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Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users
29.5.2022
China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local...
Bitcoin price action decouples from stock markets, but not in a good way
28.5.2022
Conflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’
28.5.2022
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The Chinese Communist Party will use its digital currency to control and spy on anyone...
Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News
27.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game...
Russia Mulls Crypto for Int'l Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News
27.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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____(Updated on May 28 at 04:30 UTC for space and clarity, also it was clarified that JPMorgan joined Elliptic's financing...
Stepn to block mainland China users to comply with regulatory policies
27.5.2022
In a move to comply with Chinese regulatory policies, Stepn will be blocking users based in mainland China from its mobile app
Draft bill to ban China’s digital yuan from US app stores
27.5.2022
Three Republican senators introduced a bill to protect Americans from the "Authoritarian Digital Currencies Act."
STEPN to Bar 'Move-to-Earn' for China-Based Users in July
26.5.2022
Popular "move-to-earn" crypto game STEPN will exit the Chinese market due to regulatory concerns, the company said Thursday
Chinese Indexes Company Launches Hang Seng Metaverse Index
26.5.2022
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes...
Developing countries love the Metaverse, rich nations not keen: WEF survey
26.5.2022
Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they'd use it daily in comparison to developed countries
Bitcoin’s current setup creates an interesting risk-reward situation for bulls
23.5.2022
A slight improvement in equities markets and the resilience of a few key BTC price metrics are giving bulls hope of a reversal
China Can’t Seem to Stop Bitcoin Mining
22.5.2022
Reported hashrate fell to zero for two months in China last year, but it has since returned rather abruptly
Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony
22.5.2022
Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS...
Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21
21.5.2022
Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme
18.5.2022
Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million. Virtual Currency Pyramid Scheme...
Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate
17.5.2022
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates...
Bitcoin, Ether Hover Above Support Amid China Optimism, U.S. Futures Bump
17.5.2022
Crypto markets added 3.2% on Tuesday after nearly a week of steady declines
China’s Global Bitcoin Hashrate Share Leaps up from Zero to Over 21% - Report
17.5.2022
The latest Cambridge Bitcoin Electricity Consumption Index (CBECI) hashrate figures will make interesting reading for anyone in the Bitcoin (BTC) mining space.
Last year, the University of Cambridge’s Judge Business School reported that the “leading share” of global Bitcoin network hashrate...
Bitcoin Mining Appears to Have Survived Ban in China
17.5.2022
China is once again contributing a significant chunk of the world's bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF)
China returns as 2nd top Bitcoin mining hub despite the crypto ban
17.5.2022
China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year