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Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions
29.10.2020
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool...
Digital yuan will combat US 'dollarization' says former PBoC governor
29.10.2020
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan
China’s Coronavirus Outbreak Prompts Blockchain Adoption for Charity
27.10.2020
China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks
BTC hash rate slumps amid seasonal miner migration in China
27.10.2020
Analysts are anticipating Bitcoin’s second-largest negative difficulty adjustment of the year following the end of Sichuan’s rainy season
Alibaba’s Jack Ma praises the disruptive nature of digital currencies
26.10.2020
The current conservative international financial system doesn't suit young people or young economies, says Ma
Central bank digital currencies have the power to upend global finance
26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff
26.10.2020
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts
Digital yuan will work with WeChat and Alipay, says bank exec
26.10.2020
Details regarding the digital yuan's characteristics are taking shape
China's central bank lays regulatory foundation for CBDC
24.10.2020
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Blockchain is still far from maturity, says China’s former IT minister
24.10.2020
He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now
Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’
23.10.2020
ALSO: PayPal is said to be in talks to purchase cryptocurrency firms including BitGo. What does that mean for crypto?
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
23.10.2020
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China
Chinese Authorities Crack Down on Gambling Sites Using Tether Stablecoin
23.10.2020
Chinese authorities have arrested 77 individuals and shuttered gambling sites using the dollar-pegged tether (USDT) cryptocurrency
We need to talk about Steam & China
22.10.2020
The facts of (Chinese government approval) life
China's Ant Group releases digital copyright platform on AntChain
22.10.2020
The platform is just the latest product in the fintech's long-evolving blockchain solutions
Central bank digital currency could 'threaten' Bitcoin says CZ
22.10.2020
Binance boss Changpeng Zhao aired his views on CBDCs adding that Bitcoin could be under threat if a more advanced currency was launched
Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief
21.10.2020
A cross-boundary digital yuan could bring Hong Kong closer to the Mainland, Hui said
OKEx’s lips remain sealed on its sudden crypto withdrawal freeze
21.10.2020
OKEx’s secrecy around locking customer withdrawals has led to misinformation and confusion around what’s happening with the exchange
In China, most blockchain R&D funds are going toward this segment
20.10.2020
China's growing interest in blockchain technology spreads to publicly traded companies