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Speculation Tesla Dumped Its Bitcoin Holdings Denied By Musk
Elon Musk puts to bed rumors that Tesla has sold its remaining Bitcoin holdings. The comments came following his second attack on the leading cryptocurrency. This time, he called out the dominance of Chinese mining pools in a now-deleted tweet. дальше »
2021-5-18 03:00 | |
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Chinese Investors File Lawsuit Against US-Based Alleged Crypto Fraudster Who Promised $200,000 Profits per Day
A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme. The scammer reportedly promoted the bogus investment opportunity by promising earnings of “$200,000 in one day. дальше »
2021-5-15 12:30 | |
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Venture platform Cognitive Blockchain invests in cross-chain compute network Cudos
CryptoNinjas » Venture platform Cognitive Blockchain invests in cross-chain compute network Cudos Cudos, a multi-chain layer-2 solution providing Turing-complete compute and external data to blockchains, today announced that Cognitive Blockchain has made an equity investment in its parent company Cudo, and will be providing expertise to Cudo for the vast Chinese blockchain market. дальше »
2021-5-13 00:04 | |
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Urban Tea begins accepting BTC, DOGE, and ETH in all its stores
Urban Tea, a publicly-traded tea company has started accepting cryptocurrencies as payment in all its Chinese stores. A press release unveiled this news on May 10, noting that all Urban Tea stores operated by 39 Pu Tea Co. дальше »
2021-5-12 23:57 | |
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Macau casino investor bets on Bitcoin (BTC) amidst a bleak economic outlook
Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24. 3 Bitcoin ($1. 35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today. дальше »
2021-5-11 16:00 | |
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Ant Group to let MYbank users test China’s CBDC
Ant Group, an affiliate of leading Chinese multinational technology company Alibaba, is planning to let the users of online-only bank MYbank test China’s central bank-issued digital currency. A report unveiled this news on May 10, noting that this trial will let some of the bank’s customers link their accounts to China’s digital yuan application. дальше »
2021-5-11 00:35 | |
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AscendEx (former Bitmax) Review: Fees, Supported Coins, Security
Bitmax is a Chinese cryptocurrency exchange platform founded in 2018. The company’s goals are to build an autonomous platform suitable for investors of any level. The company has strong foundations, the CEO of the company, George Cao has experience working with investment funds and boasts a Ph. дальше »
2021-5-3 17:10 | |
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SEC Commissioner Says Chinese Digital Yuan Will Not Dethrone US Dollar
SEC Commissioner Hester Peirce stated the planned digital yuan will not eclipse the dollar. She cited the growth of stablecoins backed by the greenback. The post SEC Commissioner Says Chinese Digital Yuan Will Not Dethrone US Dollar appeared first on BeInCrypto. дальше »
2021-5-2 11:48 | |
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Chinese Crypto Exchange, Hotbit Goes Offline After Unsuccessful Cyberattack
Chinese crypto exchange, Hotbit, has shut down all of its services after suffering a cyberattack on Thursday. The cryptocurrency exchange with over 2 million users worldwide announced that it suffered an attack that forced some of its services to paralyze as the attached tried to access the exchange’s wallets. дальше »
2021-5-1 10:48 | |
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Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed it. дальше »
2021-5-1 01:30 | |
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Why The Chinese Government Started Mining Bitcoin (BTC)
Reporter Colin Wu shared news published by Chinese state media PengPai related to Bitcoin mining activities by the national government. At the very least, China’s view of cryptocurrencies is ambiguous, but according to the report they have been dabbing with BTC. дальше »
2021-4-30 02:42 | |
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Major State-Owned Banks Promote Digital Yuan Over Alipay and Wechat Pay
Six leading Chinese banks are promoting the digital yuan as a better alternative to existing major payment providers WeChat Pay and Alipay, ahead of an upcoming shopping festival. Banks Push for Digital Yuan Usage for Shopping Festival According to Reuters on Monday (April 26, 2021), China’s major state-owned banks are pushing the use of theRead More дальше »
2021-4-26 23:00 | |
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Texas wants to protect privacy elements of blockchain companies, says Blockcap
According to Darin Feinstein, the Chinese government isn't helping to protect the private property of its crypto miners.
