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KPMG Origins Launched in Australia, China, and Japan


Shining as one of the Big Four accounting organizations, KPMG, the leading professional services providing firm, has announced the news about the launch of KPMG Origins in Australia, China, and Japan. KPMG Origins is a ‘track and trace’ platform that is designed on blockchain pedagogies to cater...

MARKETS DAILY: China Picking Winners While Traders Wonder


This time we're talking winners and losers in China's increasingly top-down crypto industry, the implications behind former CFTC chairman Giancarlo's just-announced move to white-shoe law firm Willkie Farr & Gallagher, and more

Crypto Exchange Huobi Strengthens Ties With China


Major cryptocurrency exchange Huobi may finally be returning to the fold in China, over two years after a Beijing crypto crackdown forced domestic trading platforms out of the country. Per Chinese media outlet Fn.com, Huobi China has joined a state-endorsed blockchain alliance named the Blockchain...

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit


Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...

‘In Small Steps’ China Cuts Benchmark Interest Rates


Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a brewing liquidity crisis...

Crypto Employees in China Work From Home to Avoid Government Pressure


Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say...

Is Plustoken to Blame for Bitcoin’s Sell-Off?


Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...

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