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Japanese Finance Minister Urges China to Delay its Digital Fiat
24.2.2020
Japanese finance minister Taro Aso has told G20 central bank governors and finance ministers to delay their digital currency plans, claiming that most countries are not ready to issue digital fiats – including China.
Bloomberg Japan reports that Aso warned counterparts at a recent G20 summit...
China Has Many Strategic Reasons To Invest in Blockchain
24.2.2020
From stopping double-lending in its credit industry to an escape from dollar hegemony, China has every reason in the world to invest in blockchain
$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources
23.2.2020
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...
The State of Blockchain: Experts Weigh in on Adoption Around the World
23.2.2020
Despite challenges, experts are bullish on blockchain’s prospects around the world: “Once people truly understand its vast potential, I believe wide-scale adoption of blockchain will occur”
FCoin Blames Poor Auditing for Shutdown, but Others Suspect Exit Scam
22.2.2020
Is FCoin another exit scam in the cryptocurrency exchange scene or is its insolvency simply due to ineptitude on the part of the company?
Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects
22.2.2020
China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also...
BCH Funding Debate: Amaury Séchet Responds to IFP Questions, Noting Contention in the West
22.2.2020
On February 20, Bitcoin Cash engineers held the second 2020 BCH developers’ meeting and the first since the Infrastructure Funding Plan (IFP) was added to the Bitcoin ABC version 0.21.0 client. Seven developers discussed new features that are coming after the May upgrade, but a majority...
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...
Liquidity of Top Cryptocurrencies Is Stronger Than During 2017 Bull Market
20.2.2020
Trade activity for USDT has exploded since China’s cryptocurrency crackdown. What are the overall liquidity trends?
Crypto Accused of Facilitating Illegal Gambling — What Are the Odds?
20.2.2020
Crypto has continued to attract a lot of negative attention for its increasing popularity within the global illegal gambling market
Crypto Mining Giant Canaan Partners With Blockchain Firm Northern Data
19.2.2020
Major mining hardware manufacturer Canaan and blockchain tech provider Northern Data AG will cooperate on blockchain and AI development
China Tracks Victims of Coronavirus with WeChat and Alipay
18.2.2020
Chinese province tracks victims of coronavirus with WeChat and Alipay, does crypto solve this?
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods
18.2.2020
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which...
Chinese Exchange FCoin Closes Down, Still Owes Users $125 Million
18.2.2020
FCoin CEO reveals the exchange has to stop running, with users still waiting for $67 million to $125 million
China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says
17.2.2020
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week
Cash Users in China Risk to Get Coronavirus, Banks Disinfect Banknotes
17.2.2020
Chinese officials are waging an unexpected war on cash in the wake of the coronavirus outbreak – amid fears that contaminated banknotes could spread the deadly virus.
The country’s central People's Bank of China (PBoC) has launched a campaign that, per the South China Morning Post, will see it...
China: Blockchain Deployment Rises Amid Coronavirus Outbreak
17.2.2020
China has seen as many as 20 blockchain apps launched to tackle coronavirus-related challenges
Chinese Blockchain Startup Hires VC Exec to Lead North American Expansion
17.2.2020
Beijing-based blockchain startup Conflux has hired the former head of crypto at VC firm Outlier Ventures to lead a North American expansion