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Chinese Bitcoin Miners Migrate North After Wet Season
10.10.2019
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...
Binance Starts Accepting Fiat Currencies Through Alipay and WeChat
9.10.2019
Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat
Ripple CEO Brad Garlinghouse Shares Views on China’s Cryptocurrency and Facebook’s Libra
9.10.2019
The leading US-based cryptocurrency network and token, Ripple recently garnered limelight because of the interesting statements given by its CEO, Brad Garlinghouse, during his interview on Fox Business. The spearhead gave some crucial inputs concerning the two most highly-anticipated...
Binance Launches P2P Trading for Chinese Yuan
9.10.2019
Major cryptocurrency exchange Binance launches peer-to-peer trading for Bitcoin, Ether and Tether against the Chinese Yuan
China Merchants Bank’s Latest Crypto Partnership Includes STO Investment
8.10.2019
A security token offering for the Nervos Network could help a prominent Chinese banks tap into the DeFi ecosystem
Polychain and a Chinese Bank Are Betting Millions on This Token Sale
8.10.2019
Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem
Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed
8.10.2019
Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial...
Ex-Federal Prosecutor: US Blocking Libra Has National Security Implications
7.10.2019
Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications
Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship
5.10.2019
Four months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current...
US Response to Facebook’s Libra Is ‘Ridiculous,’ says Coinbase CEO
5.10.2019
The U.S. government reacted to Facebook’s Libra “like they almost want to be left behind,” says Coinbase CEO Brian Armstrong
China Merchants Bank Subsidiary Uses Blockchain for DeFi Applications
4.10.2019
China Merchants Bank International is partnering with Nervos to apply blockchain technology to its financial services
CBMI Partners With Sequoia-Backed Startup to Develop DeFi Services
4.10.2019
China Merchants Bank International is partnering with Nervos Network to jointly develop new decentralized finance applications
ArcBlock Partners with Azure to Bring Blockchain Technology in China’s Cloud Services
3.10.2019
Pioneering blockchain platform ArcBlock has officially partnered with Microsoft Azure, operated by China-based 21Vienet, to make its blockchain development ecosystem and ABT Blockchain Node software available to users of Azure cloud services in China. Jean Chen, ArcBlock’s VP said, With Azure...
Digix Listed Its Gold-backed Token DGX on China’s Cryptocurrency Exchange Hotbit
2.10.2019
Digix has listed its gold-backed Ethereum based token DGX on the Chinese cryptocurrency exchange Hotbit. DGX is backed by 99.99% gold bullion from the London Bullion Market, which is the most prestigious platform for buying and selling of the 1 gram of gold is equivalent to 1 DGX token. Gold bars...
NFL Could Pay a Steep Price Owing to US-China Trade War
1.10.2019
The United States-China trade war shows no signs of relenting and in a new development, the National Retail Federation has indicated that it could take a toll on fans of the National Football League (NFL). According to the findings of the National Retail Federation, NFL fans will need to pay a...
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...
Employee Fined For Mining BTC on Nuclear Research Center Supercomputer
28.9.2019
Employee gets fined $7,000 for illegally mining Bitcoin on a supercomputer at a nuclear research center
China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation
27.9.2019
China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says
Bilateral Investment Discussed by India and China at Financial Dialogue Meeting
26.9.2019
The politics among some of the largest economies in the world is complex, and it is particularly so when the nations in question have a history of hostility. India and China have had a fraught and difficult relationship for much of their existence. However, the two nations have been doing business...
Gloom on US Stock Market as Trade Tensions Escalate with China
26.9.2019
The trade war between the United States and China has proven to be one of the most significant political, diplomatic, and economic events of the past decade. It has unleashed immense economic uncertainty on most markets across the world and more so, on the stock markets in the two concerned...