Daniel Batten, a Bitcoin environmental impact analyst stated that despite widely spread news, Bitcoin mining was only temporarily suspended in China. China’s mining activities have contributed to 15% of the…
Browsing: China
Presidents of the two leading economies in the world and pioneers of the BRICS alliance have met in person for a two-day summit aimed at strengthening their ties. The two…
Bitcoin Asia in Hong Kong had over 5,500 attendees, half of whom came from China, where the government has been cracking down on crypto for years. The organizers say the…
Months after the US Securities and Exchange Commission approved its first-ever spot Bitcoin ETF, Hong Kong’s Securities and Futures Commission (SFC) is reportedly on the verge of agreeing on a…
Hong Kong is ready to approve a Bitcoin ETF next week that could usher in a new wave of Chinese investors looking for alternative investment options. The launch of a…
China reiterates bearish sentiments against Bitcoin PBOC ensures that Chinse residents cannot trade Bitcoin ETFs In a recent report, a local newspaper Economic Daily, which is also owned by the…
A former advisor to Ethereum has accused Gary Gensler of being deeply involved in the Ethereum world and covertly using Prometheum to designate ETH as a security amid ETF applications.…
China’s CCP’s dominance in the Ethereum ecosystem remains a topic of concern for community members. According to TruthLabs, CCP is the largest hidden whale on the network. Cryptocurrency community members…
China is known to have banned crypto-related transactions, however, it is reported to have developed a soft spot for blockchain with VeChain making a huge presence within the region. VeChain…
London trial investigates a Bitcoin money laundering scheme linked to a $6.3 billion fraud affecting 130,000 Chinese investors. Key figures: Wen Jian faces charges related to laundering, while Zhang Yadi…
• As inflation rises and threatens the stability of the global economy, Chinese investors are counting on Bitcoin as a safer alternative. • Despite the current crypto ban in China,…
Hong Kong-based DGS made history by issuing the first-ever digital stamp in China on Polygon in partnership with the China Post. The move combines the on-chain digital capabilities of the…
The mBridge project for cross-border CBDC payments is changing the Consensus protocol to the new Chinese blockchain consensus protocol. Using Ethereum’s Solidity smart contract language and the Ethereum Virtual Machine,…
China hits a milestone in its digital yuan development as it opens its first business and industrial park in the city of Shenzhen. $13.7 million has been allocated to promote…
A Filecoin mining company has been charged with luring people with high profits and defrauding them through dubious means. Shenzhen Shikongyun Technology reportedly established some websites to promote their operations…
A new cross-border payment solution mBridge is being explored by China, Thailand other others. The payment bridge has a primary goal of bypassing Dollar settlement schemes. A collaborative effort between…
Binance has been accused of assisting Chinese nationals to evade restrictions despite the crypto ban in the region. Users reportedly trade $90 billion in crypto-related assets on the exchange in…
According to a new survey, developed economies are more closed off to CBDCs. Emerging markets like China and India are more open to CBDCs. Central Bank Digital Currencies, commonly known…
Zhaojun, the CEO of Multichain, was arrested by Chinese officials. Zhaojun’s sister was also taken into custody, after allegedly tampering with users’ funds. Multichain, a leading cross-chain router protocol, has…
The Vice President of The New Development Bank debunks claims that the BRICS is launching a new U.S. Dollar rival. Leslie Maasdrop maintains that the alliance is solely focused on…