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China expels party official for supporting crypto mining firm
China has again demonstrated its anti-crypto position by relieving one of its officials from his position because he violated the country’s policies on digital assets. The post China expels party official for supporting crypto mining firm appeared first on CryptoSlate. дальше »
2021-11-16 17:37 | |
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China Has the Secret to Fulfilling Elon Musk’s Affordable EV Pledge
Tesla could spearhead mass adoption of its vehicles by turning to cheaper cobalt-free batteries. Will Elon Musk's firm make the transition? The post China Has the Secret to Fulfilling Elon Musk’s Affordable EV Pledge appeared first on CCN.com дальше »
2020-2-19 03:12 | |
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China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11. дальше »
2020-1-13 05:30 | |
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Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1. дальше »
2020-1-12 00:15 | |
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$80 Billion Asset Management Firm Files First Blockchain ETF With China’s Security Watchdog CSRC
The China Securities Regulatory Commission (CSRC) has received an exchange-traded fund (ETF) listing application for a project that tracks blockchain-based stocks as underlying assets. Called the Penghua Shenzhen Stocks Blockchain ETF, the application was accepted on December 24 by the CSRC and was filed by the Shenzhen headquartered asset management company Penghua Fund. What the […] дальше »
2019-12-30 18:41 | |
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VeChain scores new partnership while VET tumbles
VeChain is seizing the opportunities presented in China after President Xi Jinping vowed to put the nation at the forefront of blockchain technology. The firm recently scored a partnership to accelerate the development of the tea industry in one of the most populous provinces in the country. дальше »
2019-12-18 15:00 | |
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Libra, China's CBDC may test separation of money and state
Venture capital firm Blockchain Capital recently published its State of Crypto 2019 report, with a section of the publication giving an in-depth look into CBDCs, Libra, and the state of cryptocurrencyThe post Libra, China's CBDC may test separation of money and state appeared first on AMBCrypto. дальше »
2019-12-13 14:30 | |
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Bitcoin Mining Centralization Reaches Record Levels, Majority China
Chinese Bitcoin miners now control a record proportion of the network’s hashrate, according to new research. An estimated 65% of BTC mining now happens in China. CoinShares, a digital asset investment fund, noted this high since the firm started monitoring the network in late 2017. дальше »
2019-12-13 01:46 | |
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Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. дальше »
2019-12-13 23:30 | |
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Indian Firms Big on Blockchain But Gov’t Still Myopic on Crypto
It appears that the Indian government is mirroring China’s movements with regards to blockchain and cryptocurrency. A huge project by Indian mobile network operator, Reliance Jio, plans to roll out the country’s largest blockchain platform, yet lawmakers remain myopic about cryptocurrency. дальше »
2019-8-12 14:00 | |
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Crypto trading firm GSR appoints Xin Song as advisor for expansion into China
Crypto trading firm GSR appoints Xin Song as advisor for expansion into China » CryptoNinjas GSR, a cryptocurrency liquidity services and order execution firm, today announced the appointment of Xin Song as a specialist advisor to oversee expansion into Mainland China. дальше »
2019-8-2 21:50 | |
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Chinese Bitcoin Mining Firm Canaan Is Rumored To Have Filed For IPO In The US: IFRAsia Findings
A major Bitcoin (BTC) miner manufacturer from China called Canaan Creative is rumored to have just filed for an Initial Public Offering (IPO) in the United States. According to IFRAsia, some inside sources have claimed that the Chinese company wants to be listed on the U. S. and has the goal of acquiring $200 million […] дальше »
2019-7-31 22:17 | |
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Police Called to TRON (TRX) Offices in China; Angry Mob Accuses Firm of Fraud
The latest buzz on Twitter is the supposed police raid of the TRON offices in China. This was eventually found to be false, however, as the police were instead called to protect employees from the wrath of an angry mob. дальше »
2019-7-9 11:00 | |
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Blockchain Media Firm Cailu Of China Raises $10 Million USD To Advance Project Developments
Reports confirm Cailu, a Chinese blockchain media firm, raised $10 million USD in a series A round funding led by one of the top VC firms in Singapore, GCBI Ventures. The blockchain firm aims to improve the media content sharing protocols on the internet using the funds raised. The Series A round included a Singapore-based […] дальше »
2019-7-7 19:22 | |
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Bitcoin (BTC) Firm Adding 19.3%, Iranian Authorities Seize Mining Gear
Bitcoin (BTC) up 19. 3 percent China changing its wordings on Bitcoin Steadfast as they are, Bitcoin bulls could get a shot in the arm in days ahead. That’s albeit news of Bitcoin mining gear seizure in Iran. дальше »
2019-6-29 21:00 | |
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Ex-Bitmain CEO Jihan Wu Unveils China’s Future Bitcoin Monopoly
By CCN: Bitcoin billionaire and former Bitmain CEO Jihan Wu is set to launch a new crypto trading platform next month that could eventually be granted a monopoly by the Chinese government. Jihan Wu Reveals New Path in Wake of Bitmain IPO Disaster Wu’s project, called Matrix, will be a custody and trading firm with substantial ties to Bitmain, one of the world’s largest crypto mining conglomerates. дальше »
2019-6-5 19:34 | |
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Fake News Circulating in China Suggested to Be Responsible for Bitcoin SV Price Surge
The cause of yesterday’s bitcoin sv price surge may be due to fake news, according to crypto investment firm Primitive Ventures co-founder Dovey Wan
дальше »2019-5-30 17:13 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital
By CCN: Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. In his May 20 legal filing with the High Court in Hong Kong, Zhao claims Sequoia Capital China prevented him from raising capital between Dec. дальше »
2019-5-24 02:00 | |
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Binance’s CZ Seeks Compensation From Sequoia for Alleged Reputational, Financial Damage
Changpeng Zhao is seeking damages from VC firm Sequoia Capital China for having ostensibly hurt his reputation and unjustly prevented him from raising capital
дальше »2019-5-23 14:30 | |
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Bitcoin OTM in Beijing Lasted Less Than a Week Under Regulatory Pressure
This article was originally published by 8btc and written by Lylian Teng. Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was removed shortly after its installation. дальше »
2019-5-21 19:11 | |
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During Bullish April, Fiat-to-Crypto Exchanges Outperform Crypto-to-Crypto
In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board. дальше »
2019-5-21 20:48 | |
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Tesla Stock Plunges 22% in 1 Month as Trump Trade Fallout’s Biggest Loser
By CCN: In less than one month, the share price of the Tesla stock has dropped from $273 to $211 by more than 22. 7 percent following the fall out of recent trade discussions. While Tesla bulls remain optimistic about the long-term prospect of the firm, some strategists are concerned about the cash flow of the business and the performance of the company in key markets such as China. дальше »
2019-5-20 15:47 | |
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Bitcoin Proves to Be a Hedge to Investors During ‘Stressful Trade Wars’
By CCN: The U. S. /China trade war stage has been set with no finale in sight, and the unlikely beneficiary appears to be bitcoin. While it’s still early days, the crypto is emerging as a viable global hedge. дальше »
2019-5-15 20:00 | |
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HTC Pulls Smartphone from Two Major Chinese E-Commerce Platforms
HTC has disintegrated sales of its smartphones from major Chinese e-commerce stores after being edged out by new domestic smartphone producers in the market, as reported by South China Morning Post, May 13, 2019. дальше »
2019-5-14 13:00 | |
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Bitcoin [BTC]: Blockchain and industrial cannabis are the future, claims Chinese blockchain organization
The mainstream adoption of cryptocurrencies, especially Bitcoin [BTC], has been the sole purpose of many organizations, with some famous institutions testing the waters too. The latest news from China however, revealed that a blockchain firm would choose cannabis as its core product, over the world’s largest cryptocurrency. дальше »
2019-5-3 16:00 | |
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China-based Blockchain Investment Firm Diversifies with Cannabis
A Chinese blockchain investment firm listed in Hong Kong recently announced that it was looking at the cannabis sector following bitcoin’s price struggles in 2018. As reported by South China Morning Post, the company says it wants to diversify its investment portfolio. дальше »
2019-5-3 23:00 | |
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HK Investment Firm Pivots to Cannabis After 2018 Bitcoin Bear Market
