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China, U.S and Hong Kong account for 70% of the world’s mining pools, report reveals
Mining pools have been the backbone of the crypto-ecosystem, owing to their inherited duty to fuel transactions and ensure immutable credibility. Given the power mining pools hold in the space, countries like China, U. дальше »
2019-6-17 18:00 | |
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Chinese Bitcoin miner arrested for stealing electricity from oil well
Authorities in China have arrested a man after he reportedly stole electricity from an oil well to mine Bitcoin. The arrest was made after the police received a phone call from Daqing Oilfield, located in Haerken district (Tsitsihar, China) on May 28th. дальше »
2019-6-14 15:23 | |
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China and India account for most internet users: 2019 internet trends report
The much anticipated annual internet statistics and trends report from Mary Meeker is here. The noted venture capitalist published her 333-slide Internet Trends report Tuesday ahead of a presentation at Recode’s Code Conference in Scottsdale, Arizona. дальше »
2019-6-12 10:57 | |
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China and India account for most internet users, 2019 Internet Trends report says
The much anticipated annual internet statistics and trends report from Mary Meeker is here. The noted venture capitalist published her 333-slide Internet Trends report Tuesday ahead of a presentation at Recode’s Code Conference in Scottsdale, Arizona. дальше »
2019-6-12 10:57 | |
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Bitcoin [BTC] mining: China commands hardware manufacturing sector despite fall in geographical dominance
The decade-old cryptocurrency industry has been a witness to some of the most uncertain market conditions. However, in the face of the industry’s changing dynamics and growing crypto-acceptance, concerns surrounding crypto-mining can be viewed in a new light. дальше »
2019-6-11 22:30 | |
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Bitcoin [BTC]: China’s capital flight plays a bigger role than expected in coin’s behavior, claims report
Many supporters of Bitcoin [BTC] and the rest of the cryptocurrency market have tried to pinpoint the exact reason behind the recent bull run. A report from Tuur Demeester’s Adamant Capital has tried to do the same. дальше »
2019-6-6 12:30 | |
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Diar Report Shows How China’s Stablecoin Trading Behavior Affects the Bitcoin and Crypto Markets
In a recent report released by Diar, the company explains that on-chain data shows that Tether (USDT) volumes are reaching a new all-time high for the second quarter of this year. One of the most shocking things is the fact that trading volumes in China are much larger than trading volumes in Western countries. Tether […] дальше »
2019-6-5 02:22 | |
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China Investigates Illegal Bitcoin Mining Farms at Hydropwer Stations In Sichuan Province
Authorities in China are investigating allegedly illegal Bitcoin (BTC) mining farms that have apparently been built without the required permissions in Sichuan province. This is according to the local media agency Sina in a report on May 30. дальше »
2019-5-31 01:54 | |
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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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Breaking: BitMart Will Join Magic Cube to Launch Live Game Show and IEO Token Sale!
On May 28th 8:00 AM and May 29th 10:00 PM (EDT), BitMart, a premier global digital asset trading platform, will join Magic Cube to launch a unique two rounds of Live Game Shows. Winners will be able to split 200 ETH worth of the intraday quota of Magic Cube Coin (MCC) and purchase with ETH. дальше »
2019-5-30 18:18 | |
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Bitcoin Demand Will Surge if The Chinese Yuan Falls More: BitMEX CEO
As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently noted that. дальше »
2019-5-25 07:00 | |
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JPMorgan Forecasts Dismal 1% GDP Growth, Signals Possible Rate Cut
By CCN: The other shoe could be about to drop in the economy. JPMorgan economists in a report predict the second quarter will witness slowed economic growth. They’re expecting U. S. GDP to expand by a measly 1%, lower than their original predictions of 2. дальше »
2019-5-25 01:26 | |
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Owning Bitcoin is (and has been) legal in China
In a recent report, the Beijing News analyzed a case which involved more than 100 people who were scammed out of 7,000 BTC. Wei Xiao, a council member at the Bank of China Law Research Association, stated that owning bitcoin in China is legal. дальше »
2019-5-23 23:45 | |
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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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Is Bitcoin Price Really Connected with Chines Yuan? Evidence Found within Blockchain.com Data
There were have been some suspicions that Bitcoin and the Chinese Yuan are connected to each other in some way, but now, there is some evidence that this might actually be the case. A recent report revealed that just after the President of the USA declared tax changes on imports from China, Bitcoin started an […] дальше »
2019-5-20 23:46 | |
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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 And China’s Yuan Are Inversely Correlated, Blockchain.com Research Says
BTC Spiked As The RMB Fell Evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently. дальше »
2019-5-19 09:30 | |
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China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar
China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar According to the latest report by South China Morning Post, Chinese banks have increased their scrutiny of foreign currency withdrawals. дальше »
2019-5-8 20:34 | |
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Sequoia Capital China to Layoff 20 Percent of its Workforce
Sequoia China, the Chinese arm of Sequoia Capital, could possibly layoff as much as 20 percent of its investment professionals due to an industry slowdown leading to investors’ low appetite for risk, reports Reuters on May 6, 2019. дальше »
2019-5-8 19:36 | |
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Nations Continue to De-Dollarise by Hoarding Gold: Is Stockpiling Bitcoin Next?
