Chinese Bitcoin Miners Control Two-Thirds of Global Hashrate
Chinese Bitcoin miners have extended their share of the global hash rate. Currently, they control two-thirds of Bitcoin’s processing power, Reuters reported yesterday, citing a...
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create...
Sunday Digest: Bitcoin, Banks And Bananas
An art lover who paid $120,000 for an installation of an over-ripe banana duct-taped to a wall, had his investment eaten by a performance artist. One hopes that if he has that much...
BIS Fears Central Banks May Lose Relevance to Private Cryptos
For Agustin Carstens, head of the Bank of International Settlements (BIS), central banks cannot concede their roles as gatekeepers of the global financial system to private cryptos...
Waltonchain CEO Steps Down, Makes Way For New Leader
Waltonchain, the blockchain-based supply chain tracking platform, is reshuffling its leadership. The position of CEO will now be taken by Do Sang Hyuk, who will bring in experience as...
Will Europe Beat China in the Central Bank Crypto Race?
The European Central Bank has been urged to move quickly w.r.t it’s crypto euro launch if it is to gain the edge over other regions (read China). Crypto Euro Plans Pursued...
Bitcoin Price to Continue Upward Trajectory Over the Next 5 Years
Despite the recent price struggles for bitcoin, Spencer Bogart says the top-ranked crypto will continue to see an upward growth trajectory in the next five years. The Blockchain...
Is a Blockchain Based Future in China Really a Good Thing?
Crypto markets are still cooling off from a massive bout of FOMO that originated from China last month. The state’s new endorsement of blockchain technology sent a shock wave of...
Is Japan Following China with Central Bank Crypto Plans?
China is relentlessly pressing ahead with its blockchain drive and central bank crypto but it is not the only nation in the region riding the digital asset train. Japan’s central...
Sunday Digest: Bitcoin Price And Other Crypto News
China announced that it was introducing facial scans for mobile phone users in an attempt to further monitor its citizens to ensure real identities are used online. We asked if the...
Binance CEO Clarifies Situation on Crypto in China
In a recent interview, the enigmatic chief executive of crypto exchange Binance expressed his views on the current situation in China. There has been a lot of unwarranted FUD emerging...
Bitcoin, Crypto Markets Bounce Back as China Crackdown FUD Wanes
The correlation between any further oppression of the bitcoin and crypto industry in China and market movements appears to be crumbling. Mainstream media is still firmly behind the...