A Hong Kong-based blockchain investment firm is planning to take up a position in the cannabis market as a way of diversifying its Bitcoin investment portfolio. Diversifying with Cannabis According to the South China Morning Post (SCMP), the Hong Kong-listed Grandshores Technology plans to take up investment positions in cannabis stocks. дальше »
2019-5-2 19:00 | |
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Chinese blockchain firm swaps Bitcoin for cannabis in search of new highs
Following the effects of the crypto-winter, one Chinese firm has been forced to diversify its business model away from blockchain. It’s chosen industrial hemp as the next addition to its portfolio. дальше »
2019-5-2 11:51 | |
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Why CIO of Major Investment Firm Says Tesla’s Stock is Going to $4,000
By CCN: Tesla (TSLA) has had a poor first quarter in 2019, suffering from various occurrences such as the reported explosion of a Tesla Model 3 in China and a big miss on earnings. From January to March, Tesla was expected to generate a revenue of $5. дальше »
2019-5-2 01:45 | |
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Tesla Embarrassed by Major Chinese Buyer in Giant New York Billboards for Million-Dollar ‘Electromechanical Failures’
By CCN. com: Times Square visitors were treated to an embarrassing shellacking of Elon Musk and his Tesla clown car on Monday. Three advertisements appeared in the popular area of New York City demanding that Tesla provide Shenma, a high-end Chinese ride-hailing firm, with compensation. дальше »
2019-4-30 09:18 | |
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Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market
By CCN: In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem. дальше »
2019-4-30 23:20 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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New cryptocurrency malware hijacks China’s enterprises to mine Monero
A dangerous new wave of cryptocurrency mining malware has struck the internet, and it has already infected thousands of high-value enterprises across Asia. Known as “Beapy,” the malware uses leaked NSA exploits and hacked credentials to spread through exposed networks as quickly as possible. дальше »
2019-4-25 13:19 | |
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No, China Didn’t Ban Bitcoin Mining
If you’ve gone anywhere near the internet this month, you’ve probably heard about the untimely demise of China’s Bitcoin mining industry. As reported in many media outlets, some three quarters of Bitcoin mining is now non grata in the People’s Republic, which appears to have taken an unusually firm stand on environmental protection. дальше »
2019-4-23 00:59 | |
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Streisand Effect? Bitcoin (BTC) Weather Through FUD, Bulls Firm
Bitcoin prices steady above $5,000 Volumes drop by 80 percent from 54k of Apr 2 to 11k of Apr 9 Even with FUD around China’s NDRC proposal of banning Bitcoin and crypto mining, prices are steady. It is up 7. дальше »
2019-4-11 22:00 | |
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XRP Community Wonders If China’s $150 Billion Payment Firm AliPay Could Partner With Ripple?
Could Ripple And AliPay Start A Strategic Alliance? According to some reports, it might be possible to see an alliance between Ripple and AliPay, one of the largest payment financial companies in China. дальше »
2019-4-6 22:49 | |
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SlowMist Cybersecurity Firm Finds EOS Fund Transfer Vulnerability, OKEx Exchange Makes Mention
EOS, the fifth largest digital currency in the market, seems to be affected by a new vulnerability. This issue was found by SlowMist, a cybersecurity firm from China. Users can register EOS deposits without having to transfer the funds. дальше »
2019-3-13 18:31 | |
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Tesla Short Seller Suddenly Reverses Course, Sets Bullish Price Target
It has not been a good few weeks for Elon Musk and Tesla. Whether it is concerns over safety, the firm’s expansion into China, or even the role of Musk himself as CEO, the luxury electric car manufacturer has been dominating the headlines for all the wrong reasons. дальше »
2019-3-11 21:03 | |
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Elon Musk Secures $500 Million in Chinese Bank Loans for Tesla Gigafactory Despite CEO Eject Threat
Elon Musk might be fighting for his job in the U. S. , but his company is on track to achieve its dream of mass producing its Model 3 sedans in China. The company has secured over $500 million in loans from Chinese lenders as it inches closer to building its vehicle and battery Gigafactory in China. дальше »
2019-3-9 17:25 | |
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Dow Jones Primed for a 100-Point Boost on US-China Trade Optimism
US President Donald Trump is scheduled to meet China’s President Xi’s special trade talk envoy Liu He today. The meeting could mean progress in US-China trade talks and set the Dow Jones and US Stock Markets on track for an end of week boost. дальше »
2019-2-23 16:26 | |
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