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Nalezeno "china": 3669

Cloud Token and the Rise of MLM Crypto Projects


Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...

Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season


Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...

4 Beijing Regulators Issue New Crypto Activity Warning


Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also...

Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies


The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read:...

Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020


Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...

New blockchain index in China


CoinMarketCap Daily Newsletter Your daily newsletter for 26 December, 2019 “A happy family is but an earlier heaven.” - George Bernard Shaw In today's newsletter, we will be covering: Buterin wanting to speed up the Ethereum 2.0 transition with ETH1-friendly validators […] The post...

New blockchain index in China


CoinMarketCap Daily Newsletter Your daily newsletter for 26 December, 2019 “A happy family is but an earlier heaven.” - George Bernard Shaw In today's newsletter, we will be covering: Buterin wanting to speed up the Ethereum 2.0 transition with ETH1-friendly validators […] The post...

Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers


In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. Also Read: Chinese Regulators...

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