Blockchain News, Events and Companies
BitPay, a Bitcoin payment processor, was criticized by the Hong Kong Free Press for arbitrarily suspending donations to the publication, alleges editor-in-chief Tom Grundy. BitPay suspends donations to Hong Kong Free Press BitPay was... 1 read →
GXChain, one of the most highly rated blockchain projects in China, was recently raided by Chinese authorities. The price of the project’s native token GXC plummeted in response to the news. Police crack down... 3 min read →
Chinese crypto exchange Huobi will make its first foray into a physical product with the launch of its sixth token offering on IEO platform, Huobi Prime. Huobi traders will have the opportunity to purchase... 3 min read →
Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to... 3 min read →
NEO is aggressively expending resources to compete with Ethereum in a race to become the most “developer-friendly” blockchain. Supported by several Microsoft veterans, the project is leading an ambitious build-out of the platform’s core... 5 min read →
Binance said it will be learning from Facebook’s mistakes with Libra, taking an even “more conservative” approach with its stablecoin, Venus. Besides compliance, it differs from Libra in that it will primarily focus on... 2 min read →
The People’s Bank of China (PBOC) will roll out China’s sovereign digital currency, DC/EP, as early as November this year, distributing it to seven institutions including Alibaba, Tencent, and the four largest banks in... 3 min read →
Protesters in Hong Kong have taken to a new non-violent tactic, withdrawing cash in mass from ATMs and banks and converting it to U.S. dollars—foreshadowing things to come for Bitcoin. On Aug. 16, protesters... 5 min read →
Allegedly collapsed China-based Ponzi scheme Plus Token may be liquidating on exchanges portions of a reported $3.5 billion cache of stolen cryptocurrency, according to venture capitalist Dovey Wan, who is now appealing to the... 2 min read →
Evidence shows EtherDelta was sold to new owners in China and used in an exit scam. Chinese authorities are allegedly taking legal action against the decentralized exchange, according to documents provided by Dovey Wan,... 2 min read →
Amidst intensifying geopolitical risks and growing uncertainty in the global financial market, heavyweight investors like Michael Novogratz and Travis Kling foresee Bitcoin emerging as a viable alternative store of value. “With the yuan over... 2 min read →
The co-founder and CEO of Circle Jeremy Allaire affirmed that there is a “macro-correlation” between Bitcoin’s price movement and the current trade war between China and the United States that could lead to wider... 2 min read →
Binance now offers wealthy traders a “personalized way” to conduct trades larger than 10 BTC off of the exchange’s order books via over-the-counter (OTC) trading. Binance trading introduces block trading services One of the... 2 min read →
Samson Mow, the chief strategy officer at Blockstream, revealed on July 27, 2019 that the Bank of China has published an article that explains how Bitcoin works, and why its price keeps increasing. Yesterday... 2 min read →
![Justin Sun is allegedly being held by Chinese authorities [UPDATED]](https://cryptoslate.com/wp-content/themes/cryptoslate-2017/imgresize/xtimthumb.php,qsrc=https,3A,_,_cryptoslate.com,_wp-content,_uploads,_2019,_07,_justin-sun-china-thumb.jpg,aw=200,ah=200,aq=75.pagespeed.ic.im0TJH_oYn.jpg)
According to a report by Caixin, a Chinese media outlet, the CEO and founder of TRON Justin Sun is under border control for accusations that have yet to be confirmed. Update @ 11:39 am... 2 min read →
A court in Hangzhou, China, upheld Bitcoin’s status as “virtual property.” The ruling reaffirms that Bitcoin is legal to own in China and indicates to holders that they will be protected by the country’s... 2 min read →
China’s leading public blockchain projects, NEO and Ontology, will be working together on establishing the foundation for next-gen internet. In a press release shared with CryptoSlate, the companies said that the partnership will focus... 2 min read →
Videos of protestors attempting to enter the research and development center of a Tron partner in China went viral. Justin Sun responded to allegations of inaction related to the Ponzi scheme, masquerading as Tron,... 3 min read →
China’s central bank is creating its own cryptocurrency in response to Facebook’s Libra, said Wang Xin, director of the People’s Bank of China’s (PBOC) research bureau. Reasoning behind China’s hostility towards cryptocurrency China’s stance... 2 min read →
News about a police raid of Tron’s offices in Beijing has gone viral on Twitter, with many people assuming the company was investigated for scams. However, the situation was vastly exaggerated as the police... 2 min read →