Xive co-founder tells Forkast.News no mining is possible in the south, while other regions still survive.
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China Crypto Ban
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.