Top blockchain and crypto news: Otherdeeds debacle stings with gas fee spike. Algorand scores World Cup deal. Will China be forced to embrace Bitcoin?
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China Crypto Ban
Anthony Scaramucci, founder of investment firm SkyBridge Capital and former White House communications director, says governments such as those in China and the US will inevitably allow for people to own and trade cryptocurrencies.
Chinese authorities cracked down on crypto related crimes on Consumer Rights Day. Meanwhile in Kazakhstan, the former President’s brother was busted for illegal crypto mining operations.
No more Burger King, Nike and Muji. This year’s annual focus on marketplace abuse names and shames crypto scams.
Top blockchain and crypto news: Digital currency battling Russian invasion. Ethereum remains NFT projects’ chain of choice. China to lock up crypto traders.
The crypto market tanks after Russian President Vladimir Putin announces a military operation in Ukraine. Meanwhile, Japan’s biggest financial group closes it’s blockchain payment venture.
Political chaos and power shortages are causing miners to flee a nation that only recently became the world’s second-largest Bitcoin producer.
Internet blackouts are partially restored but access remains unpredictable to support full crypto mining, industry players say.
Countries acted to encourage — or discourage — cryptocurrency and other blockchain-based assets, sending markets wildly up and down.
From China’s ban to FATF’s travel rule, crypto regulations have been top of mind this year. How might regulatory impulses and current trends play out?
On top of China, authorities in Russia and Ukraine are busting underground miners, while U.S. Senator Elizabeth Warren presses a New York miner.
Xive co-founder tells Forkast.News no mining is possible in the south, while other regions still survive.
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.
China may be banning crypto mining activities, but rig makers appear to be spared from the clampdown.
As crypto projects are relocating from China to friendlier shores, it represents ‘huge opportunity’ for Taiwan.
Canaan is seeking $14 million in alleged losses from Shenzhen HighSharp Electronic Technology and Sichuan Yinbimei Technology.
Top blockchain and crypto news: Stablecoins at regulatory crossroads. Squid Game crypto players suffer shocking fate. Are metaverses China’s new national insecurity?
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.
Local miners told Forkast.News that existing legal miners won’t be much affected, though they’re still subject to power rationing.
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.
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
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.
As China intensifies its crypto crackdown, regulatory clarity is a beacon for safer shores in Southeast Asia.
In a special Q&A, a Canadian law advisor who works with Chinese clients breaks down the ban’s potential legal boundaries and concerns held by overseas Chinese.
This week, FTX announced it is moving its headquarters from Hong Kong to the Bahamas, as the larger Caribbean region takes on a bigger role as host to virtual currency exchanges.
Against the global tide of digital asset adoption, China’s harshest crypto ban yet heralds golden opportunities, writes Richard Byworth of EQONEX. Other governments should take note.
How is China’s latest clampdown on crypto different from its previous bans — and how do authorities plan to catch the scofflaws? Henri Arslanian of PwC breaks it down.
Bitcoin and Ethereum prices fall after Beijing intensifies crackdown on crypto trading, mining.