China

Bitcoin Miners Hold Onto Rigs, Betting the Bull Run Will Continue

Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.

Tech  ·  25 August 2021

Digital Yuan Used in China’s Domestic Futures Market for First Time: Report

The interbank payment using the e-CNY afforded a zero cost, efficient and convenient payment option in real time, according to the report.

News  ·  24 August 2021
Bitcoin

Cuando China habló, bitcoin reaccionó. ¿Cuando lo hizo Estados Unidos? No tanto

Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.

News  ·  23 August 2021
China

Crypto Trading Isn’t Protected by Law, Shandong Province High Court Says

The ruling contradicts that of a court in Shanghai last week.

News  ·  23 August 2021
Bitcoin

Crypto Long & Short: When China Spoke, Bitcoin Reacted. America? Not So Much

It could just be the U.S. is not the center of the crypto universe.

Policy & regulation  ·  22 August 2021
China

35 Chinese Banks Add Digital Yuan to Apps as Lenders Prepare for Adoption: Report

Another 94 banks plan to access the CBDC via a clearing platform.

News  ·  20 August 2021
China

‘Block Kong’: Dim Sum in a Crypto Hub

A global center for finance, Hong Kong is an often overlooked hub for the blockchain industry, as documented in "Block Kong."

Features  ·  19 August 2021
China

Justin Sun’s Weibo Account Among 7 That Seem to Be Blocked

News source BeatleNews is also among those flagged as violating platform rules.

People  ·  19 August 2021
Chainalysis

Crypto Adoption Shifts to Emerging Markets as China, US Drop in Chainalysis Global Rankings

Crypto adoption has increased 23-fold globally over the past year with India, Pakistan and Ukraine driving the surge.

Markets  ·  18 August 2021
China

Shenzhen PBoC Launches Crypto Trading ‘Clean-Up’: Report

China's central bank vowed earlier in August to keep high pressure on crypto trading.

News  ·  17 August 2021
China

Huobi Revenue Took a Hit in July, Token Burn Suggests

The lower burn value is a "natural response" to last month's market trends, a spokesperson said.

News  ·  16 August 2021
China

Honor Releases First Snapdragon Smartphone With Digital Yuan Wallet

The PBoC has been pushing for hardware applications of the digital yuan.

News  ·  13 August 2021
DeFi

Poly Network Prepares for Hacker to Return Millions in Stolen Crypto

The hacker who stole potentially $600 million from Poly Network asked for a multisig wallet to return the funds.

News  ·  11 August 2021
Ether

Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost

DeFi platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto.

News  ·  10 August 2021
FTX

Chinese Crypto Traders Remain Confident in Binance Despite Regulatory Woes

Traders in China appear to be more concerned about the future of Huobi and OKEx.

Markets  ·  4 August 2021