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Bitcoin hashrate triples since June 28 in recovery from China syndrome

25.8.2021
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown

Chinese province to cut off Bitcoin miners from hydropower stations

23.8.2021
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction

Xiaomi India needs regulatory clarity to embrace crypto, says exec

23.8.2021
According to Xiaomi India managing director Manu Jain, cryptocurrency is an “extremely interesting” area that is doing “exceptionally well.”

Crypto ‘not protected by law,’ rules provincial high court in China

23.8.2021
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens

Bitcoin mining metric that has predicted every big BTC rally since 2020 is flashing again

18.8.2021
The fractal setup appeared at the beginning of the Bitcoin price rallies in January 2019, January 2020, March 2020 and December 2020

People's Bank of China in Shenzhen ‘cleans up’ illegal crypto firms

18.8.2021
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies

People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown

18.8.2021
The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in...

Analysts say $46,500 is the key level for Bitcoin to flip to support

16.8.2021
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend

Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program

16.8.2021
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing...

Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says ‘Decision Was Made Without Knowledge or Approval’

15.8.2021
On August 5, the Mi Store in Portugal announced that it was accepting cryptocurrencies including bitcoin, ethereum, tether, and dash. At the time, the Mi Store Portugal said it was working with the blockchain payments company Utrust in order to be more “inclusive.” However, the Mi Store...

Bitcoin mining difficulty jumps second time as miners settle offshore

13.8.2021
Bitcoin mining difficulty took a second jump following the dip in mid-July as the mining ecosystem continues to turn back online

Singapore to License Digital Payment Providers, Approves Crypto Exchange

8.8.2021
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto...

Binance to restrict derivatives trading for Hong Kong users

6.8.2021
Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users

Bitcoin mining ban in China a 'game changer' for electric vehicle adoption

6.8.2021
Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban

Xiaomi retailer in Portugal now accepts Bitcoin payments

6.8.2021
The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies

Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal

5.8.2021
China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities...

Millions of Latest Antminers S19i Are Ready – BitFuFu Cloud Hashrate Platform Restarts Running Plan

4.8.2021
PRESS RELEASE. Since May 30, the BTC mining difficulty has lowered for 4 times in a row. The mining rig migration is continuing, leading to a surge of incomes in mining farms outside China. With early layout of mining farms outside China, BitFuFu takes the lead to restart running plan and restock...