China: Media Alliance to Use Blockchain Technology for Copyright Protection

30 major Chinese media outlets established a new alliance...

Hong Kong: Purported Bitcoin Millionaire Reportedly Arrested After Making It ‘Rain Cash’

A purported Bitcoin millionaire has reportedly been arrested in...

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...

U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam

Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32.5 million) from the exchange in February. The company claimed...

China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices

Tencent and the Shenzhen Municipal Taxation Bureau will launch...

PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’

Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same...

Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions

Chinese mining giant Bitmain will close its Israeli blockchain...

Chinese Central Bank Governor Defines STOs as ‘Illegal Financial Activity in China’

The governor of the Chinese central bank has stated...
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