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Bitcoin Ransomware That Infiltrated 100 US Enterprises Spreads to China
18.7.2019
Bounties demanded by the Ryuk hackers reach upwards of $5 million to be paid in bitcoin, according to the FBI
Bitcoin and Pot Stocks: The Two Most Profitable Assets of 2019
18.7.2019
Marijuana is the dried flower of the naturally occurring cannabis plant, that’s existed on the planet for thousands of years and has been widely used through history by various cultures. The first-ever recorded use of the plant for medical reasons dates back to 2,737 BC in China when Emperor Shen...
Web Search Data Indicates Soaring Interest for Facebook Libra in China
18.7.2019
China has emerged as a perhaps surprising leader when it comes to public interest in Facebook's Libra cryptocurrency project
Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
17.7.2019
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency...
China Might Permit WeChat To Come Up With Cryptocurrency
14.7.2019
The impending launch of Facebook’s Libra cryptocurrency is seemingly having many implications on both economic and political fronts around the globe. Especially this development is seen with utmost interest among the business circles in China and the strained relationship with the US and...
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
12.7.2019
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into...
Bitcoin Cash Community on Bitkan’s K-Site Raises Funds for BCH Development
11.7.2019
Last year news.Bitcoin.com spoke with the cofounder of Bitkan, Fang Yu, about the company’s K-Site project, which acts as a decentralized media outlet, micro-blog and forum with rewards. Just recently, Bitkan spoke with news.Bitcoin.com about K-Site’s growth and how the platform’s...
Libra Can Teach China One Thing, Suggests Ex-Central Banker
11.7.2019
Zhou Xiaochuan. Source: a video screenshot, Youtube, Bloomberg Markets and Finance
The Chinese government may be about to rethink its strategy towards “digital currencies,” a recent speech by the country’s former central bank governor, Zhou Xiaochuan, suggests.
Zhou, who served as the governor...
China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief
11.7.2019
China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
Vanuatu Extradicts Six Chinese Citizens Allegedly Involved in Crypto Scheme
11.7.2019
Six suspects in an alleged cryptocurrency scheme have been extradited to China from Vanuatu
Ex-PBoC Governor: China Must Take Precautions Against Libra Trend
10.7.2019
The former governor of the People’s Bank of China says “China should take precautions” against the trend represented by Facebook's Libra cryptocurrency
China Partner of TRON Foundation, Raybo Technology Announces $30 Million Incentive Plan
10.7.2019
Justin Sun, the CEO of TRON, has made yet another exciting announcement that has left the crypto community pleasantly surprised. According to Sun’s Twitter announcement dated 9th July 2019, Raybo Technology which is the China partner of the TRON Foundation has come up with a $30 million incentive...
China’s Central Bank Developing Own Digital Currency in Response to Libra
8.7.2019
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin
Tron Issues Official Response to Recent Protest at Beijing Office
8.7.2019
Tron officially responds to recent protests over a ponzi scheme that went under a Tron-like name
Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
8.7.2019
China’s central bank, the People’s Bank of China, has processed $4.36 billion in foreign exchange transactions on its blockchain platform since its inception
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
8.7.2019
China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says
Tron 'Partners' With Local Police Against Angry Mob at Beijing Office
8.7.2019
Chinese police surrounded Tron’s office in Beijing as angry investors gathered to protest a scam with a similar name
Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...
Tron’s Justin Sun Faces Backlash Due to Scam in China
5.7.2019
Justin Sun. Source: Twitter, @justinsuntron
The founder of the Tron blockchain project, Justin Sun, is facing harsh criticism in his home country of China after an alleged Ponzi scheme ended abruptly last week.
According to Chinese website Nuclear Finance, a pyramid-like investment scheme known...