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Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain […] The post Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-9-2 11:30 | |
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China: State-Owned Bank Deactivates Its Digital Yuan Wallet After Widespread Attention
The Chinese Construction Bank (CCB) — one of the largest state-owned banks in China, unexpectedly disabled public access of the digital yuan wallet a few hours after a successful soft launch because the feature reportedly drew too much attention according to CoinDesk on Aug 29. дальше »
2020-9-1 15:00 | |
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Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving
Canaan Inc, a leading Chinese Bitcoin mining hardware manufacturer published its unaudited second quarter (2020) financial results. As per the report, the company’s gross profit increased year over The post Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving appeared first on AMBCrypto. дальше »
2020-9-1 01:11 | |
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China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App
China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for public use within its official banking app. The users could navigate to the wallet by merely entering the national digital currency, which would take the users to the wallet feature where […] The post China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App first appeared on BitcoinExchangeGuide. дальше »
2020-8-31 18:36 | |
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First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry
Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges. дальше »
2020-8-31 15:54 | |
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Huobi and OKEx Battle for Supremacy in China
Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has historically focused on the lucrative Chinese market. дальше »
2020-8-31 13:00 | |
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China to implement its digital currency at the Winter Olympics Games
China wants to use its newly developed currency at the Winter Olympics Games in the coming years. The digital currency has become the center point of focus for the Chinese authorities since the cryptocurrency ban. дальше »
2020-8-31 03:15 | |
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Bitcoin Bound to React to Raised Electricity Costs in Inner Mongolia’s Crypto Mining Farms
Former Head of Inner Mongolia Electric Power Company was allegedly investigated by Chinese Authorities, following a recent disclosure that Inner Mongolia had suspended subsidized electricity costs for 21 out of 30 Bitcoin mining farms. дальше »
2020-8-29 16:41 | |
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Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […] The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News. дальше »
2020-8-29 19:30 | |
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US authorities go after 280 crypto accounts allegedly tied to North Korea
Two Chinese crypto exchanges allegedly lost millions of dollars to North Korean hackers.
дальше »2020-8-28 23:09 | |
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Everledger, JD.com Tap Blockchain for Diamond Authentication
Everledger and JD. com have announced the launch of a distributed ledger technology (DLT) solution designed to bring transparency to online diamond sales and reduce counterfeiting in the Chinese precious stones market, according to a report on August 25, 2020. дальше »
2020-8-26 01:00 | |
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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021. дальше »
2020-8-26 22:30 | |
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Huawei and Beijing Municipal Government Collaborate to a Build Blockchain-Governed Smart City
Huawei, the Chinese tech giant, has partnered with Beijing Municipal government to develop a blockchain-governed smart city to improve service delivery and data-sharing. This initiative comes as China intensifies its tokenomics dominance with the DC/EP set to be rolled out in major cities such as Beijing. дальше »
2020-8-26 20:20 | |
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Mark Zuckerberg Warned Trump Administration of Threats from Chinese Apps Like TikTok
Coinspeaker Mark Zuckerberg Warned Trump Administration of Threats from Chinese Apps Like TikTokIn a new twist to the TikTok saga, a new report claims that last year Zuckerberg discussed with White House lawmakers the threat from Beijing-based ByteDance (Tiktok's parent company) to other U. дальше »
2020-8-25 18:01 | |
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Bitcoin-critic China moved $50 billion in Tether fearing capital flight rules
Chinese citizens moved over $50 billion from the country using Tether to avoid upcoming capital flight rules, reported news outlet CNBC. The post Bitcoin-critic China moved $50 billion in Tether fearing capital flight rules appeared first on CryptoSlate. дальше »
2020-8-22 22:00 | |
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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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China to Stress Tests Its DCEP With High Volume Transactions; See If It Can Handle the Load
Chinese local news reports indicate China’s digital RMB test runs are currently ongoing in Shenzhen and Suzhou in Jiangsu province. The tests are currently limited to non-complex use cases such as retailing, catering, and topping up transport cards. дальше »
2020-8-21 21:36 | |
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Chainalysis: $50 billion was moved from China using cryptocurrencies
Over the past year, more than $50 billion in cryptocurrencies was moved from digital wallets in China to other jurisdictions, according to the latest Chainalysis report. Chinese people use cryptocurrencies to bypass financial cross-border controls. дальше »
2020-8-23 14:29 | |
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Chinese Iron Importers Favor Crypto Over US Dollars
Chinese iron ore importers want to adopt the digital yuan to make transactions less dependent on American currency.
