China’s Blockchain Service Network integrates three more public chains
China’s BSN is moving forward with its plans. Go to Source Powered by WPeMatico
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No one can refuse China’s digital currency, says central bank exec
The digital renminbi is legally compensatory to China’s fiat currency. Go to Source Powered by WPeMatico
China’s national blockchain project to support DAML smart contract language
Digital Asset’s DAML will connect diverse blockchains on a national DLT project in China. Go to Source Powered by WPeMatico
The Blockchain Service Network will stimulate China’s CBDC plans
The wait for CBDCs continue. Go to Source Powered by WPeMatico
From open arms to full bans: The latest on crypto regulation in Asia
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation. Go to Source Powered by WPeMatico
Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners are finding it difficult to obtain next-generation application-specific … Read more
Bitcoin hashrate remains strong during monsoon season
Mining operations in China were not adversely affected by the heavy rains. Go to Source Powered by WPeMatico
6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid schemes.” The Plustoken scam was a large heist that managed to … Read more
A recap of last week’s ‘DeFi Marathon’ hosted by CT China
China looks into DeFi. Go to Source Powered by WPeMatico
Chinese mining giant Canaan announces $10 million share buyback
Canaan will try to drive up its Nasdaq-listed stock from the $2 price mark. Go to Source Powered by WPeMatico