Search
Chinese Tech Titans’ Digital Collectibles Pledge Involves ‘Fighting Crypto’
1.11.2021
Some of China’s biggest tech firms including the likes of JD, Tencent, and Alibaba’s Ant Group have signed a “self-regulating pact” that involves a commitment to “fighting” or “eliminating” cryptoassets.
Per JRJ and NBD, the agreement was sealed at a meeting led by the National Copyright Exchange...
Huobi closes crypto derivatives as part of wind-down for Chinese traders
29.10.2021
By shutting down derivatives trading on Huobi, the company takes one more step toward closing its operations in China
On The Mic
28.10.2021
Liu Xiao is an artist based in Beijing, China.Read more
Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February
24.10.2021
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital...
Chinese Media’s Silence Is Deafening as Bitcoin Soars Toward USD 70,000
21.10.2021
As bitcoin (BTC) continues its meteoric price rise, dragging the rest of the market with it, the news has been making front pages the world over. Everywhere, that is, except China, where the price leap has been met with a wall of stony silence....
Read More: Chinese Media’s Silence Is Deafening...
Chinese e-commerce giant JD.com drops NFT series on its own blockchain
20.10.2021
JD.com implements its own blockchain to issue free NFTs to attendees of its annual JD Discovery conference
Chinese Provinces Still Cracking Down on Bitcoin, Altcoin Miners
18.10.2021
Multiple Chinese provinces are claiming to have stepped up their efforts to crack down on illegal crypto mining operations – an indication that they are either eager to impress the central Beijing government or that some miners in the country are still refusing to shut down....
Read More: Chinese...
Tech Crackdown Hasn’t Halted Chinese Firms’ Blockchain R&D Progress
14.10.2021
Chinese companies are still topping the blockchain patents charts – despite Beijing’s recent crackdown on crypto and some of the nation’s biggest tech firms....
Read More: Tech Crackdown Hasn’t Halted Chinese Firms’ Blockchain R&D Progress
Russia considers new energy tariffs as Chinese crypto miners relocate
14.10.2021
Russia’s Irkutsk region saw its energy consumption rates surge by 160% following China’s crackdown on crypto mining
Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown
13.10.2021
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule...
New Chinese Action-RPG Is Like The Witcher, But More Focused
13.10.2021
Sometimes, I want the gritty fantasy storytelling of The Witcher 3: Wild Hunt without dealing with hundreds of hours of content or an open world map. Xuan Yuan Sword 7, the latest entry in an action roleplaying series that has been a cornerstone of Chinese gaming for almost 30 years, scratches that...
Binance to suspend Chinese yuan from P2P platform in December
13.10.2021
Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland
Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain
12.10.2021
Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases...
China Ready to Get Tough with Crypto Crackdown Enforcement
12.10.2021
the central People’s Bank of China (PBoC) and called on companies in the country to take punitive measures against crypto-trading customers. It also warned overseas platforms targeting Chinese customers that they could face penalties.Similar statements have been made in the past, but the cryp
Mining Hardware Manufacturer Bitfury Plans to Go Public
11.10.2021
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars...
Chinese blockchain project BSN expands to Turkey and Uzbekistan
11.10.2021
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal
Bitmain Will Not Ship Crypto Mining Equipment to China
11.10.2021
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities...
China to Add Cryptocurrency Mining to ‘Negative List for Market Access’ Making the Industry Off-Limits to Investors
9.10.2021
China has proposed adding cryptocurrency mining to the country’s latest “Negative List for Market Access.” This will make cryptocurrency mining an industry that is off-limits to investors, another move by the Chinese government to clamp down on crypto-related activities....
Chinese Firms Exiting Mainland as Crypto Crackdown Bites
8.10.2021
href="https://cryptonews.com/ext/poloniex/">Poloniex.Per the China Securities Journal, “more than 20 “crypto-related companies have “announced their withdrawal from the Chines
Donald Trump on Crypto: ‘I Don’t Want Other Currencies Coming Out and Hurting the Dollar’
4.10.2021
Former U.S. President Donald Trump has commented on the growing popularity of cryptocurrencies and the crypto crackdown by the Chinese government. He reiterated his anti-crypto stance: “I don’t want to have other currencies coming out and hurting or demeaning the dollar in...