Bitcoin News
Crypto miner ships China-based rigs abroad in deal with U.S. fossil fuels firm
Optimum Mining Host-Black Rock Petroleum plan comes as Canaan seeks greener operations through Czech partnership.
Timmy Shen
Contributor
Timmy Shen
Timmy Shen is a Taipei-based journalist at Forkast. Previously, he wrote for Caixin Global and TechNode, covering topics ranging from fintech to fan economy. He also cares about LGBT+ issues and is a shabu shabu fanatic. Timmy holds an MS degree from Columbia Journalism School.
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Regulation
Russia looks to tap demand for power as crypto miners flood out of China
Plentiful electricity, cold climate are among drawcards as Chinese mine operators flee crackdown at home.
Timmy Shen
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NFTs and Art
Chinese fireworks artist Cai Guoqiang auctions first NFT for $2.5M
Chinese fireworks artist Cai Guoqiang has entered the world of non-fungible tokens, recently auctioning off his first NFT work for US$2.5 million. Fast facts Cai’s work “Transient Eternity — 101 Ignitions of Gunpowder Paintings,” commissioned by the Rockbund Art Museum in Shanghai, was auctioned on TR Lab for US$2.5 million after a 48-hour bidding period […]
Timmy Shen
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Regulation
China’s digital yuan moves a step closer with smart-contract technology
Central bank in apparent push for adoption ahead of Olympics as it doubles up on warning over non-state cryptocurrencies.
Timmy Shen
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Upcoming NFT Projects
Hong Kong’s South China Morning Post to make NFTs to preserve history
Hong Kong newspaper the South China Morning Post is making a foray into the world of non-fungible tokens in the latest move by a Hong Kong publisher to preserve content through blockchain technology. Fast facts The SCMP today released its “ARTIFACT” lite paper, a project designed to advocate “a standardized metadata structure for recording accounts […]
Timmy Shen
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Regulation
Malaysian police are crushing it in illegal Bitcoin mining crackdown
In viral video, Borneo police use a giant steamroller to destroy 1,069 crypto mining rigs that had been caught running on stolen electricity.
Timmy Shen
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Regulation
Hong Kong raid uncovers suspected US$155M crypto laundering scheme
Tether stablecoins linked to funds funneled to banks in Singapore and elsewhere amid worldwide cryptocurrency crime increase.
Timmy Shen
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NFT Marketplaces
Chinese viral news photo debacle shakes confidence in NFTs
Proliferation of copycat non-fungible tokens based on media image sparks fresh concerns over authenticity, creators’ rights.
Timmy Shen
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Regulation
China explores ways to classify cryptocurrency crimes
A Shanghai procuratorate has held a seminar gathering judges, police, procurators and scholars to discuss how crimes related to cryptocurrency fit into China’s current legal framework. Fast facts The procuratorate said in a post on Monday that there had been confusion as to how to categorize cryptocurrencies. Some consider them data, while others regard them […]
Timmy Shen
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NFTs and Art
NFTs and the music industry: Token gesture or transformative technology? | Part 1
In the first of a four-part series, Forkast.News looks at how non-fungible tokens may be changing who calls the tune in the recording business.
Timmy Shen
