Chinese Central Bank Governor Defines STOs as ‘Illegal Financial Activity in China’
The governor of the Chinese central bank has stated...
Report: Bitcoin Mining Doesn’t Fuel Climate Change, It Benefits the Global Economy
The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such...
A Chinese Government-Controlled Bitcoin Alternative Is Reportedly in the Works
In the midst of a sino-U.S. trade war, the People’s Bank of China is working to develop its own cryptocurrency prototype. It apparently believes this centralized digital asset can...
How Crypto Miners Are Adapting to Survive the Bear Market
In the current crypto bear market, miners have been battered due to the depreciation of digital assets, leaving many operations struggling to generate profit. In some cases, miners have...
Billionaire Crypto Investor to Develop Stablecoin Within Hong Kong-Based Blockchain Fund
China’s Bitcoin “tycoon” Li Xiaolai will develop a stablecoin...
China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices
Tencent and the Shenzhen Municipal Taxation Bureau will launch...
Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout
A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade...
Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions
Chinese mining giant Bitmain will close its Israeli blockchain...
Chinese Miners Short BTC Markets to Hedge Against Falling Prices
The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners...
Chinese Mining Giant Bitmain Releases ‘Crypto Index’ Tracking Bitcoin, 16 Altcoin Prices
Bitmain has released the Bitmain Crypto Index, designed to...
