Bitcoin Banning China Starts Falling Out of Favor, Crypto Booming India Brought In

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President Xi Could Crackdown on Chinese Crypto Twitter

Recently, a Chinese student in the United States was arrested in China for his Twitter activity. Given that cryptocurrencies are banned in China, could we see a crackdown of Chinese ‘Crypto Twitter,’ as well? China’s censoring state has gone after its students studying abroad.

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Chinese State Media Says Most ‘Blockchain’ Firms in China Are All Hype, No Code

China: More than 32,000 Chinese companies claim to use blockchain technology, while the real number is less than 10% of that

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Distributed Dialogues: Political Censorship in China

On the latest episode of Season 2 of Distributed Dialogues, the hosts took a deep dive into the state of political repression in the People’s Republic of China.

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Major Chinese Telecom Companies to Launch a Collective Blockchain Research Group

Chinese telecom trio, China Mobile, China Telecom, and China Unicom have joined forces to propel the development of blockchain applications in the Chinese telecommunications industry, which will help in razing operating costs and provide unparalleled network security to all their customers.

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China Round-Up: Permissive Regulations Advocated, 3 Million Chinese HODLers, Xiaolai Recording Leaks

In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed bitcoin […] The post China Round-Up: Permissive Regulations Advocated, 3 Million Chinese HODLers, Xiaolai Recording Leaks appeared first on Bitcoin News.

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China Round-Up: Scholar Advocates Permissive Regulations, 3 Million Estimated Chinese HODLers, Xiaolai Recording Leaks

In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed bitcoin […] The post China Round-Up: Scholar Advocates Permissive Regulations, 3 Million Estimated Chinese HODLers, Xiaolai Recording Leaks appeared first on Bitcoin News.

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Cloud provider Xunlei launches new blockchain file system!

Chinese technology company Xunlei Limited, known to some as the BitTorrent of China, announced Friday that it has launched a new distributed file system aimed at supporting blockchain platforms. The ThunderChain File System (TCFS), as well as three ThunderChain Request for Comments (TRC) standards, will help support blockchain development, the company said in statements. The

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China Crypto-Whale Li Xiaolai Assaults Binance, TRX, NEO and QTUM in Leaked Audio

The Great Chinese Crypto-Whale Assaulted Binance, Big. One NEO, TRX and QTUM As if it were the story of Moby Dick frustrating the plans of the Pequod against Ahab, Ishmael and Queequeg; in the same way, the biggest crypto-whale in China “hits” Binance, NEO, TRX, QTUM and Big.

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Blockchain to Reach Wide Adoption in Many Chinese Industries within Three Years - MIIT Institute

Blockchain is growing in popularity in China permeating multiple industries and its adoption is expected to further expand in the next three years.

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Heavy Rainfall in China, Thousands of Miners Reportedly Damaged

According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China.

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Crypto News Weekly 06.07.18: Malta Crypto Island, Bitcoin Chinese Floods and IBM blockchain win

IBM wins a massive Australian blockchain contract, Bitcoin miners flooded in China, India and Iran wage crypto war and Malta vies to be crypto No1

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Baidu Will Unveil Totem Rewards by Mid-July for Their Blockchain-Based Photo Service

China Money Network reports that Chinese search engine giant Baidu is set to unveil its new blockchain layout and Totem Rewards for its blockchain-based photo service, Baidu Totem. The company recently announced that the two new features would be unveiled on July 18.

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Bitcoin’s Ranking Drops to 17 in China’s Crypto Review

We spoke with the leader of a Chinese blockchain assessment initiative to ask why Bitcoin ranks so low and EOS suddenly takes the top spot in its analysis of 30 coins.

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Neo (NEO) Decentralization Move Brightens Up Its Future Prospects

Neo (NEO) price shot up to join the top 10 league soon after its announcement of electing a consensus node. This move comes at a time when critics, despite being aware of Neo (NEO)’s superior technology as the “Chinese Ethereum”, have often attacked the project for being too centralized.

