A purported Bitcoin millionaire has reportedly been arrested in Hong Kong for having made it “rain cash” in one of the poorest parts of the city. A supposed Bitcoin (BTC) millionaire has been arrested in Hong Kong after “making it rain cash” on the streets, local English-language news outlet the Shanghaiist reported on Dec. 17.… Continue reading Hong Kong: Purported Bitcoin Millionaire Reportedly Arrested After Making It ‘Rain Cash’
Category: china
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Blockchain Policy Development in China Concentrated in Three Cities
One third of national blockchain-related policies in China have been made in three areas: Beijing, Shanghai and Guangzhou. Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related… Continue reading Blockchain Policy Development in China Concentrated in Three Cities
China: Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline
Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with… Continue reading China: Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline
Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions,… Continue reading Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
Chinese Retail Giant JD.com Launches Blockchain Research Lab
Chinese e-commerce giant JD.com has partnered with two technology institutes to launch a blockchain research lab to examine new applications of the technology. Chinese retail giant JD.com is further gaining a foothold in blockchain technology by launching a research lab for blockchain in partnership with two technology institutes, according to an announcement published Oct. 30.… Continue reading Chinese Retail Giant JD.com Launches Blockchain Research Lab
Largest Chinese Newspaper to Launch Blockchain Lab After New Deal With Tech Company
The venture capital wing of the People’s Daily Online has signed an agreement with tech company Xunlei Limited to launch a blockchain laboratory. The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory… Continue reading Largest Chinese Newspaper to Launch Blockchain Lab After New Deal With Tech Company
Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases
Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts… Continue reading Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases
Crypto Behind Bars: Arrests Making Headlines Across the Globe
From soap actors to former lawmakers, Cointelegraph takes stock of some of the most illustrious arrests of the figures behind crypto’s high crimes and misdemeanours this year. Gone are the days when shady dealings in crypto were perceived as immune to the clutches of law enforcement. Illicit crypto proceeds can be shuttled between wallet addresses… Continue reading Crypto Behind Bars: Arrests Making Headlines Across the Globe
JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI
A division of Chinese e-commerce giant JD.com has opened a center for developing “smart cities” with blockchain technology and AI. A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28. Jingdong Group (JD.com) is a Chinese e-commerce company that… Continue reading JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI
Chinese Tech Giant Baidu Releases ‘Super Chain’ White Paper
Chinese search engine Baidu has released a white paper for its so-called “Super Chain” technology. Chinese search engine and web services company Baidu has released the Baidu Blockchain White Paper V1.0 on Wednesday, September 26, which describes the development of a “Super Chain” network system. Baidu Blockchain Lab released the blockchain white paper focused on… Continue reading Chinese Tech Giant Baidu Releases ‘Super Chain’ White Paper