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Bitcoin Mining Difficulty Hits Its 3rd All-Time High in a Row
17.2.2022
Bitcoin (BTC) mining difficulty has made another jump, hitting a new all-time high (ATH) – the third one in a row.
Further cutting into the miners' profit margins, the mining difficulty (the measure of how hard it is to compete for mining rewards) just went up 4.78%, reaching almost 27.97...
PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day
17.2.2022
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s...
Chinese IT Companies, Banks Expand Range of Offline Digital Yuan Solutions
17.2.2022
Chinese banks and IT firms are continuing to roll out a diverse range of “hard” digital yuan wallets as they lay the ground for the full rollout of the nation’s central bank digital currency (CBDC).
As reported, a large range of “hard” wallets – which require no permanent internet connection...
NEO price climbs after China’s BSN gives the project the green light on NFT marketplaces
16.2.2022
The launch of N3, new NFT marketplaces and integration with China’s blockchain-based Service Network is providing a boost to NEO price
Here’s how much digital yuan used at Olympics, according to PBoC
16.2.2022
Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets
China Says it Has Closed all Crypto Exchanges – But Traders, Miners May Still Be Active
16.2.2022
The Chinese central bank – the People’s Bank of China (PBoC) – says that all crypto exchanges and peer-to-peer (P2P) trading platforms have now been closed down on the Mainland. But it appears the authorities are still fighting an ongoing struggle against crypto mining, with many advocates...
JPMorgan on Metaverse, Digital Ruble Trial, Binance Chain Rebrands + More News
15.2.2022
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: JPMorgan on Metaverse, Digital Ruble Trial, Binance Chain Rebrands + More News
Crypto at the Olympics: NFT skis, Bitcoin bobsledders and CBDC controversy
15.2.2022
Bitcoin and nonfungible tokens are all over the Olympics this year while China’s CBDC is there too amid a controversial rollout
China's Metaverse plans: Decentralization not required
11.2.2022
Experts claim that although China is unlikely to decriminalize crypto in the short term, NFTs and blockchain still have a place in the Communist nation’s Metaverse longer-term
Official Winter Olympics P2E Game Is a Non-Starter in the Games’ Host Country
11.2.2022
Crypto is making its presence felt through its absence at the Winter Olympics, currently underway in China. The International Olympic Committee (IOC) has struck a partnership deal with nWay, a subsidiary of the play-to-earn (P2E) gaming giant Animoca Brands, which has released the “official...
Digital yuan transactions beat out Visa at Winter Olympics venue: report
10.2.2022
Many of the National Stadium retailers allowing purchases with China’s CBDC were outside the Olympics' quarantine bubble for athletes, journalists, and staff
UN approves NFT standards initiative led by Tencent
10.2.2022
Chinese entertainment giant Tencent will be collaborating on the project with a number of others, including Alibaba subsidiary Ant Group
Game review: Olympic Games Jam Beijing 2022
9.2.2022
The International Olympics Committee wants to connect with the Winter Games via blockchain, by trading NFT pins and playing a P2E mobile game
Hong Kong Needs to Respond to Crypto Market Changes with New Rules - Treasury Chief
9.2.2022
Hong Kong regulators and senior members of the government have spoken about their willingness of introducing new rules to police the crypto sector, with a new set of guidelines already formulated for crypto brokerages.
According to RTHK, Hong Kong’s Secretary for Financial Services and...
'China's crypto ban had little impact on Neo,' says organization's developers
8.2.2022
It's had a brutal fall from all-time highs, but the project still retains a market of $1.6 billion and has a dedicated community of developers
US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities
8.2.2022
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’...
China’s Winter Olympic Digital Yuan Gets Frosty Reception from Some ‘Foreigners’
8.2.2022
China is continuing in its efforts to wow the world with its digital yuan at the Winter Olympic Games, which got underway on Friday last week. But it appears that not all attendees – both Chinese and overseas visitors – have been blown away by the token’s usability....
Read More: China’s Winter...
Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7
7.2.2022
Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency
7.2.2022
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of hardware theft have also...
All eyes on Asia — Crypto’s new chapter post-China
6.2.2022
From Singapore to Thailand and Indonesia: Asia’s crypto landscape continued to thrive, unabated by China’s sudden crackdown