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Bitcoin Trades for a Premium in Hong Kong During Protests
16.6.2019
Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. Since last week, the price...
Chinese City Offers Rent Subsidies, Cash Rewards to Blockchain Businesses
11.6.2019
Fuzhou, China is offering rent subsidies to blockchain businesses in a bid to accelerate the industry’s growth
Russia Is Considering To Create A Financial Center For Crypto Trading On Chinese Border
10.6.2019
Russia is one of the most important crypto markets in the world and has been quite a favorable country. And as per recent reports, the country will set up a financial center for cryptocurrency trading. According to Leonid Petukhov, the head of the agency of the Far East for Investments and Exports...
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
7.6.2019
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares...
Former Ethereum Co-Founder’s New Blockchain Polkadot Might Fall Short Of The $1 Billion Evaluation
6.6.2019
Polkadot has been a long time in the making and was expected to be valued at $1 billion before the launch of its mainnet. However, the target seems to elude Gavin Wood’s brainchild. The blockchain’s managing non-profit company, Web3 Foundation, is trying to raise $60 million since...
Chinese Tech Giant Tencent Bets $40 Million British Fintech Firm True Layer
4.6.2019
The financial technology sector is one of the most important industries to have emerged over the past few years and during that time the United Kingdom has gone on to become one of the most influential countries in terms of Fintech innovation. One of the more interesting Fintech companies to have...
Another Aspiring Satoshi Copyrights the Bitcoin Whitepaper
30.5.2019
The cryptocurrency community got riled up recently over Craig Wright’s U.S. copyright registration of the Bitcoin whitepaper and some of the code from the early software. However, on May 24 the U.S. Copyright Office saw a Bitcoin whitepaper registration by a man named Wei Liu, bringing...
Chinese Authorities to Investigate Illegal Mining Farms at ‘Global Mining Capital’ Sichuan
30.5.2019
Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province
Chinese Citizen Wei Liu Also Claims US Copyright for Bitcoin White Paper
30.5.2019
Another copyright claim to bitcoin’s white paper has been filed by Wei Liu, a Chinese citizen residing in California
Fake News-Fueled Bitcoin SV Pump Reminds of Power of Chinese Investors
30.5.2019
The recent pump of the Bitcoin SV (BSV) price comes as a reminder of the importance of the Chinese investors in the cryptoverse, even if crypto exchanges are banned in the country with population of more than 1.38 billion people.
The price of Bitcoin SV, the infamous hard fork of Bitcoin Cash...
Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining
29.5.2019
According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these...
Pressure Rises on Chinese Economy as Industrial Profits Shrink for April
27.5.2019
The downturn in the Chinese economy and the shrinking of domestic demand has been one of the biggest stories in international economics for the better part of a year. In addition to that, the turmoil brought upon by the damaging trade war with the United States has had its own effect on...
Traders Are Now Banned From Using Localbitcoins Exchange in Iran
24.5.2019
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...
2 Chinese OTC Traders Accused of Illicitly Raising Bitcoin by Promising Interest
22.5.2019
Two Chinese over-the-counter crypto trading chat groups administrators have been accused of illicitly collecting bitcoin for running a loan scheme
Report: Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents
21.5.2019
Chinese e-commerce giant JD has reportedly filed for approximately 200 blockchain patents
Colombo Port to be built by Japan and India, Undermining China’s Belt and Road
21.5.2019
China’s rising influence in Asia and other parts of the world through its Belt and Road initiative has not gone unnoticed. The infrastructure program has come in for a lot of criticism from many nations as they claim that the whole thing is a plan from the Chinese to become one of the most powerful...
Chinese Central Bank-Led Fintech Research Institute Seeks New Blockchain Talent
21.5.2019
A fintech research institute established by China's central bank has posted several new job openings for blockchain talent
Chinese Giant Baidu Records First Quarterly Net Loss Since Listing, Stock Dips
17.5.2019
The fact that Google and many other tech giants are not allowed to ply their trade in China has proven to be a huge book for local tech companies, and over the years, many of those homegrown companies have gone on to become behemoths in their own right. The primary reason behind that hyper-growth...
Donald Trump All Set to Sign Order That Will Ban Huawei from the United States
15.5.2019
One of the biggest fallouts from the tensions between the United States and China has been the former’s accusation against the Chinese telecommunications giant Huawei, that eventually led to its ban in America. The US authorities accused that the telecommunication equipment that is supplied...
The US Starts Legal Process To Impose Taxes On New Chinese Imports
14.5.2019
The US-China trade war which seemed to be end soon after both countries said that the talks were going in the right direction took a turn for the worse on Sunday as US President Trump in a tweet said that the talks were going ‘too slowly’ and that he would impose tariffs on $250 billion …
The...