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Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
11.6.2020
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer
United States Sets New Record for P2P Bitcoin Trading
11.6.2020
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful
Chinese Stakeholders Don’t Want to Share Their Personal Data With Government Run Blockchains
10.6.2020
Chinese local governments hit a bump in the road with implementing blockchain applications because stakeholders don’t want to share their data
South Korean Merchants Open to Accepting Digital Yuan
10.6.2020
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future
Bitcoin News Roundup for June 10, 2020
10.6.2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
10.6.2020
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin...
Binance Reportedly Trades Crypto in China Despite Ban, Says It Runs 'Test Site'
10.6.2020
Binance is said to be operating a mysterious domain for Chinese traders
4,000 Chinese Bank Accounts Reportedly Frozen Due to Crypto Connections
10.6.2020
About 4,000 Chinese bank accounts of over-the-counter cryptocurrency traders were allegedly frozen by law enforcement
Bitmain Struggle Continues as Ousted CEO Reportedly Halts ASIC Deliveries
10.6.2020
Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office
What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin
9.6.2020
The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?
Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts
9.6.2020
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence...
Why Miner Maker Ebang’s US IPO Raises More Questions Than Answers
8.6.2020
Bitcoin mining hardware manufacturer Ebang wants to raise $100 million through a U.S. IPO. But that could be a risky investment, CoinDesk Research's Matt Yamamoto reports
Wild, Wild East: Why the ICO Boom in China Refuses to Die
8.6.2020
“Chandler Guo was a beef salesman who now lives in a 100,000 square-foot California estate he calls the “Mansion of Chives” after a slang term associated with retail investors losing money.”
Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain
8.6.2020
A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain
Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions
8.6.2020
Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets
Blockchain Will Lead Digital Globalization Says Wanxiang Rep
7.6.2020
China Wanxiang Holdings Vice Chairman believes blockchain along with other high tech will lead a more globalized world
This Chinese City Is Launching a Blockchain Notary Program
7.6.2020
Suzhou wants to implement a blockchain-based pilot program to use real-time notarial tracing functions across the country
VeChain Bolsters Traceability of Chinese Pork Products
6.6.2020
Blockchain-based supply chain solutions proliferate, as VeChain establishes partnerships with fresh meat suppliers
Former Chinese Central Bank Exec Praises "Commercial Success" of Bitcoin
6.6.2020
Wu Xiaoling highlighted the benefits of the Bitcoin network and highlighted some of the weaknesses it faces nowadays
The Biggest Realignment in the US-China Relationship Since Nixon, Feat. Graham Webster
5.6.2020
How one of the world’s most important geopolitical relationships came to be what it is in 2020