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Chinese Bitcoin Billionaire Rips NEO, Tron, and Binance’s CEO in New Leaked Audio

Nearly an hour of secretly recorded audio of Chinese Bitcoin Billionaire, Li Xiaolai, has been leaked onto the internet today. Translations of the recording reveal shocking statements about major players in the cryptocurrency community, including NEO, Tron and Binance.

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Chinese Crypto Firms Unfazed by Bans, Eye Sector Innovations

Chinese exchanges never really left, but transformed - and in fact, China once again becomes the engine behind the growth of crypto.

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MyCrypto Wallet Criticizes China’s FCoin Exchange For Ethereum Spam and Congestion

One of the most popular Ethereum and ERC20 token wallets ever created, MyCrypto, has heavily criticized FCoin, a Chinese Cryptocurrency Exchange, for congesting the Ethereum network with meaningless transactions recently.

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IONChain: Ushering in the Future of CIoT with Edge Computing

According to Forecast and Analysis of Expenditure on Chinese IOT Platforms released by IDC, a well-known US market research institute, China’s IoT market will rank the first in the word with 6. 22 billion US dollars (41.

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Extreme AI Surveillance Enables Chinese Schools to Trace Students’ Emotions

Several middle and high schools in China have been utilizing advanced artificial intelligence (AI) and machine learning systems to evaluate the emotions, thoughts, and performance of students in class.

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Cryptocurrency Exchange BTCC Relaunches Its Trading Platform

Chinese cryptocurrency exchange BTCC has announced the official relaunch of its trading platform, while also suggesting that it will eventually offer its own token.

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Bitcoin [BTC] miners take a hit after Chinese floods in Sichuan

Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output.

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70% of China’s Bitcoin mining facility damaged due to heavy floods

Overview Southwestern Chinese province, Sichuan has just been struck with heavy storms bringing damaging floods which have wiped out many Bitcoin mining machines. China is known for being a world-wide leader in Bitcoin mining as they have cheap electricity, excess coal, and most of the leading Bitcoin mining pools situated there.

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Hong Kong VC Firm Invests $160 Million in World’s First Security Token Exchange

A Hong Kong venture capital firm has reportedly agreed to invest $160 million in Chinese security token exchange tZero. As reported by China Money Network, Hong Kong-based GSR Capital has entered into a $160 million purchasing agreement with the security token exchange tO.

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Bitcoin Hashrate Drops as China Floods Knock Out ‘Tens Of Thousands’ of Miners

Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners.   Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output.

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BTCC CEO Bobby Lee: Investors in China are Still Trading Crypto Even After Bitcoin Ban

At the Blockchain Open Forum in Seoul, South Korea, China’s first crypto exchange BTCC CEO Bobby Lee said that investors in China are still trading cryptocurrencies even after the Chinese government imposed a ban on crypto trading in September 2017.

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Chinese Bank PBoC Files Digital Wallet to Track Crypto Transactions Patent

China’s central bank, the so called People’s Bank of China, has presented a patent application for a wallet that consumers are able to use so as to track cryptocurrency transactions. The patent has been sent to China’s State Intellectual Property Office (SIPO) during the last week. In the last year, China has been one of […]

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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t

Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week.

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Chinese Investors May Consider ICO’s As Alternative Form of Investment After US Ban

If the Trump administration bans China from investing in US tech companies, then it’s possible that the Chinese may invest some of those funds into ICO’s. The spare funds may also be invested in their existing crypto assets such as NEO, QTUM, and TRON.

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Blockchain Can Legally Authenticate Evidence, Chinese Judge Rules

A court in China's Hangzhou city has ruled that evidence authenticated with blockchain technology can be presented in legal disputes.

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Miners in China arrested during round up, IPO in HK

Mining In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian

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Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China

In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian exclave […] The post Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China appeared first on Bitcoin News.

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Bank Regulator Proposes Chinese Crypto License In Research Paper

A research paper from China's banking regulator suggests the country should let ICOs operate legally under a financial regulatory framework.

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China Releases Updated Crypto Index: EOS on Top While Bitcoin Falls Out of Favor

The China Center for Information Industry Development (CCID) released the second iteration of its monthly Global Public Chain Technology Evaluation Index. As part of the Ministry of Industry and Technology Information, the CCID is releasing the monthly reports on behalf of the Chinese government.

