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Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner


India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors...

Holders of the Digital Yuan Will Not Be Paid Interest


China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank...

Not Accidental China's U-Turn On Bitcoin Mining Might Fuel Competition


Changes in China's Bitcoin (BTC) mining policy are not accidental, and competition in the global mining sector might become more intense, says an analyst at Beijing-based token data and rating agency TokenInsight. Moreover, the recent major crypto move by Hong Kong might also increase competition...

CEO of Bitmain's Rival Reportedly Arrested in China + More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Legal news Zuoxing Yang, founder and CEO of Chinese Bitcoin miner maker MicroBT, and former processor design director at...

Market Outlook: Crypto Whale Tales and China’s Blockchain Hype


During our last market outlook, cryptocurrency prices had found new foundations after the massive rally on Friday, October 25. Since then digital currency prices have been meandering roughly in the same positions after coins like BTC failed to break upper resistance on various occasions. Also read:...

Turkey Becomes the Latest Nation to Work on Digital Fiat


Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based”...

China Removes Bitcoin Mining From Unwanted Industries List


Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese...

China's Digital Fiat to Substitute Paper Money + 12 More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Digital fiats news China's digital fiat, the Digital Currency Electronic Payment (DCEP), is designed to substitute existing...

China Changes its Stance Towards Bitcoin Mining


China’s state planner, the National Development and Reform Commission (NDRC), has reportedly removed Bitcoin mining from the list of industries that might be eliminated. Cryptocurrency mining has not been included in the finalized catalog for Guiding Industry Restructuring that will take effect...

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