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China’s Crypto Affinity Drops As LocalBitcoin Volume Drops To 2-Year Lows
China’s BTC trading volumes have hit an all-time low in two years with the peer to peer (p2p) exchanges on LocalBitcoin. As of the week of Jan. 25th the trading volumes stagnated at a mere 4. 5 million Yuan ($640000). дальше »
2020-1-29 20:38 | |
Binance Donates $1.44M to Help Fight China’s Deadly Coronavirus
Binance cryptocurrency exchange has donated 10 million yuan ($1. 44 million) to China through its charity arm, the Binance Charity Foundation (BCF), to aid the fight against the deadly Coronavirus that has claimed many lives in the nation, reports AsiaTimes on January 27, 2020. дальше »
2020-1-28 22:00 | |
China BTC Volume on LocalBitcoins Hits 2-Year Low, Baidu Searches Dwindle
LocalBitcoins is showing its lowest volume in China in two years. Volume for the popular marketplace hovered at around 4.5 million yuan for the week of Jan 25. This has coincided with a drop in Bitcoin’s search volume on the Chinese search engine, Baidu, which has also hit a new low over the past 30 […] The post China BTC Volume on LocalBitcoins Hits 2-Year Low, Baidu Searches Dwindle appeared first on BeInCrypto. дальше »
2020-1-27 12:01 | |
Guangzhou, China Introduces 1 Billion Yuan Fund to Accelerate Blockchain Development
Guangzhou state government launches a 1 billion yuan fund, approx. $140 million USD, to boost blockchain innovations in the state. Guangzhou Huangpu District and Guangzhou Development Zone, who make up strategic technological decisions came up with the “Detailed Rules for Implementing Several Measures for Accelerating Blockchain Industry Leading Change”. Guangzhou’s $140 million fund to accelerate […] дальше »
2019-10-31 00:41 | |
This Illegal $14 Million Crypto Racket Hijacked Chinese Internet Cafes
Fifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100 million yuan (nearly $14 million) in cryptocurrency. дальше »
2019-9-4 11:26 | |
Binance Reveals Hack Information as Security Becomes a Public Concern
This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin. дальше »
2019-5-10 18:48 | |
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 | |
Tesla Rival BYD is Absolutely Killing It – But There’s an Enormous Catch
By CCN: On the heels of a rather disappointing Tesla earnings call, Chinese electric car maker BYD Auto reported a stunning 632 percent increase in Q1 net profit. The company, backed by Warren Buffet, saw profits jump from 102. дальше »
2019-4-30 21:28 | |
Bitcoin Below $1 Million by 2020 is Impossible, It’s Pure Mathematics, Says John McAfee
Coinspeaker Bitcoin Below $1 Million by 2020 is Impossible, It’s Pure Mathematics, Says John McAfeeAccording to John McAfee, Bitcoin will be used for payments and receipts instead of the US dollar, Euro, and Chinese Yuan, and will hit $1M by the year of 2020. дальше »
2019-4-17 12:20 | |
China’s Resurgent Stock Market is Seeing Profits Flow Into Bitcoin
China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No. 2 Entry Fiat Currency Statistics gathered by monitoring resource Coinlib showing capital inflow into bitcoin and other cryptocurrencies puts the Chinese yuan (CNY) in the top entry currencies. дальше »
2019-3-18 12:00 | |
This Chinese Crypto Mining Guru Predicts the Bitcoin Price Will Surge 20,000%
A Chinese crypto mining pool founder predicted that the next bull run would unleash the market’s full potential, enabling the Bitcoin price to ascend to unfathomable heights before the euphoria cools down. дальше »
2019-2-17 03:12 | |
Respected Chinese Crypto Miner of Poolin Believes Bitcoin Could Scale up to $738,000 Price in the Future
According to the Zhu Fa, the co-founder of Poolin (a Chinese crypto mining firm), the price of Bitcoin (BTC) could scale up to a staggering 5 million Yuan (USD $738,000 approx) in the coming few years. дальше »
2019-2-16 19:12 | |
Crypto Raid In China Of Bitcoin Scam I Am A Clown (IAC) Worth 1.3 Billion Yuan ($193 Million)
Chinese Police arrested a group of cryptocurrency scammers following a raid in Xuchang City. The bust, which took place five months ago, was only publicized this week after a story on CCTV News. During the break-in, police seized cash valued at $1. дальше »
2019-2-1 02:07 | |
$3 Million in Stolen Electricity Leads to $14.5 Million in Crypto Mining Earnings
