In the long run, the new rules may ‘lay the perfect foundation’ to improve risk management, says an ICBC expert.
Xive co-founder tells Forkast.News no mining is possible in the south, while other regions still survive.
Top blockchain and crypto news: Fed nominations suggest no sudden moves. El Salvador’s Bitcoin lava affair. Dodgy dealings in China’s digital yuan.
Inner Mongolia police bust yet another digital yuan money laundering case.
China’s mining exodus has flowed to the cowboy state that embraces crypto, but it might have to take into consideration the surging power loads.
Top blockchain and crypto news: Spot ETFs stymied as SEC stands firm. Is Bitcoin’s Taproot upgrade worth the wait? China’s crypto mining goes underground.
China may be banning crypto mining activities, but rig makers appear to be spared from the clampdown.
Chinese police have busted yet another tele-fraud case related to e-CNY money laundering as the country continues to test the digital currency.
As crypto projects are relocating from China to friendlier shores, it represents ‘huge opportunity’ for Taiwan.
‘Double Eleven 2021: Common Prosperity’ — how an NFT project examines Chinese tech giants’ dominance
In a 48-second, computer-generated 3D animation, ROK uses a decentralized format to offer an ironic take on China’s internet giants crowding to host the shopping holiday.
The greatest number does not mean the greatest significance, analytics firm PatSnap says.
As speculation continues over the fate of the Chinese property development giant, crypto markets were not spared the downturn over fears of its potential collapse.
Top blockchain and crypto news: Ethereum rises and rivals follow. Taxing times for US investors. New life for reborn crypto miner.
Canaan is seeking $14 million in alleged losses from Shenzhen HighSharp Electronic Technology and Sichuan Yinbimei Technology.
e-CNY scam investigated meanwhile S Korea gets metaverse bug
Police crack a tele-fraud case related to digital yuan money laundering, potentially thanks to the CBDC’s ‘managed anonymity’ feature.
Top blockchain and crypto news: Stablecoins at regulatory crossroads. Squid Game crypto players suffer shocking fate. Are metaverses China’s new national insecurity?
The hacked DeFi platform called China’s cyber police first thing as most users appear to be in China.
Ant Group and Tencent recently rebranded NFT projects as digital collectibles amid China state media criticism.
Behind this year’s giddy markets, evil and tragedies abound. Just in time for Halloween, Forkast.News shakes out the skeletons in crypto’s closet.
Top blockchain and crypto news: Is Tesla’s turbocharge a boost for Bitcoin? Mastercard’s Bakkt with a new crypto deal. Chinese NFTs on knife-edge.
Local miners told Forkast.News that existing legal miners won’t be much affected, though they’re still subject to power rationing.
Tech giants banish non-fungible token references as Beijing looks down new virtual asset market.
Top blockchain and cryptocurrency news: Bitcoin grows up. Facebook’s metaverse journey. China’s crypto investors find a workaround.
More industry players are exiting the Chinese mainland market amid tougher crackdown.
Chinese find ways around crypto ban meanwhile ANZ settles debanking case
Some are registering companies overseas, via — you guessed it — Taobao vendors.
Authorities encourage new ways to apply blockchain across various industries, although there’s no room for crypto
South Korean presidential hopefuls lean towards delaying crypto tax to impress younger voters.
Hidden mining tracked by IP addresses to state agencies, enterprises, institutions, schools
U.S., Kazakhstan, Russia take up largest Bitcoin hashrate shares as the exodus of Chinese miners continues.
The country’s top economic planner hopes to prohibit investment in what it considers an energy-intensive sector.