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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


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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


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


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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


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


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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


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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


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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