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China's Attitude to Crypto Can’t Change Significantly in the Short Term: Expert
29.4.2020
Analyst at a Chinese-led investment research firm said he does not expect China to change its stance towards crypto rapidly
Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm
29.4.2020
The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable...
Report: Bitmain Earned Over $300 Million in 2020 Despite Rumored Problems
29.4.2020
Bitmain has already earned over $300 million this year despite rumoured economic and legal problems, new report suggests
CZ Blames ‘Self-Perceived Competitors’ for New DDoS Attacks on Binance
29.4.2020
Binance CEO Changpeng Zhao confirms DDoS attacks on Binance, blaming “self-perceived competitors” for the attack
China's Cyberspace Regulators Approve 224 Blockchain Ventures
29.4.2020
Over 200 blockchain projects have been approved by China’s cyberspace regulators
1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
29.4.2020
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt...
Chinese Court Declares Ethereum Legal Property With Economic Value
28.4.2020
A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender...
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
28.4.2020
The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
Bank Of China Expands Tests of New Fintech Regulation to Six More Cities
27.4.2020
Bank of China has a plan for fintech development and it’s now expanding pilot projects in six more cities to strengthen fintech regulation
China Launches Blockchain-Based Service Network for Global Commercial Use
27.4.2020
China has launched its Blockchain-based Service Network to support the creation of a digital economy and build smart cities
WeBank Ranks Third in Blockchain Patent Filings For 2019
24.4.2020
WeBank has filled almost 632 patents and 80% of them were related to technologies like blockchain
Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
24.4.2020
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents...
China’s National Blockchain Will Change the World
24.4.2020
As China rolls out its Blockchain-based Services Network (BSN), an insider describes the "breathtaking" scope of the initiative
Meet Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision
24.4.2020
The de facto architect of China's ambitious national blockchain project reveals his game plan for making the technology cheap and easy for businesses
Blockchain Bites: China’s Miners, Africa’s Venmo and Cuba’s New Exchange
23.4.2020
Binance launches the Venmo of Africa, Cuba gets a new exchange and Starbucks will trial the "digital yuan."
Starbucks and McDonald's Rumored to Be Testing China's Digital Currency
23.4.2020
Starbucks and McDonald’s shops in Xiong’an will reportedly support payments with China’s digital yuan
Sharing Thoughts on Security, OKEx’s Jay Hao Says Customers Come First
23.4.2020
Okex’s CEO, Jay Hao, says “we must never do anything that harms the interests of users” while also talking about future developments on the platform
Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report
23.4.2020
The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency
China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing
23.4.2020
With bitcoin’s price drop and imminent halving, mining farms in China are struggling to fill slots despite the coming rainy season, when power is cheap