Chinese Bitcoin Mining Power Vanishes Overnight
As per research by the Cambridge Center for Alternative Finance (CCAF), China’s mining power vanished for the time being when the crackdown was authorized. It...
Tag : China
More Than $40 Million of Digital Yuan Has Been Scattered By China in Red Envelopes, As Per Reports
China, which has seemingly the most developed computerized money project among driving countries, has so far distributed more than $40 million in red envelopes with...
Chinese Province Sichuan Orders Bitcoin Miner Shutdown
The Sichuan part of the National Development and Reform Commission (NDRC) and the Sichuan Energy Bureau have given a crackdown notice on crypto mining tasks...
China’s Cryptocurrency Mining Crackdown Moves To Southern Western Yunnan
China’s crackdown on digital forms of money has spread to the country’s southwest with a mission against abuse of power by bitcoin diggers in the...
Tencent launches Blockchain Accelerator to Drive Blockchain Adoption in China
Chinese Internet company Tencent has launched a blockchain accelerator to help 30 startups in the implementation of blockchain in various industrial aspects. Chinese Internet giant...
China Bans Two Tech Companies for Exporting Faulty Medical Supplies
China bans two tech companies from exporting medical supplies abroad after international clients return products citing quality issues. As per the latest reports, the Chinese...
Binance Academy Announces Blockchain Research Center in China
Binance Academy is launching a blockchain research and innovation center in Shanghai, China. Binance Academy is the educational wing of global cryptocurrency exchange Binance. It...
China is planning to launch its very own cryptocurrency
China is planning to launch its very own cryptocurrency The official Reserve Bank of China, also known as the Bank of China, has begun to...
Chinese Crypto Investor Alleges EOS Referring it as Total Scam
As per reports, a Chinese crypto investor alleges EOS by referring it as a scam. Precisely, Chen Weixing is a Binance investor and a crypto...
Chinese company loses valuation of its 90% in the mid of crypto-winter
With the emergence of decentralized currencies, China made all its efforts to remain as the focal point of cryptocurrencies’ mining. With the fall of the...