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Standard Chartered launches blockchain trade platorm with Chinese fintech
30.8.2021
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures' Amelia Ng as CEO
China to ‘maintain a high-pressure situation’ on crypto, official says
27.8.2021
An official at the People's Bank of China saidthat the public should increase their risk awareness and stay away from crypto investments
Record $900 million month for NFT sales as CryptoPunks go stratospheric
27.8.2021
Almost $400 million has been spent on CryptoPunks over the past 30 days
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
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...
Video Games Are "Spiritual Opium," Says Chinese Government-Owned Media
3.8.2021
Tencent stock fell as much as 11 percent today after a Chinese economic paper blasted gaming, referring to it as “spiritual opium” and “electronic drugs.”Read more
China's attempt to kill Bitcoin failed — Here are 3 reasons why
2.8.2021
Bitcoin’s hashrate recovery, steady peer-to-peer markets and the steady volume exhibited by Asia-based exchanges suggest that China’s attempt to ban BTC was ineffective