The municipal government of Chongqing city, China, is mulling the formation of a “blockchain digital asset exchange,” but no one is quite sure what it means.
Apart from attracting more specialized talent with additional funds, the notice said it will focus on building a blockchain ecosystem, which most notably included “establishing a blockchain digital asset exchange.”
With that wording, the effort was initially anticipated by the Chinese crypto community as being a government-backed cryptocurrency exchange, and was then circulated as such among local media and on social networking platform Weibo.
Subsequently, the Chongqing city government’s official website republished the same statement early Friday morning – including mention of the “blockchain digital asset exchange.”
Instead, the blockchain digital asset exchange seems to be a platform that facilitates exchanges of “non-standard assets” that are digitalized through blockchain technology.
South Korea has revealed plans to launch a blockchain center in Busan city modeled on the Swiss Crypto Valley, local news outlet Edaily reported June 14. “We need a place to concentrate on the cryptographic industry in Korea like the Crypto Valley in Switzerland,” Oh said at the event. Located in eastern Busan, South Korea,
A study published Wednesday says at least half of the jump in bitcoin was due to coordinated price manipulation. “Fraud and manipulation often leave footprints in the data and it’s nice to have the blockchain to track things,” Griffin told CNBC.
The entire cryptocurrency market has had a bear pressure-filled week starting from “Bloody Sunday’”as the entire market cap of…
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A pair of bills submitted to Michigan’s state legislature would make it a crime to illegally alter a blockchain record. Under the proposed legislation, this would be extended to “a person that accomplishes a violation…by altering a record made utilizing distributed ledger technology.
The CEO of the global settlement platform Ripple has once again addressed the current state of the blockchain and cryptocurrency industry. Brad Garlinghouse spoke at the 2018 Stifel Cross Sector Insight Conference.
Felix Hufeld, chief of Germany’s financial watchdog, has said blockchain technology is “revolutionary” and its applications could turn the entire financial sector “upside down.
Shri Varun Sethi, who presents himself as a “blockchain lawyer,” requested clarifications from RBI under the country’s Right to Information Act. According to the answers provided, the decision didn’t result from any kind of special research or deliberation by the regulator.
Joseph Lubin spoke at length earlier today about the disruptive potential of blockchain technology. The co-founder of the Ethereum network and blockchain software company ConsenSys was speaking at the MoneyConf in Dublin, the city his company has chosen to open a new office.
Felix Hufeld, a Harvard graduate who started his career as a lawyer then switched into banking to end up as president of Germany’s FSA (BaFin), has compared blockchain technology to...
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Popular crypto influencers in China are facing a harsh reality as Beijing-based social media giant Weibo recently purged 80 of its most prominent crypto influencers. This move comes as China maintains its strict crackdown on cryptocurrency activities within its borders.
The Chinese equivalent of Twitter has reportedly suspended a large number of cryptocurrency-related accounts
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April 29th was undoubtedly one of Bitcoin’s biggest days in months. On this day, the cryptocurrency finally broke from its consolidation pattern under the $7,800 resistance in a strong fashion, reaching $9,000 at the trading session’s highs — more than 15% higher where it had started.
According to multiple estimates based on mining factors, in approximately 20 days Bitcoin will see its next block reward reduction. With this, the 12. 5 coin reward that is minted as each Bitcoin block is mined will drop to 6.
Coinspeaker Bitcoin Price Is Over $10,400 but BTC Dominance Is Down 6% as Crypto Market Cap Hits $300BAs Bitcoin is ranked among the top hot topics by Weibo in China, analysts think the popularity will catalyze its market price to $40, 0000.
As Bitcoin (BTC) breaks past $10,000, it is trending once again in China. The leading cryptocurrency is the 4th hottest topic today on Weibo. Although China seems hostile towards cryptocurrencies, its citizens still seem to be following it closely.
Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17.