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Nanjing China to Launch $1.5 Billion in Local Blockchain Project Funding
Nanjing, the capital of China’s Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes. дальше »
2018-7-24 02:26 | |
Blockchain Investment Fund Launches in China’s Nanjing to Develop Public Projects
China’s relentless march towards blockchain development is continuing, with reports indicating that a Chinese city will be supplying capital for a $1. 5 billion blockchain fund. China’s Admiration for Blockchain Technologies Continues with the Nanjing Fund Nanjing, the capital of the Jiangsu province in Eastern China, has just launched a blockchain-centric fund with 10 billion Chinese. дальше »
2018-7-24 01:00 | |
Nanjing Invests $1.5B in Public Blockchain Projects and Token Economy
The capital city of Jiangsu province, Nanjing has launched a $1.5 billion blockchain investment fund to boost the token economy and public blockchain projects in China. Despite its outlawing of many aspects of the cryptocurrency industry, blockchain technology has finally received the support of the government. Consequently, almost 41 percent of all Chinese startups that дальше »
2018-7-24 00:42 | |
Chinese Nanjing Invests $1.5 Billion into Public Blockchain Projects and Token Economy
The capital city of Jiangsu province, Nanjing has launched a $1. 5 billion blockchain investment fund to boost the token economy and public blockchain projects in China. The post Chinese Nanjing Invests $1. дальше »
2018-7-24 21:28 | |
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 | |
Bitcoin is being used by Chinese crypto millionaires to buy Real estate abroad! What a shocker!
Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad. дальше »
2018-7-21 15:12 | |
Hyperloop TT strikes deal to build test track in China
Hyperloop Transportation Technologies (HTT), a crowdsourced enterprise, has struck a deal with China to build a test track in the Chinese province of Guizhou. Engadget reported that the track will cover a distance of 10 km. дальше »
2018-7-19 10:10 | |
Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring
On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China’s Guangdong Province. дальше »
2018-7-15 14:30 | |
Chinese Police Arrest Over 500 Suspects in Illegal Crypto Sports Betting Scandal
Local police reports published today, July 12th, from China’s Guangdong province reveal that 540 criminal suspects from 20 different Chinese gangs have been arrested for involvement in a massive online sports betting ring. дальше »
2018-7-14 12:28 | |
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 Police Arrest Over 500 Suspects in Illegal Crypto Sports Betting Scandal
Local police reports published today, July 12th, from China’s Guangdong province reveal that 540 criminal suspects from 20 different Chinese gangs have been arrested for involvement in a massive online sports betting ring. дальше »
2018-7-12 22:54 | |
Teen requires surgery to remove knotted USB cable from penis
I think it’s fair to say that few of us have made decisions we didn’t later come to regret. But personally, I can proudly say that inserting a USB cable into my urethra was never one of them. An unnamed (thankfully for him) 13-year-old from China’s Heilongjiang province was hospitalized after cutting off the end of a USB cable, and inserting approximately 10 centimeters of what remained into his urethra. дальше »
2018-7-12 03:21 | |
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 | |
Thousands of Miners Reportedly Damaged, Heavy China Rainfall
Sichuan province has been hit by continuous heavy rainfalls in the last weeks, affecting thousands of people and causing heavy economic losses, according to the Ministry of Water Resources. According to the National Meteorological Center, heavy rainfall hit areas including Hubei, Sichuan and Jiangsu provinces from last Thursday to Sunday. “The Sichuan province had become дальше »
2018-7-6 21:06 | |
Heavy Rainfall in China, Thousands of Miners Reportedly Damaged
According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China. дальше »
2018-7-6 18:50 | |
Bitcoin [BTC] miners take a hit after Chinese floods in Sichuan
Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output. дальше »
2018-7-3 17:19 | |
70% of China’s Bitcoin mining facility damaged due to heavy floods
Overview Southwestern Chinese province, Sichuan has just been struck with heavy storms bringing damaging floods which have wiped out many Bitcoin mining machines. China is known for being a world-wide leader in Bitcoin mining as they have cheap electricity, excess coal, and most of the leading Bitcoin mining pools situated there. дальше »
2018-7-2 18:39 | |
China Province Sichuan Sees Damaged Crypto Mining Operation Due to Floods
Cryptocurrency mining activities have been growing all over the world during the last years. China has became one of the main hubs for virtual currency operations in the world. But due to heavy floods in the Sichuan province, a major cryptocurrency mining operation has been heavily damaged by the water. The information has been reported […] дальше »
2018-7-2 23:57 | |
Bitcoin Hashrate Drops as China Floods Knock Out ‘Tens Of Thousands’ of Miners
Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners. Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output. дальше »
2018-7-1 19:00 | |
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 | |
Regulator Survey triggers concerns about the general knowledge of Critiot
The securities regulator in Canada’s Ontario province has raised concerns that public knowledge of cryptocurrency appears to be lacking, despite a growing interest in the nascent technology among local residents. дальше »
2018-6-29 13:43 | |
Controller Study: 5% of the Ontario Open Hold Crypto Assets
The securities regulator in Canada’s Ontario province raised concerns in a report that public knowledge of cryptocurrency appears to be lacking despite a growing interest in the nascent technology among local residents. дальше »
2018-6-29 11:32 | |
Quebec electricity price hike: Crypto miners must pay up to 3 times the current rate
Japan Confirms Entrance Into the Crypto Space Price Hike for Crypto Miners Quebec, a province in eastern Canada, offers one of the lowest power rates in North America. Quebec has been trying to attract crypto miners with its inexpensive electricity and cold winters, as news. дальше »
2018-6-23 07:32 | |
Quebec Hikes Electricity Price: Crypto Miners to Pay up to 3 Times Current Rate
The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations. дальше »
2018-6-23 05:40 | |
Quebec Raises Power Tariff for Cryptocurrency Miners
Quebec province has decided to raise the power tariff for cryptocurrency miners in the region. The policy will apply to all miners until the province finds an alternate solution to feed the power-hungry industry. дальше »
2018-6-22 21:43 | |
Bitcoin Miner “Stole” 150 MW of Electricity according to Chinese Police
A Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local media outlet Xinhua reports June 22. The suspect, known only by his surname Ma, allegedly mined Bitcoin and Ethereum on two hundred computers in the country’s Anhui province, all of which have been дальше »
2018-6-22 19:06 | |
Siacoin [SC] malware allows internet cafes to mine $800k, 16 suspects arrested
Police in Rui’An city in Zhejiang province arrested 16 suspects for colluding with Chinese computer maintenance firms to mine cryptocurrency by means of malware designed specifically to mine Siacoin from the affected device. дальше »
2018-6-21 23:28 | |
Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again
In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […] The post Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again appeared first on Bitcoin News. дальше »
2018-6-12 16:24 | |
Quebec suspends Mining Power Requests while the cryptocurrency sector is flourishing
Quebec, one of the province and territory of Canada announced on 7th June 2018, that it has suspended approvals of the new digital currency mining projects. This action has been taken in order to facilitate Hydro Quebec, the energy management sector of Quebec, to continue supplying the power to all other provinces. These mining operations […] дальше »
2018-6-11 23:40 | |