A Taiwanese Bitcoin miner identified with the last name Yang was recently arrested and charged by authorities for mining 100 million yuan ($14. 5 million) in cryptocurrencies. He used NT$100 million ($3. дальше »
2018-12-28 14:29 | |
Crypto mining farms in China were suspended for strict tax inspections
Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks, CCN reported. дальше »
2018-11-14 18:34 | |
China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
New Chinese Crypto Billionaires See Inclusion on Hurun’s Elite Rich List
Hurun China Rich List Released, And It Now Includes Multiple Crypto Entrepreneurs A local list is released in China each year that outlines the richest people in the country, requiring that they have a minimum net worth of over 2 billion yuan (about $209 million). дальше »
2018-10-11 22:13 | |
Three Suspects in China’s Biggest $87 Million Cryptocurrency Heist Arrested By Police
Chinese police have recently arrested three men for hacking and stealing 600 million yuan ($87 million) in cryptocurrencies. According to the South China Morning Post, the Xian Police officers stated on Saturday, August 18, 2018, that when it came to cryptocurrency criminal investigations in China, this was the largest number of stolen cryptocurrencies in the nation. дальше »
2018-8-21 16:00 | |
Three Chinese Men In Custody Over $87M Cryptocurrency Theft
Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million). Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer for Bitcoin and Ether. дальше »
2018-8-20 12:00 | |
Police Arrest Hackers Suspected of Stealing $87 Million in Crypto
Chinese police have arrested three individuals who allegedly stole bitcoin and other cryptocurrencies worth around 600 million yuan, or $87 million. дальше »
2018-8-20 08:00 | |
Agricultural Bank of China Uses Blockchain For $300,000 Farm Loan Mortgage Issuance
Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information. дальше »
2018-8-1 10:01 | |
JD.com Acquires 30% Stake Of Allianz China Blockchain Insurance Service
JD. com Acquires 30% Stake of Allianz China Recently, the China Banking and Insurance Regulatory Commission approved JD. com’s application to invest 483 million Yuan (approximately $71 million) to the Chinese unit of the Allianz Corporation. дальше »
2018-7-31 19:00 | |
Blockchain Data Collaboration protocol credit status for unbanked
Points (PTS), a blockchain data collaboration protocol for better credit scoring and inclusive finance, has announced $ 8 million in funding from traditional and blockchain venture capital including DHVC, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest. дальше »
2018-7-21 13:16 | |
POINTS Credit Scoring Firm Gets $8 Million to Build on Ontology Blockchain
Blockchain Data Collaboration Protocol, POINTS (PTS), Raises $8 Million From Funding Recently launched credit score data platform, POINTS, is looking to build a blockchain-based protocol on the Ontology blockchain after successfully raising $8 million through crowdfunding. дальше »
2018-7-21 23:08 | |
China breaks up underground $1.5 billion World Cup crypto-gambling ring
In a first for China, an illegal World Cup gambling ring has been busted holding more than $1. 5 billion in live bets – all in cryptocurrencies. Six major suspects are in custody. Nestled in a southern Guangdong province, the syndicate is reported to have themselves been sitting on $1. дальше »
2018-7-13 11:49 | |
Chinese Authorities Arrest Twenty Individuals Involved in Cryptojacking Scam
Twenty individuals have been arrested in connection with a huge cryptojacking scam in the Shandong province of China. Those involved are thought to have successfully hijacked 3. 89 million personal computers since 2015. дальше »
2018-7-11 22:00 | |
Police arrest 16 suspected of cloud mining over 5.1m yuan
Police in Ruian, East China’s Zhejiang Province, arrested 16 suspects who allegedly implanted programs to secretly control computers in more than 30 cities for cloud mining. According to the police, the suspects controlled more than 100,000 computers and had mined more than 5. дальше »
2018-7-9 14:43 | |
Bitcoin Mining Con Artist Arrested Over $15 Million Fraud
A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months. дальше »
2018-6-26 02:30 | |
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