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

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

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

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

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

‘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

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

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

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

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

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

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

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

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