china

Little Known DeFi Token OverTakes MakerDAO in MCap, Is YFI Next?

UMA, a platform for creating synthetic financial contracts is quickly rising up the ranks as it's governance token takes on…

1 month ago

Bitcoin Mining Expert On the Impact of New Gov. Restrictions in China

Reportedly, about 21 mining farms running a 2000 MW mining unit in the Inner Mongolian region in China are getting…

1 month ago

Tether Flips Bitcoin [BTC] as the Medium of Transfer with a Capital Flight to Stablecoins

After Ethereum's rising fees due to DeFi boom, now Tether surpasses the 7-day average adjusted transfer value on Bitcoin. Another report…

1 month ago

Chinese Govt. to Promote Digital Currency [DCEP] at Winter Olympics

While the west is busy with yield farming and worries over devaluation of US Dollar, the Chinese Govt. is strongly…

2 months ago

PlusToken: Biggest Cryptocurrency Scam or Bitcoin Bear Trap?

Since the second half of 2019, we witnessed a bear market in crypto markets attributing to the sell-off by PlusToken…

2 months ago

Chinese Authorities Unearth $3 Billion PlusToken Ponzi Scheme

PlusToken's Ponzi scheme was finally taken down by the Chinese authorities after the Ministry of Public Security arrested over 27…

2 months ago

China Begins to FOMO into the DeFi Space with Customization: Analyst

The crypto market is witnessing a massive bull run initiated by the growth of the DeFi space. While the surge…

2 months ago

US Behind In The CBDC Game? Former CTFC Chairman Discusses Importance Of Digital Dollar

China is well ahead in the development of the CBDC, while other countries are catching up, the United States is…

2 months ago

China Publishes Blueprint of a Blockchain Based ‘Programmable Society’

In October 2019, a public speech made by the Chinese President, Xi Xinping, caused a historic pump in Bitcoin. While the…

3 months ago

China’s CBDC All Set To Be Tested By Tencent-Backed Food Delivery Giant

China has time and again revealed the progress of its Central Bank Digital Currency [CBDC], the digital yuan. Latest reports suggest…

3 months ago

With US Sanctions Likely, A Crypto Settlement Crisis Looms in Hong Kong

The Maintenance of the National Security Law was on June 30, 2020, swiftly passed during the meeting of the 13th…

3 months ago

Political Fights At Another Leading Bitcoin Miner Manufacturer, Co-founder Leaves Board

Reports from China indicate that senior executives of Canaan creatives, one of leading bitcoin miner manufacturer, have been fired. The purge…

3 months ago

Bitcoin Miners to See a Big Geo-Political Shift from China to N. America, F2Pool

According to the observations made by F2Pool, in the latter half of the year, we could finally witness a more…

3 months ago

China’s National Blockchain Services Network (BSN) Is Integrating Chainlink

In a move that further cements the importance of vetted, real-world data, China’s Blockchain Services Network (BSN) will integrate Chainlink…

3 months ago

China, Brazil Most Likely To Opt For Crypto As Alternative To Fiat

Deloitte's latest survey suggests that inclination towards the use of blockchain technology as well as cryptocurrencies has witnessed a significant…

3 months ago

Bitcoin Miners Bank Cards Frozen By Chinese Authorities In Sichuan

There are fears of “bulk bank cards freezing” that has affected the operation of Bitcoin and crypto miners in the…

4 months ago

Former Chinese Central Bank Official Points Out Bitcoin’s One Key Weakness

Bitcoin is the most successful commercial application of blockchain technology, suggests Wu Xiaoling the previous Deputy Governor of China's Central Bank. However,…

4 months ago

Is China In Process Of Creating A Specialized Blockchain Fund?

A proposal for the creation of a specialized blockchain fund has been forwarded by Jieqing Tan to the National People’s…

4 months ago

Bitcoin Miner Capitulation of the New Gen. Will Begin at This Price: Analyst

The total Bitcoin [BTC] hash-rate has fallen below COVID-19 crash levels, and this time around exit seems to be permanent…

4 months ago

Will Declining Usage Of Cash Force Bank of Canada (BOC) To Launch Its Own Digital Currency?

There are two scenarios which will force the Bank of Canada (BOC) to issue its own digital currency. First, if…

4 months ago