Bitcoin Mining Difficulty Falls By 11% In Largest Drop Since China’s Ban – Details
Recent data shows that the Bitcoin mining difficulty has experienced a major decline in the last day. This development follows ...
Tag: china
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, ...
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 ...
