms in the country were shut down by its government, in the last few months. As of yesterday, 26 miThe post Why this is a 'tremendously positive' thing to have happened to Bitcoin appeared first on AMBCrypto. дальше »
2021-6-22 02:30 | |
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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting
The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. дальше »
2021-6-21 22:00 | |
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China turns off its miners - does price follow hash rate or hash rate follow price?
Multiple Bitcoin miners in China's Sichuan province were shut down over the weekend and Bitcoin's hash rate is down almost 30% since May. Will the price fall further as a result - and what is the correlation between hash rate and price? дальше »
2021-6-22 17:00 | |
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China also bans miners in hydropower -dominated Sichuan province
Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20. дальше »
2021-6-21 17:34 | |
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How China Bitcoin FUD Is Lowering The Cost To Produce BTC
Bitcoin FUD out of China might be helping to lower the cost to produce BTC. The news of the crackdowns on mining farms in China has rocked the market lately. Entire mining operations were shut down and they had to be moved to other sites. дальше »
2021-6-19 01:30 | |
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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. дальше »
2021-6-18 15:30 | |
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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. дальше »
2021-6-14 07:00 | |
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Yunnan Province in China Clamps Down on Illegal Bitcoin Mining
China's fourth-largest bitcoin mining province threatens to shut down non-compliant companies by the end of June. The post Yunnan Province in China Clamps Down on Illegal Bitcoin Mining appeared first on BeInCrypto. дальше »
2021-6-13 16:50 | |
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Iran Seizes 3,000 Crypto Mining Devices in a Week
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. дальше »
2021-6-11 22:00 | |
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Kraken to Shut Down Margin Trading for US Users in Less than Two Weeks Due to ‘Regulatory Guidance’
“Kraken believes in common-sense regulations that protect market participants but “do not restrict their freedom to purchase, sell, hold and use cryptocurrency,” said the exchange. The post Kraken to Shut Down Margin Trading for US Users in Less than Two Weeks Due to ‘Regulatory Guidance’ first appeared on BitcoinExchangeGuide. дальше »
2021-6-10 16:34 | |
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China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down
Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. дальше »
2021-6-10 08:30 | |
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China Back on Attack Mode, Internet Blocking Exchanges & Bitcoin Miners Ordered to Shut Down
This time, Bitcoin price is not responding to the reports of a crackdown from China which extends beyond the crypto sector, ahead of the 100th anniversary of the ruling Communist Party on July 1, trading around $36,500. дальше »
2021-6-9 19:41 | |
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Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down
An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. дальше »
2021-6-9 19:30 | |
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Bitcoin Miners in Xinjiang’s Largest Tech Park Ordered to Shut Down
Bitcoin miners in Zhundong, Xinjiang, China, have been told to shut down their rigs, The Block, on June 9, reports. The Blow in Zhundong Officials in Zhundong, acting on orders from the Changji prefecture government in Xinjiang, were instructed to shut down Bitcoin and cryptocurrency mining operations in the Zhundong Economic Technological Development Park byRead More дальше »
2021-6-9 14:00 | |
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NYAG Court Order to Shut Down Coinseed Succeeds, CEO Creates Profanity Token for Attorney General
The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. дальше »
2021-6-9 12:00 | |
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Crypto Trading Platform Coinseed Forced to Shut Down
New York Attorney General Letitia James secured a court order halting the operation of crypto trading platform Coinseed. The post Crypto Trading Platform Coinseed Forced to Shut Down appeared first on BeInCrypto. дальше »
2021-6-9 18:19 | |
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Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. дальше »
2021-5-29 03:00 | |
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SEC Sues Five People Over BitConnect Lending Program
A Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program”. BitConnect shut down it’s main lending platform operations in 2018 after regulatory warnings and allegations of fraud. дальше »