дальше »2020-8-19 04:54 | |
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Chinese Bitcoin Mining Farms Hit Hard by Floods, Hash Rate Crashes Across Mining Pools
The hash rate of the largest network had a rocky start to 2020, seeing a huge drop following the March price crash and then due to May 11th halving. But now it has fully recovered and even eclipsed the previous levels. дальше »
2020-8-19 22:07 | |
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Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. дальше »
2020-8-19 20:30 | |
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Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China
Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan. дальше »
2020-8-18 06:43 | |
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China to Start Testing its Digital Yuan in Beijing and Other Major Cities
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […] дальше »
2020-8-15 01:23 | |
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Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran
During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. дальше »
2020-8-15 19:30 | |
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Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin
Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last.
дальше »2020-8-12 02:32 | |
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China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO
BSN, a Chinese government-backed blockchain platform, has just launched its official international website. The post China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO appeared first on CryptoSlate. дальше »
2020-8-11 13:00 | |
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Shanghai Gas Moves Into the Second Phase of Their Project With VeChain (VET)
Four months after announcing their partnership, the VeChain Foundation, and Shanghai Gas (Group) Co. Ltd, have entered the second phase of the energy giant’s digitization drive. This is as per reports on Aug 9 where Chinese media outlets revealed that the present objective is to check the feasibility of the VeChainThor integration. дальше »
2020-8-10 21:00 | |
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All Aboard the Bitcoin Express Says Max Keiser on Asian Capital Flight
For investors, Hong Kong has long served as the global financial system’s friendly intermediary with China. But after a year of social upheaval, the Chinese Government has imposed a comprehensive new national security law that would reportedly grant it “semi-autonomy” until 2048. дальше »
2020-8-11 16:40 | |
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How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto
The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »
2020-8-8 06:00 | |
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Four Top Chinese State-Owned Banks Are Testing The Chinese Digital Yuan Project (DCEP)
In an unconfirmed report, four Chinese state-owned banks are gradually testing the ‘digital renminbi’ wallet app and Digital Currency/Electronic Payment (DCEP) system in different provinces across the country. дальше »
2020-8-8 16:17 | |
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Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’
Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […] дальше »
2020-8-6 15:25 | |
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Blockchain salaries spike due to high demand in China
Demand for Chinese blockchain developers demand is at an all-time high According to recent... The post Blockchain salaries spike due to high demand in China appeared first on Coin Journal. дальше »
2020-8-7 14:27 | |
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Tesla’s China Competitor Xpeng Motors Raised $400M Ahead of U.S. IPO
Coinspeaker Tesla’s China Competitor Xpeng Motors Raised $400M Ahead of U. S. IPOXpeng Motors, a Chinese electric car manufacturer reportedly raised $400 million ahead of an initial public offering (IPO) in the United States adding onto $500 million that it raised in July. дальше »
2020-8-5 14:29 | |
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Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’
This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. дальше »
2020-8-5 03:00 | |
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NIO Stock Price Increases 2% Today as Nio Company Shows Rise in Deliveries
Coinspeaker NIO Stock Price Increases 2% Today as Nio Company Shows Rise in DeliveriesNio stock price is rising. Deliveries in July have reached record highs. The Chinese company may become a serious competitor to Elon Musk's Tesla. дальше »
2020-8-4 17:10 | |
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Tencent to build a blockchain for the Chinese wine industry
High quality wines depend on very specific conditions to achieve their quality, so it... The post Tencent to build a blockchain for the Chinese wine industry appeared first on Coin Journal. дальше »
2020-8-4 12:52 | |
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The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners
Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever. дальше »
2020-8-4 11:00 | |
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Xuzhou Kiwi Orchard To Build Supply Chain Traceability Platform on the IOST Blockchain
Xuzhou Kiwi Orchard—a leading Chinese producer of Xuxiang kiwi, has partnered with decentralized enterprise-grade blockchain protocol IOST in a deal that will see the farm use the IOST blockchain to build a supply chain traceability solution. дальше »
2020-8-4 21:00 | |
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