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Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention

29.8.2020
China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention

Geopolitical risks prevail as new players emerge in the crypto mining space

28.8.2020
China is not the only country that wants control of this highly coveted industry

Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert

28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate

Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center

28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...

China Has 44,000 Blockchain Firms but Faces a Big Tech Talent Deficit

28.8.2020
China’s huge blockchain push means that there are now a staggering 44,000 firms in the country dedicated to the technology – after central and province-level drives to create a network of blockchain hubs that encompasses much of the nation. However, there are also signs that the rate of expansion...

Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

28.8.2020
Affected mining centers in the area may see a notable increase in electricity costs

China: Bank to Launch Blockchain-Powered Int’l Trade Platform + More News

27.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain News Chinese financial institution Wuxi Rural Commercial Bank has launched the Jiangsu Province’s first blockchain-powered cross-border...

No more cheap electricity for Inner Mongolian crypto miners, officials say

26.8.2020
The halcyon days of state subsidized electricity are over

Jack Ma’s Ant Group files $30B IPO in Hong Kong and Shanghai

26.8.2020
China’s Ant Group is prepping for the largest IPO in history

Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners

26.8.2020
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese...

DLT tracking partnership to fight fake diamonds in China

26.8.2020
Everledger’s partnership with JD.com will allow buyers in China to purchase diamonds knowing their origins

China’s Communist Party eyes blockchain for ‘decentralizing’ social services

25.8.2020
Beijing’s strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in social assistance system reforms

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...