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Chinese Tech Firm Meitu Buys 175 Bitcoin, Treasury Now Holds $100 Million Worth in BTC and ETH

9.4.2021
The China-based smartphone and internet app maker Meitu has announced the acquisition of $10 million worth of bitcoin for its treasury after the firm purchased digital assets two times prior last month. The company’s cryptocurrency holdings now stack up to $100 million worth of ethereum...

Ebang refutes Bitcoin ‘China Hustle’ claims as share price falls 20%

9.4.2021
A NASDAQ traded Chinese Bitcoin mining firm has seen its shares fall 20% after a damning short report unveiled some alleged dodgy dealings

Meitu now holds $100 million in BTC and Ether after latest Bitcoin purchase

9.4.2021
The tech company has been on a buying spree of late, racking up $100 million worth of Bitcoin and Ether

Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US

9.4.2021
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still...

Our Man in Shanghai: Scandal as $45M of stolen government funds lost using 100X leverage

9.4.2021
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a 'weapon' of China (but no one cares), and CZ’s net worth rises to $1.9 billion

US must embrace Bitcoin to counter Chinese 'financial attack' — Pomp

8.4.2021
Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers

Digital yuan campaign planned for contested island in the South China Sea

8.4.2021
Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan

New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit

8.4.2021
An XRP advocate started a petition to SEC chair nominee Gary Gensler, asking him to end the lawsuit against Ripple should he be confirmed as the new chair

China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel

8.4.2021
Peter Thiel has urged the U.S. government to reappraise China’s relationship with Bitcoin from a geopolitical perspective

Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million

8.4.2021
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange...

UK Bitcoin mining revenues soar but China hogs 75% of ‘blood coin’ production

7.4.2021
U.K.-based Argo Blockchain just did record revenues, but a new report suggests 75% of Bitcoin mining still takes place in China, where “blood coin” is made

Shark Tank’s Kevin O’Leary Will Only Buy ‘Clean’ Bitcoins — Says Institutions Will Not Buy ‘Blood Coins’ From China

6.4.2021
Kevin O’Leary, aka Mr. Wonderful, says he will only buy “clean” bitcoins that are mined sustainably in countries that use clean energy. He says institutional investors are concerned about where bitcoins are mined and will not buy “blood coins” from China. Clean...

Bitcoin miner firm Ebang launches Ebonex crypto exchange

5.4.2021
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year

Non-Fungible Token Sales Begin to Dive, NFT Interest Declines, Finance Author Highlights NFT Oversupply

4.4.2021
Non-fungible token (NFT) assets and collectibles are starting to see sales decline and interest in NFTs is dropping as well. Additionally, it’s being said that an “oversupply of NFTs” may hurt the market, according to James Surowiecki the author of “The Wisdom...