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Chinese Court Declares Ethereum Legal Property With Economic Value
28.4.2020
A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender...
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
28.4.2020
The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities
Blockchain Bites: WEF, IBM and a Chinese City Show Support for Blockchain
28.4.2020
IBM and the WEF both have plans for solving disruption to supply chains disrupted by the coronavirus crisis
This Chinese Move Could Help Local Miners After Bitcoin Halving
28.4.2020
A Chinese municipality has formally requested Beijing’s permission to allow it to offer surplus electricity to the region’s “blockchain industry” – believed to be code for bitcoin (BTC) miners. The move could have potential knock-on effects for the wider crypto community, and could see potentially...
Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower
28.4.2020
A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity
Operators Call Chinese Blockchain-powered Copyright Platform a Success
27.4.2020
A Chinese blockchain platform is helping to protect copyrights, and reduce costs for people trying to resolve IP-related issues, per state authorities, who are claiming the new system is proving to be a hit.
The platform was announced late last year, per Xinhua, following up on a successful model...
Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing
26.4.2020
Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing...
Chinese Companies Lead Blockchain Patent Race + More News
24.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Chinese companies have topped new global blockchain patent tables, reports media outlet East Money, quoting data...
Chinese Blockchain-Based Pilot Platform Completes First Cross Border Trades
22.4.2020
Companies involved in the pilot platform managed to make trades with companies in the US, Mexico, and India
Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks
22.4.2020
A crypto Ponzi claiming to offer cosmic powers has somehow accumulated roughly 1,600 Bitcoins in only a matter of weeks
Chinese Blockchain-powered Trade Pilot Claims Int’l Success
22.4.2020
Qingdao. Companies involved in the Chinese city of Qingdao’s blockchain-powered cross border financing platform pilot are claiming that they are enjoying great success – and have conducted blockchain-powered trades with partners based as far afield as North America and Southern Asia.
Per...
A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper
21.4.2020
The Industrial and Commercial Bank of China is the world’s largest lender by assets, and they’ve just released a crypto white paper
In Possible Exit Scam, Chinese EOS Wallet Locks Up $52M of Customer Funds
21.4.2020
EOS Ecosystem, a wallet app returns out to be a scam and possibly runs away with $52M user funds
Tencent Taps DAML Smart Contract Language for Chinese State Blockchain Network
20.4.2020
Digital Asset’s DAML smart contract language is being integrated into the blockchain that will underpin China’s national Blockchain-Based Service Network
Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin
20.4.2020
The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing.
The PBoC has also rushed to insist that a digital yuan rollout will not spark...
14 Chinese Men Arrested in Malaysia for Bitcoin Scam
19.4.2020
14 men have been arrested for targeting Chinese investors through a Bitcoin investment scam operated from Malaysia
Microbt Reveals Two Next-Generation Mining Rigs With Speeds Up to 112 Terahash
18.4.2020
Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s). The news from Microbt follows Bitmain’s announcement at the end...
Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket
17.4.2020
Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom.
And it seems that even though some leading companies have been going to great pains to distance...
Chinese Blockchain Lab to Empower E-Commerce with ‘Gold Chain”
17.4.2020
Two Chinese companies are building the country’s first blockchain lab that aims to empower the e-commerce industry
Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports
16.4.2020
Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May.
Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...