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Nearly 13,000 Chinese social media accounts that allegedly promoted virtual currency investments were closed, the Cyberspace Administration of China recently revealed. In addition, some 51,000 social media posts with content relating to the marketing or promotion of investments in virtual currencies were removed. 105 Websites Shut Down A Chinese regulator, the Cyberspace Administration of China […]Powered by WPeMatico
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well.
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China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn will not be able […]Powered by WPeMatico
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips on Crypto Trading, Mining Banned in China The China Netcasting Services Association […]Powered by WPeMatico
Xinjiang crypto miners forced to shut down, Antpool hash rates drop by 30%, and Baidu and Weibo try to scrub crypto players from their platforms.
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The government doesn’t want a Chinese version of Elon Musk, an expert said.
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Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at the bitcoin mining colossus, one of which claimed poor financial performance of […]
The post Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn appeared first on Bitcoin News.
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According to regional reports from China, a village located within the Wenzhou, Zhejiang region called Yuedong has been gathering attention due to its receptiveness toward cryptocurrencies and blockchain technology. In consonance with social media posts on Weibo, roughly 60 percent of the residents in Yuedong know about cryptocurrencies and many of the villagers have invested […]
The post China’s Wenzhou Residents Bolster the Idea of a ‘Blockchain Village’ appeared first on Bitcoin News.
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TRX made a hit as the first cryptocurrency whose value exceeded a hundred times of its issuance price in 2018 when the New Year had been only a few days away. In a flash, it squeezed itself into the Top 20 list of cryptos with highest market capitalization. Since then, TRON has recruited a mighty tech team and released a series of iterations. Albeit good news now and then, TRON is never short of controversaries and even rumors.
The post PR: Tron Mainnet Launched – Young Team Dispelled Rumors with Sweat, Perseverance and Success appeared first on Bitcoin News.
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Hong Kong-based media have reported that the country’s major search engines and social media networks do not appear to be presenting paid adverts for products or companies associated with bitcoin and other cryptocurrencies. Reports have alleged that the censorship of cryptocurrency ads may date back to the announcement that The People’s Bank of China (PBOC) […]
The post China Censors Cryptocurrency Ads on Search Engines and Social Media appeared first on Bitcoin News.
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