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Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China
18.6.2020
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation...
Expert: News of Chinese Banks' Crypto Crackdown Greatly Exaggerated
17.6.2020
Last Monday, Chinese media reported that police in Guangdong froze thousands of bank accounts belonging to over-the-counter traders
JD.com Subsidiary Rolling Out Privacy Tech From Blockchain Firm ARPA
17.6.2020
JD Digits is teaming up with blockchain-based privacy platform ARPA protect the financial data of major clients
This Week in Crypto: A Data Perspective (June 15-19)
17.6.2020
Powered by As coronavirus cases began to spike back in China and certain states in the United States, markets haveContinue Reading
The post This Week in Crypto: A Data Perspective (June 15-19) appeared first on CoinMarketCap Blog
China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra
17.6.2020
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments
Chinese Tech Group Behind TikTok Looks to Enter Finance
16.6.2020
Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance
5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown
15.6.2020
Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen. However, some people claim that their accounts have been frozen...
Crypto-related Banking Freezes in Brazil, China + More News
15.6.2020
Source: Adobe/kirill_makarov
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Banking news
A major Brazilian bank has closed the accounts of at least five companies that deal with...
China Could Roll Out Its CBDC Without Anyone Realizing
15.6.2020
Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change
Chinese Companies to Bet Big on Blockchain Despite COVID-19 Crisis
14.6.2020
350 Chinese companies surveyed still believe in the higher potential that blockchain technology could offer to their businesses
Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
14.6.2020
Chinese banks are clarifying that they are not shutting down any legal crypto accounts
Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
14.6.2020
On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s...
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
Blockchain Firm Pitches CBDC Operating System to Bank of England
12.6.2020
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England
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...