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China Construction Bank's blockchain bond efforts take a new direction
4.12.2020
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
3.12.2020
Despite ambitions of overtaking the dollar, China's central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand
Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
3.12.2020
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the recent surging Bitcoin prices across the board. China’s Government to Focus on Blockchain Both Sina and Xinhuanet have stated that...
‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos
3.12.2020
Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan
Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
2.12.2020
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain...
Bitmain reportedly cuts off funding to Bitcoin Core developers
2.12.2020
Bitcoin Core touts itself as a direct descendant of Satoshi Nakamoto's original Bitcoin software client
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
Ringleaders of PlusToken Scam Jailed for Up to 11 Years
1.12.2020
Fourteen operators of the giant PlusToken scam have been sentenced in China to up to 11 years in prison
Authorities shut off electricity to Bitcoin miners in China’s Yunnan province
1.12.2020
Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines
This Bitcoin mining company’s stock is in free fall following Q3 loss
30.11.2020
Q3 was a tough quarter for mining rig manufacturers as the impact of COVID-19 continued to weigh
No need to fear the Bitcoin FUD, says Sino Global Capital
30.11.2020
After a week of gloomy headlines and a brutal price dip, traders would do well to think long term
Chinese Police Seize $4.2 Billion in Multiple Cryptocurrencies From Plustoken Ponzi Clampdown
27.11.2020
Chinese police have seized more than $4.2 billion worth of crypto assets in its clampdown against the Plustoken Ponzi scheme. According to a court ruling made public on Nov. 26, and shared by The Block, law enforcement confiscated a total of 194,775 bitcoin (BTC), 833,083 ether (ETH), 1.4 million...
The USD 4.2bn Question: Has China ‘Dumped’ PlusToken Bitcoin, Ethereum & Co?
27.11.2020
Source: Adobe/Александр Коликов
Crypto community members are wondering what has become of a huge stash of crypto worth a combined USD 4.2bn seized by the Chinese authorities who closed down the PlusToken crypto scam earlier this year – with some asking if the funds were already “dumped” onto...
Chinese Authorities Have Seized a Massive $4 Billion in Crypto From PlusToken Scam
27.11.2020
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China
China’s Xi Asks ASEAN Nations to Join in Building of ‘Digital Silk Road’
27.11.2020
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-Asean Expo on Friday
China’s national blockchain project adds Polkadot support
26.11.2020
The Blockchain Service Network integrates three more major blockchains
Blockchain Infrastructure Firm BSN Adds Polkadot, Oasis, Bityuan to Network
25.11.2020
China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network
Despite New Incentives to Stay, Some of OKEx’s Chinese Users Are Determined to Leave
25.11.2020
Some OKEx's users in China are determined to leave the exchange despite new incentives designed to keep them
Long in China’s Shadow, the US Is Becoming a Bitcoin Mining Power Again
25.11.2020
Following a string of investments, miners are increasingly optimistic about prospects for the U.S. market in 2021
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto