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Chinese SOS Ltd to buy Bitcoin worth $50m for reserve
China-based company SOS Limited plans to tap Bitcoin to support its investment portfolio and extract value from the fast-growing cryptocurrency. дальше »
2024-11-28 19:22 | |
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China-based Nano Labs turns to Bitcoin payments amid potential policy shift in the country
China-based crypto mining chip designer Nano Labs is now accepting Bitcoin as payment for its products through its business account on Coinbase, according to a Nov. 11 statement. The firm said it adopted Bitcoin payments in response to increasing demand for digital currency options in the tech world. дальше »
2024-11-12 04:30 | |
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Conflux Partners China Mobile’s Migu to Launch the World’s First Blockchain-Based Video Ringtone
China-based permissionless Layer 1 blockchain, Conflux Network has entered a strategic partnership with China Mobile, the nation’s largest telecom provider. According to an official announcement today, the partnership will see Conflux and China mobile join efforts together to release the world’s first public blockchain-based digital collectible video ringtone. дальше »
2024-8-22 16:48 | |
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Crypto deposits to Chinese precursor makers surge 600% in 2023
Blockchain intel firm TRM Labs says China-based precursor manufacturers received over $26 million in crypto in 2023, with around 60% of payments were made in Bitcoin. Cryptocurrency appears to be becoming a more preferred payment method for Chinese drug manufacturers… дальше »
2024-6-11 11:53 | |
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U.S. Crypto Bill Prohibits Government Officials From Using USDT, NEO, And China-based Blockchains
On November 8, U. S. Representatives Zach Nunn (R-Iowa) and Abigail Spanberger (D-Va. ) introduced a bill dubbed the Creating Legal Accountability for Rogue Innovators and Technology (CLARITY) Act. дальше »
2023-11-10 06:00 | |
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U.S. Department of Justice charges eight Chinese companies using crypto to facilitate fentanyl trade
U. S. authorities took action against several China-based companies and individuals implicated in the fentanyl trade on Oct. 3. The Department of Justice (DOJ) announced that it has unsealed eight indictments on crimes related to the production of fentanyl and methamphetamine, the distribution of synthetic opioids, and sales related to precursor chemicals. дальше »
2023-10-4 01:40 | |
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Reports of secret $90B Chinese trading denied by Binance, claims no operation in the country
Despite reports from the Wall Street Journal (WSJ) that China accounts for about 20% of Binance’s trading volume, the exchange told CryptoSlate in an Aug. 2 email that its website is blocked in the country and its platform is unavailable to China-based users. дальше »
2023-8-2 11:48 | |
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US Lawmakers Demand Answers on Prometheum’s China Ties
Five US lawmakers want answers on reputed ties between digital asset firm Prometheum and China-based investors. The post US Lawmakers Demand Answers on Prometheum’s China Ties appeared first on BeInCrypto. дальше »
2023-7-11 23:36 | |
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Chinese firms selling synthetic opioid chemicals accept payments in Bitcoin & Tether
Elliptic, a blockchain analytic company, has revealed that various China-based firms selling fentanyl precursors have received massive amounts of cash in crypto payments. Furthermore, suppliers mostly allowed Bitcoin (BTC) and Tether (USDT) payments. дальше »
2023-5-24 09:19 | |
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Poolin Bitcoin mining hash rate share falls by 94% from ATH
China-based Bitcoin mining pool, Poolin, registers a record decline in hash rate share to 1% from its all-time high of 18% – a 94% decline, according to data from Glassnode. The post Poolin Bitcoin mining hash rate share falls by 94% from ATH appeared first on CryptoSlate. дальше »
2023-1-7 23:26 | |
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China-Based Funeral Company Shares Surge 80% Since November amid Spike in Covid Cases
Coinspeaker China-Based Funeral Company Shares Surge 80% Since November amid Spike in Covid Cases China funeral facilitator Fu Shou Yuan saw its shares recently rally to 7. 04 Hong Kong dollars after being down 40%. дальше »
2022-12-27 14:11 | |
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Tron founder Justin Sun takes over Huobi Global
Tron Founder Justin Sun has reportedly taken over China-based Huobi Global as former Huobi execs voluntarily resign. Huobi Global team sells out to Tron founder Justin Sun Justin Sun, a crypto expert and founder of renowned crypto exchange Tron, has… дальше »
2022-11-16 03:15 | |
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BlockSec Debunks Rumours of $532M Smart Contract Hack
Popular Blockchain Security firm, BlockSec has debunked a viral rumor of an Ethdev contract hack. BlockSec used Phalcon’s Simulation to prove the security of a $532m smart contract. BlockSec Debunks Hack Rumors With Phalcon Simulation BlockSec, a China-based tech firm… дальше »
2022-11-1 01:00 | |
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Poolin Offers Promissory ‘IOU’ ETH Tokens As The Merge Rolls Out; Customer Reserves Remain Frozen
China-based crypto mining-pool services provider Poolin, which halted all withdrawals from its PoolinWallet on the back of liquidity problems, will be issuing IOU tokens corresponding to that value. дальше »
2022-9-15 11:15 | |
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Hotbit exchange suspends all transactions indefinitely
China-based crypto exchange platform Hotbit announced its assets were frozen due to an ongoing investigation of the company, and it had to suspend all trading, deposit, and withdrawal functions until its assets were released. дальше »
2022-8-11 19:28 | |
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BitMEX struggles to retain relevancy, launches native cryptocurrency to reward users
Bitmex, one of the formerly leading cryptocurrency derivatives exchanges, has since fallen out of its heyday owing to the rise of rival exchanges and its own brushes with the law. The China-based platThe post BitMEX struggles to retain relevancy, launches native cryptocurrency to reward users appeared first on AMBCrypto. дальше »
2022-1-31 21:30 | |
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China: 4th Largest Ethereum Mining Pool to Shutter Its Operations Amid Rising Regulatory Concerns
Chinese regulatory crackdown on crypto continues to force crypto miners to leave the country for greener pastures elsewhere. BeePool Shutters Ethereum Mining Operations BeePool, a China-based Ethereum (ETH) mining pool that also holds the distinction of being the world’s 4th largest ETH mining pool in terms of hashrate recently announced it was shuttering its operationsRead More дальше »
2021-9-30 21:00 | |
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Experts opine on whether Bitcoin is a 'risk asset' or an 'insurance asset'
China's Evergrande debt crisis quaked not just the real estate sector, but sent shudders through the crypto sphere as well. China FUD and crypto exchanges casting off China-based users caused the kingThe post Experts opine on whether Bitcoin is a 'risk asset' or an 'insurance asset' appeared first on AMBCrypto. дальше »
2021-9-28 04:30 | |
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China Crypto Ban: Crypto Exchange Huobi To Retire User Accounts
Top Crypto Exchange Huobi Global has said it will suspend all China-based user accounts later this year. The exchange said in an announcement on Sunday that it has discontinued account registration for new users in Mainland China. дальше »
2021-9-27 20:00 | |
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Bitcoin, Ethereum whales swimming out of Huobi, with a huge catch
After China's crackdown on crypto transactions, exchanges began to limit their services for China-based users. FUD rapidly spread and many traders began to wonder what penalties they might face for viThe post Bitcoin, Ethereum whales swimming out of Huobi, with a huge catch appeared first on AMBCrypto. дальше »
2021-9-26 18:00 | |
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DeFi comes to Cardano (ADA) as EMURGO announces ‘Astarter’
EMURGO, the official commercial arm of the Cardano blockchain protocol, formally announced today Astarter — a joint venture with China-based technology firm BlockChain4A — to facilitate collaboration between the two companies to build decentralized financial (DeFi) services infrastructure on Cardano. дальше »
2021-9-17 03:00 | |
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TikTok Bans Investment Promotions Including Cryptocurrency Ads
Popular China-based social media app TikTok, with an estimated 1 billion monthly active users, has updated its branded content policy to put a global ban on touting financial services, including cryptocurrencies. дальше »
2021-7-11 17:24 | |
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U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?
Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […] дальше »
2021-7-1 00:05 | |
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IOHK Unveils A Cross-Chain Bridge To Connect Cardano And Nervos Chains
On June 2, 2021, global blockchain engineering company IOHK announced the imminent launch of a cross-chain bridge that will connect Cardano to Nervos, a China-based public blockchain. Improving Blockchain Technology The bridge, scheduled to launch in the next six weeks, will enable interoperability across both blockchains, furthering their shared objective of finding the blockchain sector’sRead More дальше »
2021-6-3 08:00 | |
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IOHK announces first cross-chain bridge to Cardano (ADA) from Nervos (CKB)
Nervos, a China-based public blockchain, and IOHK, a global blockchain engineering company and developers of the Cardano blockchain, today announced a cross-chain ‘bridge’ to connect the Cardano and Nervos networks. дальше »
2021-6-3 19:00 | |
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China Merchants Bank joins local DeFi protocol to launch $50 million crypto ecosystem fund
Nervos, a China-based blockchain and decentralized finance (DeFi) protocol, today announced the launch of a $50 million fund with CMB International (CMBI), a wholly-owned subsidiary of China Merchants Bank, as per a release. дальше »
2021-5-20 19:00 | |
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Chinese Tech Firm Meitu Buys 175 Bitcoin, Treasury Now Holds $100 Million Worth in BTC and ETH
The China-based smartphone and internet app maker Meitu has announced the acquisition of $10 million worth of bitcoin for its treasury after the firm purchased digital assets two times prior last month. дальше »
2021-4-10 20:30 | |
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Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
Following the acquisition of the Chinese mining pool Btc. com, the China-based lottery company 500. com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement. дальше »
2021-4-8 02:30 | |
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One of China’s biggest miners expects Bitcoin bull run to end in 2022
One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources. The post One of China’s biggest miners expects Bitcoin bull run to end in 2022 appeared first on CryptoSlate. дальше »
2021-3-23 17:47 | |
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Nasdaq-listed Chinese Gaming Company, The9, to Buy 26k Bitcoin Mining Machines
China-based Nasdaq-listed Internet company The9 Limited is diversifying its business with Bitcoin. On Monday, the company announced that it had signed five legally binding Memorandum of Understanding (MOUs) with Bitcoin mining machine owners to purchase BTC mining machines. дальше »
2021-1-27 20:39 | |
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ConsenSys Quorum, an Ethereum-backed Ledger Protocol, Teams Up With China’s BSN
Situated in New York, and renowned as Ethereum's globally-known ledger protocol, ConsenSys has announced that it will be partnering with the China-based Blockchain Service Network (BSN), bringing the enterprise ledger, Quorum, to China. дальше »
2021-1-25 21:04 | |
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Not enough chips to support production of Bitcoin mining rigs
China-based Bitcoin miners are facing setbacks because of a lack of mining chips, across the world. The region, which is the world leader in the mining business, is facing unprecedented prices of miniThe post Not enough chips to support production of Bitcoin mining rigs appeared first on AMBCrypto. дальше »
2021-1-22 21:00 | |
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China-based BSN Readies International CBDC Platform
China’s Blockchain Service Network (BSN) laid out its plans for 2021 on Jan. 15. The company expects to build a universal digital payment network (UPDN) over the course of five years. However, its goals for 2021 include launching a beta-test version of the UPDN in the second half of the year. дальше »
2021-1-17 13:52 | |
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Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). дальше »
2021-1-15 14:30 | |
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Fenbushi Capital launches $15M+ investment fund for Filecoin and IPFS ecosystem
China-based blockchain investment firm Fenbushi Capital, today announced it has launched the Fenbushi Ecosystem Fund, a new investment fund designed to drive the continued growth of applications under development on the world’s largest decentralized storage network, Filecoin, and its underlying protocol, a peer-to-peer (p2p) file-sharing system, IPFS. дальше »
2021-1-11 19:31 | |
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Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
Cryptocurrencies may see a boost between China and the U. S. , as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. дальше »
2021-1-7 03:30 | |
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Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0. дальше »
2020-12-8 03:30 | |
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China’s national blockchain network adds Polkadot, Oasis and Bityuan support
China-based blockchain infrastructure provider, Blockchain Service Network or BSN, which is backed by the Chinese Government, today announced that it has added major blockchain protocols such as PolkaThe post China’s national blockchain network adds Polkadot, Oasis and Bityuan support appeared first on AMBCrypto. дальше »
2020-11-27 00:00 | |
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China’s State-Sanctioned Blockchain Project BSN Adds Polkadot, Oasis, Bityuan to Network
China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network. дальше »
2020-11-26 22:57 | |
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OKEx Exchange to Resume Withdrawal Services As Founder Is Released From Police Custody
Troubled China-based crypto exchange OKEx is set to resume its withdrawal services starting Friday after a successful withdrawal test by the exchange. According to the reports, the exchange’s funds were locked beginning November 16th as one of the ‘private-key holders’ was held to help Chinese authorities in investigations. дальше »
2020-11-24 21:39 | |
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These China-based notaries are using the Blockchain to manage their client’s cases
They’ve been quietly handling thousands of cases for months now.
дальше »2020-10-6 23:30 | |
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Is Babel, China-based crypto-lending giant, in deep trouble?
China-based Babel Finance has been a prominent crypto-lending company for a while now. However, it has been in troubled waters recently. The trouble, in fact, came in full force after the Black ThursdThe post Is Babel, China-based crypto-lending giant, in deep trouble? appeared first on AMBCrypto. дальше »
2020-9-27 20:30 | |
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Crypto gaming platform Hxro to build pari-mutuel markets on Nervos
Hxro, a gamified crypto trading platform that offers users new and innovative ways to play the markets, today announced plans to launch a series of Asia-focused trading products on Nervos, a China-based public blockchain project. дальше »
2020-9-3 16:48 | |
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Ripple Co-Founder Chris Larsen Says China Can Reverse BTC Transactions
Coinspeaker Ripple Co-Founder Chris Larsen Says China Can Reverse BTC TransactionsLarsen stresses on the fact that China-based miners currently control 65% of the BTC hashrate and can have absolute control over the protocol in the future. дальше »
2020-8-24 14:08 | |
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Investors Move $50B in Crypto from China to Avoid Beijing Rules, Chainalysis Report Says
Coinspeaker Investors Move $50B in Crypto from China to Avoid Beijing Rules, Chainalysis Report SaysChainalysis reported that at least $50 billion of cryptocurrency moved from China-based digital assets to other parts of the world in 2019 hinting at capital flight from Beijing rules. дальше »
2020-8-21 17:55 | |
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Over $50 Billion in Tether (USDT) Moved From Chinese Borders in 2020
China-based Tether addresses accounted for over $50 billion in transfers outside the country’s borders this year, according to a report by on-chain analysis firm Chainalysis. Tether finds Takers Tether, the fourth-largest cryptocurrency by market cap, is a stablecoin said to be backed 1:1 with the USD. дальше »
2020-8-21 13:07 | |
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