According to a report by the World Gold Council, central banks have been buying more gold this first quarter than they have in the previous six years. The efforts to diversify away from the US dollar are being led by China and Russia. дальше »
2019-5-4 00:00 | |
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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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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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China’s Huawei Quashes Analyst’s Bullish Apple Stock Price Prediction
By CCN: Wall Street is showering love on Apple’s stock. The iPhone maker recently hit a $1 trillion valuation. Analysts and investors are willing to overlook the problems with the company’s second-quarter earnings report, including Gene Munster. дальше »
2019-5-2 00:26 | |
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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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Mario Kart Tour could be Nintendo’s biggest smartphone win
Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be. дальше »
2019-4-25 20:11 | |
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China Retailer JD.com Saw Free-Range Chicken Sales Increase With Help From Blockchain Integration
China Retailer Says That Free-Range Chicken Sale Increase Improved With Help From Blockchain Technology Blockchain technology offers an honest and immutable ledger, which has attracted the attention of multiple industries for their supply chain management. дальше »
2019-4-25 00:14 | |
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Defunct Exchange Gatecoin Highlights the Need for Regulations for Legal Ownership of Crypto Assets
The fate of users of the now-defunct cryptocurrency exchange Gatecoin lies in the doldrums due to the lack of clear regulations which could fixate the legal ownership of crypto assets. This according to a report by South China Morning Post, published April 22, 2019. дальше »
2019-4-23 23:00 | |
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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power. дальше »
2019-4-17 20:52 | |
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How China’s new highway for self-driving cars will boost its AV ambitions
China has its eyes set on making self-driving cars mainstream. In order to boost its position as a leader in this sector, the country is building a 100 km long highway with dedicated lanes for autonomous and semi-autonomous vehicles (AVs). дальше »
2019-4-15 12:10 | |
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India to China and Beyond: FSB Reports on Asian Cryptocurrency Regulators
The Financial Stability Board (FSB) is gearing up into a Japanese led G20 presidency. The FSB has already done some work with regards to cryptocurrencies, the most recent of which was the report it released on the 5th of April. дальше »
2019-4-10 16:39 | |
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A Crypto Blessing: China’s Plan to Ban Bitcoin Mining Will Work Wonders
The National Development and Reform Commission (NDRC) revealed its intent to eliminate the bitcoin and crypto mining sector immediately in its guidance for adjustments to industrial structure published on April 1. дальше »
2019-4-9 15:51 | |
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China’s Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead
A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect. дальше »
2019-4-9 12:50 | |
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China is reportedly trialing attention-detecting bands in schools
Last year, we saw reports of Chinese schools using facial recognition technology to monitor the attention levels of students. Now a report from SupChina suggests that some schools are experimenting with headbands to detect attentiveness of children in a classroom. дальше »
2019-4-5 12:10 | |
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China is reportedly trialling attention-detecting bands in schools
Last year, we saw reports of Chinese schools using facial recognition technology to monitor the attention levels of students. Now a report from SupChina suggests that some schools are experimenting with headbands to detect attentiveness of children in a classroom. дальше »
2019-4-5 12:10 | |
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China is the world leader in terms of blockchain technology projects, claims report
The world economy has been slowly cozying up to blockchain technology and cryptocurrencies, with many powerful countries jumping onto the bandwagon. Latest reports suggest that China, after being opposed to crypto for a long time, is actually leading the world with respect to new blockchain projects. дальше »
2019-4-3 00:30 | |
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Tesla Stock Drops after Chinese Hackers Expose Alarming Vulnerability
