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Monster Hunter Movie Producers Apologize After Backlash In China
8.12.2020
As Kotaku recently reported, a racist line of dialogue led to thousands of negative online reviews in China and calls to ban the film. The movie’s producers have now apologized.Read more
German Bank to Launch Bitcoin Investment Fund in January
8.12.2020
German private bank Hauck & Aufhäuser says it will launch a crypto investment fund in January next year, allowing institutional and semi-institutional investors to invest in digital assets including, bitcoin, ether, and stellar. ● According to a report on Fundview,...
Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
8.12.2020
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06...
40 Boxes Of RTX 3090 Graphics Cards Stolen From Warehouse In China
8.12.2020
It’s bad enough that bots and scalpers are buying up all the stock of Nvidia’s new graphics cards, but some thieves in China have taken things to the next level and stolen 40 boxes of RTX 3090s, valued at around $340,000, from an MSI warehouse.Read more
China’s Latest Digital Currency Trial Is Its Most Important Yet
7.12.2020
More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou
China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It
6.12.2020
Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online...
Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
6.12.2020
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments
Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution
6.12.2020
The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era
Monster Hunter: World Review Bombed On Steam As Backlash To Movie Grows In China
5.12.2020
In the last 48 hours Monster Hunter: World has received over 2000 negative reviews on Steam after a racist joke in the Monster Hunter film has led to a backlash in China and calls to ban the film. Read more
Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts
5.12.2020
The platform will close all its over-the-counter (OTC) trading services because of the risks related to uncertainties from China’s regulatory policies/
JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery
5.12.2020
Chinese e-commerce firm JD.Com says it's become the first online platform to accept the nation's central bank digital currency
Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply
5.12.2020
While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC...
China's central bank plans digital yuan pilot for payments to Hong Kong
4.12.2020
Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong
China Construction Bank's blockchain bond efforts take a new direction
4.12.2020
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
3.12.2020
Despite ambitions of overtaking the dollar, China's central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand
Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
3.12.2020
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the recent surging Bitcoin prices across the board. China’s Government to Focus on Blockchain Both Sina and Xinhuanet have stated that...
‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos
3.12.2020
Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan
Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
2.12.2020
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain...
Bitmain reportedly cuts off funding to Bitcoin Core developers
2.12.2020
Bitcoin Core touts itself as a direct descendant of Satoshi Nakamoto's original Bitcoin software client
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency