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TikTok Has 1st Viral Bitcoin Video as Owner Launches DLT Venture
TikTok records the first viral Bitcoin video after the firm’s owner reportedly launched a blockchain-related venture in China
дальше »2019-12-17 23:48
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Chinese Bitcoin Miners Control Two-Thirds of Global Hashrate
Chinese Bitcoin miners have extended their share of the global hash rate. Currently, they control two-thirds of Bitcoin’s processing power, Reuters reported yesterday, citing a research by CoinShares. дальше »
2019-12-12 16:06
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Study: China’s BTC Miners Control 66% of Global Hash Rate
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
дальше »2019-12-11 22:29
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China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
дальше »2019-12-11 16:03
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Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
Tech billionaire Wu Jihan has reappeared at the helm of Beijing-based mining giant Bitmain
дальше »2019-12-11 00:20
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China’s Blockchain Revolution Helping Cut out US Tech Companies
While it might appear as if the China-US trade war has seemingly simmered down, there is still a lot of animosity between the two camps. Reports are now coming in that the Chinese government is banning workers from using technology products made by United States companies. дальше »
2019-12-11 00:18
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Chinese Inflation Jumps to 4.5%, Highlighting Bitcoin’s Scarcity
China’s inflation rate has jumped to 4. 5 percent for the month of November — highlighting the value proposition of deflationary currencies, like Bitcoin. China is notoriously hostile to cryptocurrencies, despite its government’s commitment to blockchain. дальше »
2019-12-11 18:40
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China Too Dependent on Foreign Blockchain Tech, Claims National Finance Senior
Li Lihui, the previous president of the Bank of China and current leader of the National Internet Finance Association (NIFA), recently told reporters that China is too dependent on foreign blockchain technology. дальше »
2019-12-9 16:05
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BIS Fears Central Banks May Lose Relevance to Private Cryptos
For Agustin Carstens, head of the Bank of International Settlements (BIS), central banks cannot concede their roles as gatekeepers of the global financial system to private cryptos. Meanwhile, authorities in the U. дальше »
2019-12-6 19:12
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China’s Digital Currency Claims to Have 220,000 Transactions-Per-Second
China is looking to use a blockchain-based digital currency to surpass the U. S. dollar in global dominance. However, its claimed transaction speed is raising eyebrows. An arms race of stablecoins will soon be upon us as the geopolitical climate heats up. дальше »
2019-12-7 16:34
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OKCoin Founder Appears on Chinese TV Despite China’s Exchange Crackdown
China’s crackdown on cryptocurrency exchanges reached new heights recently as 173 of them were shut down last month. However, the blockchain revolution is growing in China, and with OKCoin’s founder, Star Xu, appearing on Chinese CCTV1, rumors are growing that some businesses may be granted institutionalized permission to operate as exchanges. дальше »
2019-12-4 21:25
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Binance’s CZ: This Vibrant Country Is One of the Fastest-Growing Crypto Nations
CZ has big plans for “second Rome”
дальше »2019-12-3 21:59
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China: Crypto Exchange IDAX Locks up Cold Wallet as CEO ‘Goes Missing’
IDAX exchange halts deposits and withdrawals after CEO vanishes
дальше »2019-11-30 13:07
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China Experiences Second Major Bank Run This Month, Further Highlighting a Need for Digital Currencies
China’s Yingkou Coastal Bank was forced to stack yuan behind the counter recently as it struggled to meet withdrawal demands. This is a problem that China has faced multiple times in the past month throughout the country. дальше »
2019-11-29 18:15
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Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail
Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment
дальше »2019-11-27 23:18
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Former People’s Bank of China Chairman Outlines 3 Use Cases for the Digital Yuan
Zhou Xiaochuan, the former Chairman of the People’s Bank of China, told reporters that implementation of the digital Yuan would involve a multi-step process. He recently outlined three key areas where the digital Yuan will find its most immediate use case. дальше »
2019-11-27 20:18
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Crypto Market’s Overreaction to Xi’s Blockchain Remark Prompts Tougher Crackdown
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China. дальше »
2019-11-26 19:50
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89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report
89% of China’s blockchain firms have tried to issue their own token or crypto, according to a senior exec at a local blockchain association
дальше »2019-11-26 18:33
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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms
China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »
2019-11-25 16:06
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Bitcoin Crash Caused by Chinese Cryptocurrency Crackdown, Claims CNBC Guest
Brian Kelly, the founder of Brian Kelly Capital, suggested that the anti-cryptocurrency regulatory moves by China caused Bitcoin to take a drop substantially. We are in the midst of a ‘digital arms race,’ he claimed. дальше »
2019-11-25 11:15
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Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report
Alibaba’s filmmaking arm Alibaba Pictures signed an agreement with SingularDTV to tokenize the distribution rights of its new movie
дальше »2019-11-22 16:01
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China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets
The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate disposal of cryptocurrency exchanges. The post China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets appeared first on CCN.com дальше »
2019-11-22 15:54
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Cryptocurrency Regulations Tighten as People’s Bank of China Further Restricts Trading
The People’s Bank of China head office has just made a new regulatory update which clarifies the legal situation for cryptocurrency trading in the country. China is pushing its policy of ‘blockchain, not cryptocurrencies’ to the extreme with a fresh round of regulatory stipulations for the industry. дальше »
2019-11-22 15:26
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Bithumb Quashes Shanghai Office Closure Rumors After Binance Denial
Crypto exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices
дальше »2019-11-22 01:50
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China Hype Implodes as Bitcoin Completely Retraces to Pre-Rally Levels
Bitcoin shows signs of a pump-and-dump scheme. A renowned analyst says BTC… The post China Hype Implodes as Bitcoin Completely Retraces to Pre-Rally Levels appeared first on CCN.com дальше »
2019-11-22 00:08
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China’s ‘Silicon Valley’ Tightens Regulatory Controls on Illegal Cryptocurrency Trading
The Chinese city of Shenzhen, often called the country’s ‘Silicon Valley,’ has reportedly instated new regulatory controls targetting cryptocurrencies. A new legal framework was instituted in the city of Shenzhen recently, a major city in China’s Guangdong region. дальше »
2019-11-22 17:10
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China Launches Blockchain Standardization Committee as it Warms up to New Trends
China has announced the launch of a variety of technical committees for standardization of several industries. The committees will focus on the sharing economy, children’s products, and, most notably, blockchain technology. дальше »
2019-11-20 18:32
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Blockchain Tech Used as Part of Chinese Calligraphy Exhibition in New York
Blockchain technology has been given a somewhat unusual demonstration in New York City this week. Organisers of a traditional Chinese calligraphy exhibition have used the data sharing innovation to prove the authenticity of works on display. дальше »
2019-11-20 01:00
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Chinese Media Outlets Issue a Stern Warning About the Blockchain Frenzy
A rising number of companies in China are claiming to be related to blockchain technology. Multiple media outlets have issue warnings to put an end to the frenzy. The Chinese government vows for blockchain, not cryptos. дальше »
2019-11-20 17:05
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Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account
The importance of Bitcoin’s non-seizability has been highlighted yet again as HSBC closes an account reportedly used to fund Hong Kong protestors
дальше »2019-11-20 12:44
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China’s Mobile Payments Show ‘Why Bitcoin Will Succeed’
China is leaping ahead into becoming a fully cashless economy. That’s why it will soon find that it can’t do so without incorporating Bitcoin and other cryptocurrencies. China has become cashless and blockchain-friendly. дальше »
2019-11-19 00:25
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China May Use Crypto to Incentivize its Army: Pump Incoming?
China may use blockchain to organize and incentivize its military Could China’s embrace of blockchain cause another pump? The people’s republic softens its stance on crypto. China’s latest blockchain initiative could see its army rewarded in cryptocurrency tokens. дальше »
2019-11-19 23:22
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China Launches Digital Bank Consortium Blockchain Investment Fund
A fintech company in China has launched a global digital bank consortium blockchain investment fund with the aim of creating a leading digital bank. China Turning Digital Cao Tong, Chair of Shenzhen’s Hande Financial Technology Holdings Co. дальше »
2019-11-19 20:01
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What Powers China’s Crypto Mining Industry, and Is It Sustainable?
China is at the forefront of the burgeoning crypto mining industry, but as environmental concerns loom, its sustainability has come into question
дальше »2019-11-16 10:50
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China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns
China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector. дальше »
2019-11-16 20:17
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Chinese VeChain Tea Traceability Platform Gets Official Seal of Approval
VeChain continues its meteoric rise following Chinese government endorsement of a VeChain-based tea traceability platform
дальше »2019-11-15 15:06
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Bitcoin’s Difficulty Falls As Miners Capitulate; Will They Survive the Halving?
