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Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’

31.12.2020
China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional...

Production of $2.7 Million-per-Episode: South Korean Crypto-Related TV Drama Series Is Set to Start in 2021

31.12.2020
A major South Korean TV series with crypto and blockchain-related topics is set to launch its production stage at the beginning of 2021, directed by Gemstone Film, in collaboration with firms in China and the United States. South Korean Crypto-Related TV Drama Series ‘Pumping Time’...

Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company

28.12.2020
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According...

OKCoin to Suspend XRP Trading and Deposits on January 4

28.12.2020
OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. “At 3 a.m. UTC time on January 4, the exchange’s users who have...

That Decoupling Sound: China, the US and a Year of CBDCs

28.12.2020
This year China and the U.S. faced off over trade and technology bans. But the battler for monetary hegemony has only just begun

The Rise of the Bitcoin Class

28.12.2020
How a VC working in China finally convinced her Dad to buy into Bitcoin. The winning argument: Protection against government seizure

China’s Coal Standoff Causes Power Shortages, Chinese Bitcoin Miners ‘Heavily Affected’

28.12.2020
Regional reports from China detail that bitcoin miners located in certain areas in South China are running short on electricity. The country has been having massive issues with coal prices soaring across the mainland, as the Chinese government hasn’t been allowing coal carriers into ports....

Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer

27.12.2020
CBDCs are one of the major topics in crypto this year, and the experts that Cointelegraph spoke to have a lot to say about it

The pandemic year ends with a tokenized carbon cap-and-trade solution

27.12.2020
Lowering CO2 emissions and lessening carbon-intensive approaches are the essential goals in global efforts to fight climate change

US China Trade War Effect on Global Economy

24.12.2020
A trade war is the last thing that any country would want as it weakens the entire global economy and disrupts people’s well-being. A trade war happens when one country retaliates against another by placing restrictions, like raising import on goods imported from other countries. A trade...

Core Scientific Buys Over 58,000 Bitmain S19 Antminers to Expand Its Hosting Fleet in North America

22.12.2020
A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer. US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain...

Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In

21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...

China’s crypto landscape: How CBDCs drove blockchain adoption in 2020

19.12.2020
As a developing tech power, China is one of the fastest countries in adopting blockchain technology

McDonald's China Has A Spam and Oreos Burger, It Seems

18.12.2020
Goodness. In what sounds like a dare, McDonald’s China is offering a Spam burger with crumbled cookies.Read more

Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years

17.12.2020
Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75 billion in the period under review. According to...

Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold

15.12.2020
Chinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the number of mentions on the matter since several...