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China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges

China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 “websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland. дальше »

2018-8-23 19:00


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China Officially Bans All Crypto-Related Commercial Activities

China’s most popular messaging app, WeChat, has been asked to shut down the accounts of several blockchain and crypto-related news outlets as new regulations are enforced.   China Makes Ban Official According to the latest tweet by Dovey Wan — the Managing Director of Dhanua Capital, a California-based venture capital fund — the Chinese government authorities have released an official order asking to ban all the cryptocurrency-related commercial activities and events. дальше »

2018-8-22 21:00


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Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada

In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […] The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News. дальше »

2018-7-27 03:15


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By Semptember Chinese Region Will Close “Illegal” Bitcoin Miners

China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. “Local utility agencies and companies will be held accountable if they failed to shut down ‘illegal’ bitcoin mining operations,” the EIC writes. He said: “I have two partners (in the region): дальше »

2018-7-23 18:21


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Ignorance is Bliss! Reactionary Economists Keep Yelling at Bitcoin

Joseph Stiglitz, Nouriel Roubini, and Kenneth Rogoff have once again come out of the woodwork to attack Bitcoin — though they might need to get their facts straight.   ‘No Government Can Allow That’ Joseph Stiglitz, a Nobel Prize-winning economist and professor at Columbia University, believes Bitcoin will be shut down by governments around the world — while illustrating a serious lack of knowledge on what Bitcoin even is. дальше »

2018-7-9 21:00


Binance Exchange Bringing Home Bad Press Amidst Trading Platform Errors

Binance Brings Home Bad Press Shock waves are coursing through the cryptosphere after a massive heist of BTC from the world’s leading crypto exchange by trading volume. Although somewhat muted in response, Binance has shut down for “systems maintenance” and the prospect of panic withdrawals looms once the exchange reopens. As the dark news spreads, […] дальше »

2018-7-5 22:43


Coinbase Pro Trading Exchange Officially Open For Use, Critics Chime In

Coinbase, one of the most important and popular cryptocurrency-related platforms in the world, has decided to shut down its exchange GDAX and open a new one called Coinbase Pro. Unfortunately for the Los Angeles-based company, the new service has received a few critics in just the few days they have been open for trading and […] дальше »

2018-7-1 23:47