2021-5-29 01:16 | |
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“Impossible” to Shut Crypto Down: Ark Invest’s Cathie Wood Sees Emerging Market Central Banks Accumulating Bitcoin
She expects regulators to be “more friendly over time” while expanding her focus to include Ethereum and expects central banks to do that with BTC and other currencies. The post “Impossible” to Shut Crypto Down: Ark Invest’s Cathie Wood Sees Emerging Market Central Banks Accumulating Bitcoin first appeared on BitcoinExchangeGuide. дальше »
2021-5-28 15:16 | |
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BTC can’t be shut down despite increasing ESG concerns, Cathie Wood says
Renowned investor Cathie Wood has come out to reassure investors that Bitcoin will remain standing despite the current regulatory uproar. Wood, who is the founder of ARK Investment Management, shared her thoughts during the Coindesk Consensus 2021 conference. дальше »
2021-5-28 15:09 | |
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Vitalik Doubles Down on Proof-of-Stake: It Could Solve Bitcoin’s Problems
Competitors are milking Elon Musk’s misconceptions about Bitcoin’s energy consumption for all their worth. The general public and legacy media won’t shut up about this previously resolved can of worms. дальше »
2021-5-28 07:31 | |
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Bitcoin miners are shutting down Chinese operations after Vice Premier’s comments
Chinese Bitcoin miners are scrambling to shift or shut operations after the latest round of ‘crypto FUD’ initiated by the government, a report on news outlet Reuters said today. The post Bitcoin miners are shutting down Chinese operations after Vice Premier’s comments appeared first on CryptoSlate. дальше »
2021-5-24 11:01 | |
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Iranian Crypto Mining Farms Voluntarily Shut Down Amid Rolling Blackouts
Iran has begun rolling blackouts, a last resort measure to prevent a total electrical blackout in the region. The post Iranian Crypto Mining Farms Voluntarily Shut Down Amid Rolling Blackouts appeared first on BeInCrypto. дальше »
2021-5-24 18:52 | |
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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »
2021-5-23 07:00 | |
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Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect
This is positive for the crypto industry because Inner Mongolia is China’s second-largest coal producer, and such a move will push Bitcoin miners towards using renewable sources. The post Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect first appeared on BitcoinExchangeGuide. дальше »
2021-5-20 18:09 | |
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Is Cardano Really The Best Candidate to Replace Bitcoin at Tesla?
Last week, cryptocurrency users watched the market decline severely after Elon Musk announced that Tesla has shut down Bitcoin payments in the meantime, until “mining transitions to more sustainable energy. дальше »
2021-5-18 14:04 | |
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US Authorities Seek Court Order to Shut Down Crypto Trading Platform Allegedly Duping Thousands of Investors
New York Attorney General Letitia James is seeking a court order to immediately shut down the operations of cryptocurrency exchange Coinseed. The attorney general previously filed a lawsuit against the crypto exchange but the platform allegedly continued to operate and dupe investors. дальше »
2021-5-9 17:00 | |
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Chinese Crypto Exchange, Hotbit Goes Offline After Unsuccessful Cyberattack
Chinese crypto exchange, Hotbit, has shut down all of its services after suffering a cyberattack on Thursday. The cryptocurrency exchange with over 2 million users worldwide announced that it suffered an attack that forced some of its services to paralyze as the attached tried to access the exchange’s wallets. дальше »
2021-5-1 10:48 | |
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Turkey Looking To Establish Central Bitcoin Custodian Bank Following The Sudden Collapse Of Two Crypto Exchanges
The last week has been an interesting one in the Turkish crypto space. Two of the biggest exchanges in the country, Vebitcoin, and Thodex shut down following allegations of mismanagement and a change in the current financial landscape. дальше »
2021-4-28 15:18 | |
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All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. дальше »
2021-4-27 03:40 | |
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Turkey Drafting Wider Crypto Regulations, Probe Launched into Another Exchange After it Ceases Activities
After Thodex was abruptly shut down, Vebitcoin abruptly stopped all its activities as well. An investigation has been launched in both the crypto exchanges, and several people have already been detained. дальше »
2021-4-25 15:29 | |
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