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China Leads the way in Government Blockchain Adoption as Xiongan Signs MOU with ConsenSys
The Chinese city of Xiongan is set to become the site of a groundbreaking blockchain deployment program, the first of its kind anywhere in the world. According to the South China Morning Post report on July 23, the new blockchain development and deployment scheme is the product of a new partnership between Xiongan and global blockchain development company, ConsenSys. дальше »
2018-7-27 09:00 | |
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Charlie Lee: BTC is “Gold”, LTC is “Silver” and XRP are “Diamonds”
In an interview for the Chinese website Jinse. com, Charlie Lee, founder of Litecoin spoke about his vision regarding cryptocurrency, the comparison between BTC, LTC, and XRP, as well as the reasons why he decided to sell his Litecoins. дальше »
2018-7-26 21:03 | |
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Before Launching its IPO, Bitmain Raises Another $1 Billion in Funding
The world’s biggest mining conglomerate Bitmain announced the digital currency mining giant wants to gather $1 billion in funding before launching its IPO according to Chinese media outlet Toutiao. дальше »
2018-7-26 21:00 | |
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Bitmain Releases Internal Bitcoin Mining Hashrate Stats, Claims 4% Power
The largest mining company in the world, the Chinese Bitmain, has decided to publish regular reports on the size of its mining operations. This is part of a broader transparency initiative which will be used to open the company up before going public later this year with the Initial Public Offering (IPO). The Bitmain In-House […] дальше »
2018-7-26 22:48 | |
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Bitcoin Price Rally was Due to Chinese Currency Devaluation, Says Expert
Clem Chambers is confident that an influx of Chinese money into the market caused the recent Bitcoin price rally. The ADVFN CEO believes that the present economic tussle between the United States and China will cause the top-ranked cryptocurrency to become the safest bet for wealthy investors to hedge any fallout from the trade war. дальше »
2018-7-25 15:20 | |
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EOS Hold First Place in China’s Crypto-Rating Index, Future Prediction
The 3rd monthly report of the Chinese Gov for its Cryptocurrency Rating Index is released. This time, 31 top digital currency projects are listed. EOS is positioned again first and leading while Ethereum follows second. дальше »
2018-7-25 13:39 | |
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ConsenSys Could Help Build Chinese President’s Dream City in Xiongan
Till now the most prestigious and recognizable feat of converting barren lands into the world’s tallest buildings stays with Dubai. However, an ambitious plan by the Chinese government, which is being touted as President Xi Jinping’s dream project, could change that forever. дальше »
2018-7-24 13:59 | |
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Another Chinese City Embraces Blockchain Technology
The city of Nanjing which is the capital of the Jiangsu Province in China, has committed to investing a total of 10 Billion Yuan ($1. 5 Billion) in a blockchain investment fund geared at promoting public blockchain projects and the general token economy. дальше »
2018-7-23 20:42 | |
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Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
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China’s CCID Crypto Rankings Puts EOS #1 Again, Bitcoin (BTC) Is #16
China has released the third round of its public blockchain rankings. EOS, the world’s fifth largest cryptocurrency by market cap, is once again the king of the list, taking the top position. Bitcoin, meanwhile, the world’s largest cryptocurrency by market cap, isn’t even in the top 15. дальше »
2018-7-21 10:59 | |
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Crypto Mining Giant Bitmain to Open 20,000 Sq. Foot Office in Silicon Valley
Bitmain Technologies, the company behind the world’s biggest cryptocurrency mining corporation has announced plans to open a 20,000 square foot office in the West’s main technology hub, Silicon Valley. дальше »
2018-7-20 09:27 | |
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Crypto Mining Giant Bitmain to Open 20,000 Sq. Foot Office in Silicon Valley
Bitmain Technologies, the company behind the world’s biggest cryptocurrency mining corporation has announced plans to open a 20,000 square foot office in the West’s main technology hub, Silicon Valley. дальше »
2018-7-20 23:38 | |
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Restaurant loyalty program foodchains partners with blockchain loyalty protocol qiibee
qiibee, the Swiss loyalty token protocol which helps brands around the world run their loyalty programs on the blockchain, has announced a partnership with Chinese restaurant loyalty rewards program foodchains, creating a blockchain-based cryptocurrency in the process. дальше »
2018-7-18 17:47 | |
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Evading US Sanctions: Iran to Begin Using Cryptocurrencies
Economy & Regulation Iran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon. дальше »
2018-7-17 09:36 | |
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Chinese Police Seize $1.5 Million in World Cup Crypto Betting Booty
More than $1. 5 million worth of cryptocurrency was seized as part of an anti-gambling operation run by Chinese police during the 2018 FIFA World Cup. Chinese Police Seize $1. 5 Million The Chinese state-run news source Xinhua reported two days ago that local authorities first came across the so far unnamed online gambling platform in May. дальше »
2018-7-14 15:48 | |
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$1.5 billion Bitcoin [BTC] fraud caught by Chinese police: World Cup 2018
Recently in the Guangdong city of China, a campaign was held by the Guangdong police against the World Bank online gambling crimes. As announced on the Guangdong Provincial Public Security Department website [in Chinese], during the World Cup, an online gambling fraud of $1. дальше »
2018-7-14 13:28 | |
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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”
Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »
2018-7-14 01:04 | |
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Chinese Police Seize $1.5 Million Worth in Cryptos During FIFA Gambling Crackdown
In the city of Guangdong, the police have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. An operation involving 21 public security authorities has cracked down on organized football gambling during the ongoing football World Cup, resulting in the arrests of some 540 individuals […] дальше »
2018-7-13 21:05 | |
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Chinese Yuan’s Share of Bitcoin Trading Dropped From 90% to 1%
China is one of the more technologically advanced nations in the world, and with its population closing in on 1. 4 billion, it was naturally one of the biggest Bitcoin markets during the cryptocurrency’s early days. дальше »
2018-7-13 05:00 | |
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China Securities Regulatory Commission Pushes for Blockchain-Based Financial Infrastructure
The Shanghai Stock Exchange published a research paper outlining the potential integration of blockchain technology into Chinese financial infrastructure, arguing that adopting distributed ledger technology-based replacements for existing transaction settlement models could dramatically improve efficiency. дальше »
2018-7-12 16:00 | |
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Chinese Yuan’s Usage in Bitcoin Transactions Falls Dramatically After Regulatory Crackdown
A report from the Chinese news agency, Xinhua, has revealed that the Chinese Yuan’s share of bitcoin transactions has fallen dramatically following the Chinese government’s decision to impose a series of bans and restrictions on cryptocurrency trading and ICO fundraising in the world’s second largest economy. дальше »
2018-7-12 11:00 | |
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Chinese Police Arrest Nearly Two Dozen Individuals for Cryptojacking
Cryptojacking has become an increasingly popular trend all over the world. Purposefully infecting computers with cryptocurrency mining malware can provide a very lucrative revenue stream. In China, nearly two dozen suspects have been arrested in the country’s largest cryptojacking case to date. дальше »
2018-7-11 16:00 | |
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Chinese central bank seals about killing Bitcoin business in China – BGR
China was one of the most important markets to impose strict rules related to Bitcoin and cryptocurrencies, including a ban on trading the most popular coin in the world. It now looks like China may have helped decimate Bitcoin, and the country seems pretty happy with itself. дальше »
2018-7-10 12:12 | |
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Bitcoin trading in the Chinese currency
The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total. According to the People’s Bank of China, the trading of Bitcoin with the Chinese national currency, renminbi, has dramatically fallen. Though at its peak, more than 90 дальше »
2018-7-9 20:13 | |
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Bitcoin Trading in the Chinese Currency Falls to Less than 1 Percent of the World’s Total
The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world's total. The post Bitcoin Trading in the Chinese Currency Falls to Less than 1 Percent of the World’s Total appeared first on CoinSpeaker. дальше »
2018-7-9 16:25 | |
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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total
Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities дальше »
2018-7-9 00:05 | |
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PBoC: Bitcoin Trading in Chinese Currency Drops Below 1% of World Total
Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. дальше »
2018-7-9 22:15 | |
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Huobi enters Australia, CEO tells traders are “knowledgeable and sophisticated”
On 5th July 2018, the Chinese cryptocurrency exchange Huobi officially launched Huobi Australia. According to CoinMarketCap, its daily trade volume is $713, making it the world’s fourth-largest exchange. дальше »
2018-7-8 01:59 | |
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Clothing Company Reveals World’s First Blockchain-Based Traceability System
On July 5th, 2018, in partnership with KALTENDIN, high-end Chinese clothing brand, Waltonchain introduced the WTC-Garment System– the world's first blockchain-based, clothing authenticity traceability system. дальше »
2018-7-7 01:00 | |
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Credit Suisse Fined $77 Million For Bribing Chinese Officials in a Revolving Doors Scheme
One of the world’s biggest bank is to pay a $47 million criminal penalty to the U.S. Department of Justice and a $30 million settlement to the Securities and Exchanges... The post Credit Suisse Fined $77 Million For Bribing Chinese Officials in a Revolving Doors Scheme appeared first on Trustnodes. дальше »
2018-7-5 18:00 | |
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The Exchange of the Australian Blockchain Investments Plans have been launched by Huobi
Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5. The exchange is fourth largest in the world as of press time, with $713 million in daily trade volume, according to Coinmarketcap. дальше »
2018-7-5 16:47 | |
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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. дальше »
2018-7-2 16:30 | |
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BTCC Looks to Sell 49% of Bitcoin Mining Pool
In a non-binding agreement, BTCC Pool Limited — the mining operation of former Chinese exchange BTCChina — agreed to sell a 49% stake of its Bitcoin mining pool. With 4. 55% of all Bitcoin blocks in the last year, BTCC’s operation is effectively the 7th most successful BTC mining pool in the world. дальше »
2018-6-26 18:00 | |
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Alibaba’s Jack Ma Says Bitcoin Is a Potential Bubble, Blockchain Could Change the World
Jack Ma, a Chinese business magnate with a net worth of $42 billion, according to Forbes, said Bitcoin is potentially a bubble. His comments come as his financial services company, Ant Financial, launched blockchain-based money transfers between Hong Kong and the Philippines. дальше »
2018-6-25 21:00 | |
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A New Chinese Crypto Exchange Sparks Controversy Due to Its Business Model
A new China-based cryptocurrency exchange that launched in May is gathering critical reviews from the Chinese media because of its “trans-mining model” of revenue generation. The exchange’s trading volume witnessed an instant spike, surpassing some of the biggest exchanges in the world. дальше »
2018-6-25 20:38 | |
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AliPay CEO Jack Ma Confirms Successful 3-Second Blockchain Remittance
Jack Ma’s Ant Financial (AliPay) has revealed it has successfully trialled a new Blockchain remittance service which it plans to expand throughout the world. Ma: Blockchain Remittances Will Go Global As online news resource cnLedger reported on Twitter June 25 quoting Chinese cryptocurrency news media, the company formerly known as AliPay developed and piloted its “first blockchain-based electronic wallet cross border remittance service” between Hong Kong and the Philippines. дальше »
2018-6-25 13:00 | |
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World Largest Ever Blockchain Conference
China’s federal science institution, the Chinese Academy of Sciences, is taking part in a new research effort around blockchain. The highest academy for science in China said it had established a new “Big Data and Blockchain Lab” during a seminar on June 15, according to People’s Daily, the state-run media outlet. The lab, which is дальше »
2018-6-21 13:21 | |
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Several Examples of Countries Where Сryptocurrency Mining Is Not Even Worth Starting
In May, the Chinese Bitmain — the world’s most known cryptocoin mining hardware vendor — has again lowered prices. The leading “workhorse” on miner’s site, Antminer S9 13. 5TH/s to mine Bitcoin and other cryptocurrencies via SHA256d protocol, now costs slightly more than US$800. дальше »
2018-6-15 18:26 | |
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Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners
Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. And while Ripple certainly was the hot topic, Mr. дальше »
2018-6-13 21:18 | |
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Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency
Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. дальше »
2018-6-13 17:11 | |
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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO
Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value. дальше »
2018-6-11 01:34 | |
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