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Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’
18.3.2021
The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental...
Asia’s MicroStrategy: Meitu drops another $50M on ETH and BTC
18.3.2021
Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million
Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages
16.3.2021
A massive police operation took place in Istambul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment...
Warnings as Crypto, Digital Yuan Fraudsters Run Wild in China
16.3.2021
Chinese media outlets are reporting a sharp rise in bogus crypto, blockchain and digital yuan-related schemes in the country, as bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches.
Per reports from JRJ and the National Business Daily...
BTC Miner Stresses: ‘Bitcoin is One of the Most Environment-Friendly Financial Networks’
15.3.2021
While bitcoin has been gathering widespread attention with prices touching all-time highs, mainstream pundits have tried to attack the leading crypto asset for its energy consumption. It seems a new ‘bitcoin is bad for the environment’ editorial is published nearly every week...
Chinese holding firm Ping An overtakes Tencent in blockchain patents race
15.3.2021
Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry
Genshin Impact KFC Crossover Events In China Shut Down Over Covid-19 Concerns
12.3.2021
A weekend crossover event between the wildly popular Genshin Impact and Kentucky Fried Chicken had to be shut down at Shanghai and Hangzhou locations after apparently violating China’s ongoing covid-19 prevention measures, the fast food chain announced on Chinese social media site Weibo today.Read...
China May Target Tether after Digital Yuan Launch – B2C2 Japan CEO
12.3.2021
Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games, an industry player has opined.
Speaking to Bloomberg (via Sankei Biz), Philip Gillespie, the CEO of...
China’s blockchain ambitions set in stone after mention in national five-year plan
12.3.2021
China's latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies
Chinese banks pilot digital yuan at Shanghai department stores
11.3.2021
The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai
Live-Action Dynasty Warriors Movie Is Hack-And-Slash Brought To Life
9.3.2021
Koei Tecmo’s popular Dynasty Warriors series is getting a live-action cinematic version. It looks wild.Read more
Publicly Listed Maker of Billion-User Chinese App Meitu Buys $40 Million of Bitcoin and Ether for Its Treasury
9.3.2021
One of China’s top internet app makers, Meitu Inc., is adding up to $100 million worth of cryptocurrencies to its treasury, joining a growing list of companies worldwide to do so. The company has already purchased $40 million worth of bitcoin and ether for its balance sheet. Chinese Public...
Coinbase CEO tops China’s Hurun list of blockchain billionaires
4.3.2021
Coinbase CEO Brian Armstrong’s estimated wealth surged 10-fold over the past year to hit $11.5 billion, according to China’s Hurun Research Institute
China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
2.3.2021
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop...
BSN and TON Labs to Provide Chinese Developer Community With Unique TON Technology
1.3.2021
Thanks to TON Labs, BSN will now be able to produce real-life applications that require a scalable backend and use cases in compliance with China’s regulatory framework while still using an inherently decentralized network to do so. China’s Developers Gain Access to TON Technology...
Crypto myth busted: Users haven't mined Ether using a PlayStation 5 yet
1.3.2021
The original report from GizChina said that a software developer had modified the CPU and graphics cards on the new gaming console to mine crypto
China’s Inner Mongolia Might Push Bitcoin Miners Towards Greener Energy
1.3.2021
Source: Adobe/Андрей Трубицын
The Chinese Inner Mongolia Autonomous Region (IMAR) – a hub of crypto mining activity, particularly Bitcoin (BTC) mining – could be set to enact a shutdown of the industry, ordering all operators to close up shop as early as next month, and possibly pushing them...
China’s Inner Mongolia to shut down crypto mining farms by April 2021
1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals
China's BSN partners with TON Labs to utilize Telegram blockchain
1.3.2021
While Telegram's token project is dead, the blockchain still lives
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
28.2.2021
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns...