23,000 Bitcoin In Limbo As China Detains Scam Boss Chen Zhi
Cambodia has detained and extradited Chen Zhi, the alleged operator of a sprawling “pig-butchering” and online fraud network, to China, ...
Tag: china
China Turns To Interest Rates To Kick-Start Digital Yuan Adoption
According to reports, China will let commercial banks pay interest on balances held in digital yuan wallets starting January first, ...
Bitcoin Mining Hit Hard: 10% Hashrate Loss Linked To China Shutdowns
According to a post by former Canaan (a Chinese tech company) executive Jianping Kong, Bitcoin’s estimated hashrate fell roughly 10% ...
Hong Kong Stablecoin Hub Ambitions At Risk Following Beijing’s Latest Crypto Warning – Report
Hong Kong’s stablecoin hub dreams have reportedly taken a hit after the People’s Bank of China (PBOC) singled out the ...
China’s Central Bank Reaffirms Ban On Digital Assets – Details
The People’s Bank of China (PBOC) has reaffirmed its commitment against cryptocurrency trading after confirming a resurgence in market speculation. ...
China’s Bitcoin Hashrate Jumps To 14%, Securing 3rd Place Globally
China has quietly worked its way back into the top three global Bitcoin miners, holding about 14% of the network’s ...
Bitcoin Mining Back In China Despite Ban: Hash Share Climbs To 14%
Bitcoin mining has seen a resurgence in China despite being banned since 2021, with miners quietly starting operations to use ...
Trump Warns Of China’s Crypto Surge, Calls For US To Take Lead
US President Donald Trump warned this week that China is moving fast into the bitcoin and crypto area, and he ...
