Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in...
A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23...
China’s Proposed Bitcoin Mining Ban Would Be Good For BTC Price
China’s top economic planning body has unveiled its plan for future industrial structure, categorising industries as ‘encourage’, ‘restrict’ or...
Chinese Bitcoin Investors Are Happily Paying a Markup For Tethers
As Bitcoin price surged over 27 percent in the past week, traders in China are paying a markup for Tether stablecoins, which offer an easy way to buy cryptocurrencies. Tether Offers...
China’s Resurgent Stock Market is Seeing Profits Flow Into...
China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No.2 Entry Fiat Currency Statistics gathered...
Chinese Billionaire, Zhao Dong, Says Get Bitcoin Now ‘While No...
Zhao Dong, Bitcoin billionaire and one of China’s biggest OTC traders, has taken to WeChat to opine on the industry. He predicts no thaw of crypto-winter this year...
Bitcoin Nodes Exit China After Regulations for ‘Healthy...
New data shows that December and January saw the biggest changes in Bitcoin nodes in China and France, as the former introduced madatory registration with the government. China...
Gov’t Indecision on Cryptocurrencies Helps China, Says Former...
Reporting in The Hill, Washington’s top political news source, former Republican George Nethercutt says it’s time for policymakers to allow cryptocurrencies and innovation to...
China Quietly Makes It Illegal to Run a Node Without Gov’t...
China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace...
New Survey Finds 40% of Chinese Want To Invest In Bitcoin
A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to...
Study: Asia Has More Impact on Bitcoin Price Than America and Europe
With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States...
‘You Will Be Kicked Out’ – China Officially Bans...
The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation...
Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off...
The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’...