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Tencent and Chinese Government Agencies Form China Blockchain Security Alliance

With the increasing integration of blockchain technology into the mainstream life, guarding it against potential issues and threats such as cyber-attacks is now quickly becoming an increasingly important issue that must be faced head-on.

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Bitcoin dropped by China’s crypto ratings index and puts EOS in top slot

Just days prior to launch, EOS had also seen serious bugs raised by a Chinese internet security firm that required urgent patches to be issued. The report said that loopholes in EOS’ code could expose nodes to attackers, giving them the ability to possibly take “full control” of transactions. In its assessment, the CCID blockchain research team

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IPO filed in Hong Kong by Top Chinese Bitcoin Miner Manufacturer

Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, June 25.

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Leading Chinese Bitcoin Miner Manufacturer Files for IPO in Hong Kong

One of China’s largest Bitcoin mining hardware makers, Ebang Communication, has filed an application for an IPO with the Hong Kong Stock Exchange

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China’s New Crypto Rankings – EOS First, Ethereum Second, Bitcoin Drops to 17th

The ranking of cryptocurrency projects by the Chinese government has been revised with two new crypto projects added. EOS tops the overall list of 30 crypto projects; Ethereum fell to second place while Bitcoin dropped to 17th place.

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Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.

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Experts Claim Most Smaller Chinese Crypto Exchanges Will Shut Down Soon

China lost its dominant position in the cryptocurrency markets quite some time ago. That is the direct result of the People’s Bank of China preventing users from trading cryptocurrencies with the Chinese yuan.

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Smaller Chinese Crypto Exchanges Could Shut Down Soon, Experts Say

Small exchanges in China are finding it very difficult to attract customers and could likely shut down soon. Local news sources reported that the top 14 exchanges in the country grab over 73% of the total transaction value.

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Ethereum Co-Founder Tips These Cryptocurrencies to Be The Next Big Thing

A new report out by Asia Times discusses how Anthony Di Iorio, the co-founder of Ethereum see’s a big future in two blockchain projects from China, projects that the Canadian billionaire is feeling very bullish towards indeed.

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EOS Ranked 1st, Bitcoin 17th in China’s Updated Crypto Ratings

China has released the second edition of its state-endorsed cryptocurrency and Blockchain ratings, placing Chinese altcoin EOS top of the list and Bitcoin 17th. EOS, Ethereum And NEO Win Official Favor Round two of the Global Public Chain Technology Evaluation Index, published by the China Center for Information Industry Development (CCID) under China’s culture ministry June 20, follows the initial launch of the ratings series in May.

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Chinese Police Arrest Bitcoin Miner Who ‘Stole’ 150 MW of Electricity

A Bitcoin miner who failed to pay a 150 megawatt electricity bill has been arrested by police in China’s Anhui Province

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Chinese Gov’t Partners With Tencent on New Blockchain Security Alliance

Chinese officials are partnering with Tencent on a new Blockchain Security Alliance, announced at yesterday’s China Blockchain Security Forum in Beijing

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Block secure

Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues. The firm’s vice president, Bin Ma, announced the formation of the China Blockchain Security Alliance during the China Blockchain Security Forum in Beijing on Thursday, according to a report from ChinaNews, a state-owned media outlet. The forum, hosted by the government-backed

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Billionaire Ethereum Creator Bullish on Chinese Blockchain Projects Qtum and VeChain

Ethereum co-founder is looking to China for his next big investments, likes Qtum and Vechain and still believes strongly in Bitcoin. Shopping for Bargains Anthony Di Iorio who currently runs Decentral an “Innovation Hub” in Toronto which focuses on blockchain projects and is the creator of the Jaxx cryptocurrency wallet made his money as an.

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Craig Wrigh Directed as Satoshi in Chinese University Textbook

News According to reports a Chinese economics textbook that’s used in some of China’s leading universities states that the notorious Dr. Craig Wright is Satoshi Nakamoto, the creator of Bitcoin. The university textbook authored by Frederic Mishkin calls Wright an “Australian geek” who invented the cryptocurrency bitcoin almost ten years ago. Also Read: “I Am the

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