On Nov. 8, bitcoin’s mining difficulty fell for the first time in 2019, but what does this mean for the industry going forward? On Monday, bitcoin’s mining difficulty adjusted itself down by 7%, making it easier for miners to solve algorithms, and thus mine blocks. дальше »
2019-11-14 17:00
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China’s Digital Currency Will Allow Consumers ‘Controllable Anonymity’
The People’s Bank of China (PBOC) is the first major central bank to hint at issuing its own digital currency. Consumers fear an end to the anonymity of cash, but officials say that their goal is ‘controllable anonymity’. дальше »
2019-11-13 09:32
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China’s Communist Party Mouthpiece Hails Bitcoin as First Successful Application of Blockchain
The Chinese government’s previously-hostile posture against Bitcoin continues to dilute even more as we enter a new week. The latest development on that front comes via a column published in the Monday edition of Xinhua Daily, a publication that has the distinction of being the first public newspaper by the ruling Communist Party of China […] The post China’s Communist Party Mouthpiece Hails Bitcoin as First Successful Application of Blockchain appeared first on BeInCrypto. дальше »
2019-11-11 16:12
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Did Xi Jinping Impact the Price of Bitcoin?
BTC sentiment is a key market driver. Following Xi Jingping’s positive comments on blockchain a narrative that the news will drive price growth has emerged. A look at search trends between Bitcoin, gold, and China provides additional insight. дальше »
2019-11-9 04:37
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Chinese Police Hold MicroBT CEO Allegedly Over Dispute With Bitmain
Bitmain rival’s CEO held for question since the end of October according to a local report
дальше »2019-11-9 18:11
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Shanghai Enters Blockchain Alliance as China Urges Industry Transformation
The Chinese efforts to bring about the adoption of blockchain technology are ramping up following the formation of a new “blockchain alliance” to drive forward real-world solution implementation. дальше »
2019-11-8 02:22
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China’s Central Bank Supports Blockchain, but Here’s Why It Won’t Impact Crypto Prices
The People’s Bank of China (PBOC) and the Shanghai commerce commission have issued a joint statement signaling their support for blockchain use in commerce. China Goes All-In on Blockchain According to the agencies, decentralized technology can be used in trade finance to resolve asymmetries and validate transactions. дальше »
2019-11-8 23:46
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Bank of China Rolls out Blockchain to Streamline Insurance Claims
In line with China’s recent formal endorsement of the technology, one of the largest state-owned financial institutions has just launched its own blockchain. The new Bank of China platform aims to increase transparency and efficiency across the nation’s insurance industry The insurance blockchain solution is the product of the bank’s insurance management IT department and […] The post Bank of China Rolls out Blockchain to Streamline Insurance Claims appeared first on BeInCrypto. дальше »
2019-11-7 22:15
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China’s Updated Policy Will No Longer ‘Eliminate’ Cryptocurrency Mining
China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology. дальше »
2019-11-6 13:18
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China Backtracks Stance on Cryptocurrency Mining After New Guidance Document
The National Development and Reform Commission of China appears to had a change of heart on cryptocurrency mining. In the 2019 version of the Industrial Structure Adjustment Guidance Catalogue, cryptocurrency mining is no longer considered an industry that needs to be eliminated. дальше »
2019-11-6 12:14
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Chinese Government Unveils New Blockchain-Based ID System for Smart Cities
Three partnering institutes in Shijiazhuang, China have published an independent ID system for the country’s future smart cities. The initiative will be managed, of course, by the government. дальше »
2019-11-6 20:10
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China Introduces Blockchain-Based Identification System for Cities
China developed a blockchain-based city identification system for its smart city infrastructure
дальше »2019-11-6 04:50
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Chinese State Media: ‘Innovation in Blockchain Not Equal to Virtual Currency Speculation’
The Chinese Communist Party’s main media outlet, the People’s Daily, has just published commentary on blockchain technology. The article extols blockchain’s promise but warns against speculative cryptocurrencies. дальше »
2019-11-5 15:10
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More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars
Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations — statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate — with others, including the United States and Russia, lagging far behind with roughly five percent […] The post More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars appeared first on BeInCrypto. дальше »
2019-11-1 21:29
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