Binance CEO Changpeng Zhao confirms DDoS attacks on Binance, blaming “self-perceived competitors” for the attack
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Binance CEO Changpeng Zhao confirms DDoS attacks on Binance, blaming “self-perceived competitors” for the attack
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Over 200 blockchain projects have been approved by China’s cyberspace regulators
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The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt about mining in 2018. Back then the government and China’s central bank […]
The post 1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining appeared first on Bitcoin News.
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A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property. Court Ruling: ETH […]
The post Chinese Court Declares Ethereum Legal Property With Economic Value appeared first on Bitcoin News.
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The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities
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Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
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Bank of China has a plan for fintech development and it’s now expanding pilot projects in six more cities to strengthen fintech regulation
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China has launched its Blockchain-based Service Network to support the creation of a digital economy and build smart cities
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WeBank has filled almost 632 patents and 80% of them were related to technologies like blockchain
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China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents a digital yuan. This week, regional reports show that 19 well known […]
The post Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency appeared first on Bitcoin News.
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