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China's consortium chains may not be trusted internationally, says Vitalik Buterin
25.8.2020
Ethereum co-founder shares his opinions on China’s blockchain progress and the Blockchain Service Network
China plans to use its digital yuan at the 2022 Winter Olympic Games
25.8.2020
Details about the official launch date still remain murky
The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
25.8.2020
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear...
Huawei Builds Blockchain Platform So Beijing Govt Can Better Manage People’s Data
24.8.2020
Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data ranging from medical records, real estate registration and real time parking updates
What Will Students Learn at China’s First Blockchain Undergrad Course?
24.8.2020
Blockchain-related subject matters are no stranger to the classroom, with courses now available all over the world, but China is on the verge of an educational first – with a batch of students set to begin their studies at the nation’s first blockchain engineering undergraduate course. So what will...
Huawei and Beijing jointly develop municipal blockchain directory
24.8.2020
Beijing’s municipal government has ambitious plan for smart city infrastructure based on the Huawei Cloud Blockchain
The US is losing the 'tech cold war,' warns Ripple co-founder
24.8.2020
China can reverse Bitcoin transactions, a Ripple exec said
Public interest in central bank digital currencies surpasses Bitcoin in 2020
24.8.2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
China's digital yuan trials reportedly limited to small retail transactions
24.8.2020
China’s central bank released a new statement to debunk some rumors
PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale
24.8.2020
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency
China’s Blockchain Service Network to launch stablecoin support in 2021
24.8.2020
China’s national blockchain project BSN could be the best fit for the digital yuan
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
Digital Currency, Akoin and Blockchain Voting: Bad Crypto News of the Week
22.8.2020
Check out this week’s Bad Crypto podcast
Central Bank Digital Currencies and Their Role in the Financial System
22.8.2020
What are CBDCs and the risks they possess, and how might they reshape our economies?
Why the Rise of the CBDC Is Bad for Your Privacy
22.8.2020
Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all...
Bitcoin Macro Trend Unaffected by Chinese Investors’ $50B Tether Exodus
22.8.2020
Bitcoin’s macro bullish trend remains intact even after data show Chinese investors moved $50 billion in crypto to overseas addresses in the past 12 months
Tether Could Be Enabling Capital Flight From China, Says Chainalysis
21.8.2020
The East Asia crypto market has reacted fast to news of Beijing’s national digital currency and regional economic tumult
Russia and China De-dollarization Approaching ‘Breakthrough Moment’
20.8.2020
China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements...
Hunan’s Government Has Chosen a Company to Build New Blockchain Infrastructure for the Region
20.8.2020
Local government in China endorsed a public Blockchain infrastructure project