China hackers set their sights on Tesla to expose just how easy it was to manipulate the Model S. Not only were they able to trick the autopilot systems of the luxury vehicles, but they’ve been able to access them remotely. дальше »
2019-4-3 00:19 | |
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Pro-Blockchain, Anti-Cryptocurrency; China Leads in Blockchain Projects Globally
Though China may have banned cryptocurrency trading and initial coin offerings (ICOs), a new report shows that the country leads the world in blockchain projects, accounting for at least 25 percent of all ongoing blockchain projects. дальше »
2019-4-2 19:00 | |
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China Shipbuilding Industry Company Limited (CSICL) to Trial Blockchain for Supply Chain Finances
A recent report from Chinese media outlet People’s Daily has confirmed that China Shipbuilding Industry Company Limited (CSICL) is going to experiment with blockchain technology to see if it can be used to finance their upstream suppliers. дальше »
2019-3-30 18:21 | |
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Report: Bitmain to Launch 200,000 Crypto Mining Rigs in China
According to a report published by CoinDesk on Mazar. 21, cryptocurrency mining conglomerate Bitmain is looking to launch up to 200,000 new mining rigs in China, at a conservatively estimated cost of $80 million. дальше »
2019-3-22 15:57 | |
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Alibaba And Chinese Software Giant Aerospace Information Team Up For Blockchain Development
Alibaba And Chinese Software Giant Team Up To Promote Blockchain Development Alibaba, the Chinese e-commerce giant, has recently started a partnership with Aerospace Information Co. , an important developer from China. дальше »
2019-3-22 03:16 | |
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Have Ethereum? You Can Soon Spend 1 ETH for a North Korean Visa, 200,000 Tokenized Up For Grabs
Getting a visa to go to a foreign country is a treacherous endeavor, costing both time and money to make it effective. However, the Cheollima Civil Defense (CCD) has created both an opportunity for incoming visitors and a way to benefit themselves. дальше »
2019-3-21 02:15 | |
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Dow Flinches as China Yanks Key Trade War Concessions
China walked back major concessions that it had made amid ongoing trade war negotiations and could also cancel pending orders for Boeing orders. Unsurprisingly, the Dow did not take the news well, cratering more than 100 points after Bloomberg dropped the report. дальше »
2019-3-20 22:12 | |
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No US-China Trade Talks for 2 Weeks Running: Is Trump Preparing for an Ultimatum?
U. S. President Donald Trump has said on March 14 that he is not in a rush to complete a comprehensive trade deal with China after facing roadblocks in industrial policy compromisation. In recent months, the U. дальше »
2019-3-14 14:57 | |
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EU demands new standards for blockchain interoperability
As the blockchain sector evolves, it’s important for policy makers and industry to co-create standards to make multi-layered, interoperable chains a reality. That’s one of the recommendations made by The EU Blockchain Observatory & Forum – a European Commission initiative tasked with accelerating blockchain innovation and development – in its latest report, which identifies scalability interoperability, and sustainability as the main challenges facing the industry. дальше »
2019-3-12 20:00 | |
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Chinese Internet Giant Alibaba Launches Blockchain Subsidiaries
Alibaba, one of the most respected multinational companies out of China that operates in over 200 countries, has announced that two blockchain subsidiaries will now operate under the company. This according to a report from Asia Times, March 8, 2019. дальше »
2019-3-9 18:00 | |
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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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EOS, Tron, Ethereum: The Top 3 in the New China’s CCID Crypto Rankings Report
CoinSpeaker EOS, Tron, Ethereum: The Top 3 in the New China’s CCID Crypto Rankings Report The latest CCID rankings suggest that the tokens with blockchain networks that let developers create smart contracts and run dApps are better than several other major cryptos in terms of applicability. дальше »
2019-2-28 13:33 | |
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Bitcoin’s Finally Moving On Up Per New CCID Crypto Rankings Report In China: EOS Maintains #1
China Releases New Cryptocurrency Ranking With A Slightly Better Performance For Bitcoin The Chinese Center for Information and Industry Development (CCID) has recently released the latest ranking related to virtual currency projects in the market. дальше »
2019-2-27 19:58 | |
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