Blockchain News, Events and Companies
In a recent report, the Beijing News analyzed a case which involved more than 100 people who were scammed out of 7,000 BTC. Wei Xiao, a council member at the Bank of China Law... 2 min read →
One of the largest social media platforms in the world, Chinese-based WeChat, has banned cryptocurrency trading on its platform. According to the company’s updated payment policy, merchants and users who engage in crypto trading... 2 min read →
China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact... 3 min read →
Bitmain announced its next-generation of mining ASICs for Bitcoin, Bitcoin Cash, and other SHA256 coins. The growing difficulty in manufacturing these computer chips raise concerns around network decentralization for these cryptocurrencies. Bitmain is China’s... 4 min read →
Bitmain, the largest mining hardware manufacturer in the world, has launched a new 7nm ASIC mining chip which achieves new levels of performance, chip size, and energy efficiency for mining Bitcoin (BTC) and Bitcoin... 2 min read →
Hong Kong is tightening its regulatory grip on cryptocurrency exchanges and related businesses by bringing them under the purview of the Securities and Futures Commission (SFC), as reported by Asia Nikkei Review on Dec. 17.... 2 min read →
China’s central and largest bank by market capitalization has officially banned all security token offerings (STO) and any related investment and businesses involved in the practice. STOs Face Government Wrath As reported by the... 2 min read →
In a recent controversy brought to light by Amber AI, Hong Kong-based cryptocurrency exchange OKEx has been allegedly engaging in “market manipulation and fraud,” impacting $400 million in trades. Investors are unable to seek... 2 min read →
Bitmain’s billionaire co-founder Jihan Wu may sell over 1 million Bitcoin Cash SV (BCHSV), following the successful completion of a scheduled Bitcoin Cash hard fork on Nov. 15. I am wondering when I can deposit... 3 min read →
Asia’s traditional financial market has begun to recognize the investment merits of cryptocurrencies and its potential to be accepted as a formal asset class. Earlier this month, the Hong Kong’s Securities and Futures Commission... 4 min read →
Headmaster Lei Hua has been fired from his job at a school in Hunan, China, after a total of nine mining rigs were found stealing his school’s electricity to mine Ethereum, the BBC reported... 2 min read →
Throughout the past 24 hours, several publications and public figures have misreported that China has put an end to its blanket ban on bitcoin and the cryptocurrency exchange market. On Nov. 9, one cryptocurrency-focused... 3 min read →
China’s central bank the People’s Bank of China (PBC) encouraged the government to increase supervision of blockchain-related ventures in a working paper released on Tuesday, warning that “bubbles were apparent,” according to Reuters. "China... 2 min read →
Hong Kong unveiled a new set of regulations aimed at governing the local cryptocurrency trading and funding market in a move that seeks to improve investor protection and the city’s status as a premier... 2 min read →
A Chinese arbitration court declared crypto-assets such as Bitcoin must be treated as legal property, despite an infamous blanket ban on cryptocurrencies in the country. Chinese Court Classifies Bitcoin as Property As reported by... 2 min read →
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Following the ICO fervor of 2017, investing in decentralized projects has become a highly cautious endeavor requiring immense scrutiny and research to avoid fraud. Integrating blockchain and machine learning, Decentralized Analysis System (DAS) aims... 2 min read →
The cryptocurrency exchange sector in Hong Kong may soon see an upheaval, as the city’s Securities and Futures Commission (SFC) explores various aspects of regulating the myriad of cryptocurrency trading bourses operating in the... 3 min read →
Despite a blanket ban on cryptocurrencies and related businesses, China’s central bank is employing cryptographers and blockchain engineers to launch a state-issued digital currency presumably, reported South China Morning Post on Oct. 12. BitYuan... 2 min read →
An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency. YuanCoin to... 2 min read →
Cryptocurrency enthusiasts seeking a “.neo” domain name will now be able to bid on the unique domain suffix as the NEO Name Service (NNS) went live on Oct. 9, according to a tweet. Expanding... 2 min read →