дальше »2021-4-22 20:45 | |
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Bitmain Founder Warns Against This Future Threat For Bitcoin
Jihan Wu, the co-founder of Bitmain, is worried about Bitcoin’s future. Per a report by Colin Wu, the co-founder of Bitmain told Chinese miners there are “environmental protection issues”. Therefore, institutions currently buying or holding BTC could be more concerned about the origins of their coins. дальше »
2021-4-22 18:04 | |
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One of the biggest Bitcoin miners says Ethereum will soon cross $5,000
The owner of one of the world’s biggest mining pools says Ethereum (ETH) could reach the $5,000 to $6,000 range this bull run, as per Chinese news outlet Wu Blockchain. The post One of the biggest Bitcoin miners says Ethereum will soon cross $5,000 appeared first on CryptoSlate. дальше »
2021-4-20 04:00 | |
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China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). дальше »
2021-4-20 01:30 | |
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China Is Expanding Its Digital Yuan Trials to Include More Cities
Leading the race of central bank digital currency (CBDC), China's central bank has already tested the digital yuan in several cities, including Shenzhen, Chengdu, Suzhou, and Xiong'an. Still, there is no specific timeline for the CBDC’s official rollout, said central bank vice governor Li Bo in an annual gathering on Sunday of top Chinese and […] The post China Is Expanding Its Digital Yuan Trials to Include More Cities first appeared on BitcoinExchangeGuide. дальше »
2021-4-20 16:28 | |
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Chinese regulator says Bitcoin is an ‘alternative investment’
Li Bo, a deputy governor of People’s Bank of China (PBoC), the country’s central bank, said over the weekend that Bitcoin and stablecoins are ‘alternative investments’ in the eyes of the law. The post Chinese regulator says Bitcoin is an ‘alternative investment’ appeared first on CryptoSlate. дальше »
2021-4-19 11:35 | |
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Why A Central Bank of China Official Said Bitcoin Has Major Role in the Future
For the first time, a Chinese government official has recognized the value of Bitcoin and other cryptocurrencies. The People’s Bank of China Deputy Governor, Li Bo, called these assets an important part of the future at the Boao Forum for Asia, per a report by Colin Wu. дальше »
2021-4-19 23:00 | |
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Microsoft-Led Consortium Invests $1.3B in Largest Decentralized Storage Facility in China to Mine Filecoin (FIL)
Chinese tech consortium IPFS Union is investing over $1. 3 billion to build China’s largest decentralized storage in Jiangxi Province of Fuzhou City. As part of its “Big Data Industrial Park” project, the facility will mine Filecoin (FIL), a peer-to-peer data storage platform, allowing users to buy and sell storage without a third party, a blog […] The post Microsoft-Led Consortium Invests . дальше »
2021-4-17 21:11 | |
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Bitcoin Hash Rate Takes a Hit After a Coal Mining Accident in Northwest China
The hashrate of Bitcoin mining pools has plunged in the past 24 hours. According to BTC. com, Poolin saw the biggest drop of 34. 55% among the top miners, followed by Chinese cryptocurrency exchange Huobi’s Huobi. дальше »
2021-4-17 18:03 | |
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Chinese authorities arrested developers behind EOS-based gambling dApp
China’s police department in the Jiangsu province’s city of Yancheng recently arrested a group of blockchain developers. The developers in question worked on EOS’ blockchain, where they created a decentralized gambling application. дальше »
2021-4-16 14:42 | |
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Bitcoin Mining Pool Hashrates Plummet Following North-West China Blackouts
In a tweet earlier today, a Chinese journalist who goes by the handle @WuBlockchain attributed the Bitcoin hashrate declines to a blackout in Northwest China. The blackout was reportedly put in place for safety inspections. дальше »
2021-4-16 14:00 | |
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Iran's largest Bitcoin mining facility resumes operations after Chinese bailout
On one hand, the Bitcoin spot market has been witnessing a surge, while on the other, the mining industry in certain regions is being stifled. After remaining shut for four months, Iran's largest BitcThe post Iran's largest Bitcoin mining facility resumes operations after Chinese bailout appeared first on AMBCrypto. дальше »
2021-4-15 20:00 | |
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China’s Latest Digital Renminbi Trial Targets 500k People Plus Cross Border Payments
The Chinese government is conducting fresh digital yuan tests in six new provinces including Shanghai, Hainan, Changsha, Xi’an, Qingdao, and Dalian. The government has increased the scope of this latest DCEP trial from the previous 50,000 to 500,000 users. дальше »
2021-4-15 15:30 | |
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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 Company Meitu Buys Another $10M Bitcoin, Now Owns $100 Million in BTC and Ether
Publicly-traded Chinese company Meitu announced the purchase of an additional 175. 6 Bitcoin at approximately $10 million, as per the filing published on April 8. With this latest purchase, the company has completed its $100 million worth of crypto, Bitcoin, and Ether combined, accumulating ever since adopting a “cryptocurrency investment plan” in March this year. дальше »
2021-4-9 20:05 | |
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Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […] дальше »
2021-4-9 10:30 | |
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Peter Thiel calls Bitcoin ‘a Chinese financial weapon’ while Bloomberg says it could reach $400,000
Satoshi Nakamoto launched Bitcoin in January 2009 during the global financial crisis. The post Peter Thiel calls Bitcoin ‘a Chinese financial weapon’ while Bloomberg says it could reach $400,000 appeared first on CryptoSlate. дальше »
2021-4-9 03:30 | |
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Peter Thiel Calls Out The US for ‘Complacency on Innovation,’ Saying Bitcoin Is A ‘Chinese Financial Weapon’
“Pro crypto and Bitcoin maximalist” also criticized tech companies like Google and Apple for working with China because “everything in China is a civilian-military fusion,” and these companies are “effectively working with the Chinese military. дальше »
2021-4-8 16:42 | |
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Peter Thiel: China Using Bitcoin as a ‘Financial Weapon’
Thiel made these comments after he expressing worry the Chinese are using bitcoin to corrode the U. S. financial system. Bitcoin boogeyman Thiel gave his more-than-skeptical sounding comments at a virtual roundtable for members of the Richard Nixon Foundation on April 7. дальше »
2021-4-8 12:30 | |
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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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