China

CoinFlash

NFT Art Craze Spreads to China

The exhibition titled “Virtual Niche—Have you ever seen memes in the mirror?” will run from March 26 until April 4 in Beijing before moving on to Shanghai.

News  ·  12 March 2021
Exchanges

Weibo Suspends Huobi, Binance, OKEx Accounts After Bitcoin Surge

Chinese social media app Weibo suspended the official accounts of four major crypto exchanges: Huobi, Binance, OKEx and MXC.

Policy & regulation  ·  11 March 2021
Binance

Dapps Don’t Care About Your Feelings

By testing the limits of what's permissible on Binance Smart Chain, anonymous developers are testing whether it's really a blockchain.

Tech  ·  4 March 2021
China

CEOs of Coinbase, FTX and Binance Top Blockchain Billionaire’s List

According to Hurun Report's 2020 ranking, there are 17 blockchain billionaires, 11 of whom were new additions in 2020.

People  ·  4 March 2021
CoinFlash

Digital Yuan Likely to Feature at China’s ‘Two Sessions’ Meetings of Lawmakers: Report

The central bank digital currency is expected to be raised at China's biggest meetings of legislators later this week.

Policy & regulation  ·  2 March 2021
CoinFlash

Inner Mongolia to Shut Down Crypto Mining Industry: Report

The autonomous region has been under pressure to curb its energy consumption.

Policy & regulation  ·  1 March 2021
Ethereum

Chinese Companies That Have Nothing to Do With Crypto Are Pivoting to Mining

While these moves seem opportunistic at first glance, some of the companies are well-positioned to get involved in bitcoin mining.

Business  ·  26 February 2021
China

Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First

Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.

Markets  ·  24 February 2021
China

Bitcoin Poised for Further Losses After Two-Day Plunge Wipes Out More Than $100B

Even after a price plunge of more than $10,000 over the past couple days, analysts see further selling ahead.

Markets  ·  23 February 2021
China

Central Banks of China, UAE Join Hong Kong-Thailand CBDC Payments Project

The project will explore the capabilities of a DLT-based central bank digital currency in regional payments.

Tech  ·  23 February 2021
CoinFlash

Tencent and Ant Group-Backed Banks to Join China’s Digital Yuan Trial: Report

The two commercial banks join the six state-owned banks already participating in the CBDC trial.

Business  ·  22 February 2021
China

Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot

Urban Tea has hired two more executives ahead of its expansion into cryptocurrency mining.

Business  ·  18 February 2021
China

US Lawmakers Looking Into China’s Role in GameStop Pump: Report

Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.

Policy & regulation  ·  18 February 2021
China

Crypto Mining Farm Spotted Using Nvidia RTX 30 Gaming Laptops: Report

Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards.

Business  ·  11 February 2021
China

China Was Questioning Tesla About Quality Problems. Then Bitcoin Happened

How Tesla caught a lucky break.

Markets  ·  9 February 2021