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Finding a new home: Bitcoin miners settling down after China exodus
12.9.2021
Countries vie for cryptocurrency miner business as Chinese miners move to greener pastures. Here's where they are ending up
Many Major Airlines Can Now Accept Cryptocurrencies via UATP Global Payment Network
10.9.2021
Universal Air Travel Plan (UATP) is bringing more than 300 airline members and travel merchants cryptocurrency payment options. Airlines in the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest, and United. UATP Gets Into Crypto UATP is...
Chinese Communist Party warn of NFT hype bubble
10.9.2021
The local news publication, acting as the party's spokesperson, warned of a major decrease in the value of NFT assets once its bubble pops
Shanghai Man: China declares victory over crypto — Is this the end of the crackdown?
10.9.2021
Hong Kong securities official proposes stricter oversight of crypto trading
7.9.2021
Investing in Bitcoin and other cryptocurrencies could become more restrictive for residents of Hong Kong as local regulators look to clamp down on the asset class for various reasons
China's New Gaming Restrictions Have Already Been Circumvented
7.9.2021
New regulations aimed at players under 18 went into effect in China starting September 1. These restrictions limit young players to one hour of gaming from Friday to Sunday and include public holidays. Inevitable workarounds have already appeared. Read more
Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities
6.9.2021
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more...
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
3.9.2021
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make...
VeChain Thor mainnet reaches 10 million blocks milestone with no downtime
2.9.2021
Supply chain management platform hits blockchain milestone as major consensus upgrade nears
Please, Free Me From The Bad Takes About China’s Gaming Restrictions
1.9.2021
Whenever any kind of news about China hits the internet, I brace myself for oversimplifications by English-language writers and commentators. But in a country with roughly 720 million gamers (roughly twice the U.S. population), the context behind the recent gaming restrictions placed on Chinese...
China mining shock may not be over yet, experts suggest
1.9.2021
Despite Bitcoin’s perceived hash rate recovery, analysts noted that the recent 150 EH/s reading was based on a short 24-hour window
Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance
1.9.2021
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers...
China’s new blockchain infrastructure to digitize securities and futures
1.9.2021
Chinese regulators held a meeting in Beijing to promote blockchain development, as first mentioned in China's 14th five-year plan
Korean firm will become first BSN portal operator outside of China
1.9.2021
China’s Blockchain Service Network is going global, with Korean blockchain firm MetaverseSociety announced as the first BSN portal operator outside of China
Chinese Regulator Aims to Digitize Securities Market Using Blockchain and Smart Contracts
1.9.2021
China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain...
Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More
31.8.2021
The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also...
League Of Legends Makeover For Chinese Subway
31.8.2021
For the tenth anniversary of its Chinese server, League of Legends is dressing up the Hangzhou Metro in Hangzhou, Zhejiang province. Subway cars, for example, have been done up to look like different LoL regions. As League of Legends (via Twitter user lolweibo) announced through its official Weibo...
Genesis Digital Assets buys 20K Bitcoin miners after $125M raise
31.8.2021
Canaan has also granted Genesis Digital Assets an opportunity to buy up to 180,000 additional BTC mining machines
Chinese banks explore e-yuan for selling investment funds and insurance
31.8.2021
Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens
Chinese Kids Have Their Online Gaming Time Slashed By New Government Rules
31.8.2021
A new rule being introduced by the The National Press and Publication Administration (NPPA), China’s online watchdog, is looking to curb what the government feels is a growing “gaming addiction among young people”.Read more