China’s Congress Proposes Blockchain Development Fund
NPC, China’s parliament suggests a government backed blockchain development fund to build a better governance system. Go to Source Powered by WPeMatico
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Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Go to Source Powered by WPeMatico
Ontology Partners With German Startup to Accelerate Supply Chain Identity Solutions
The blockchain firms are hoping to forge greater collaboration between DLT platforms based in the East and West Go to Source Powered by WPeMatico
China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate. Go to Source Powered by WPeMatico
Layer1 Stabilizes Texas Grids With ‘Bitcoin Batteries’
Layer1 will release electricity in response to spikes in consumer demand that may threaten local power grids, such as during heatwaves Go to Source Powered by WPeMatico
Plus Token Leadership Faces Criminal Prosecution in China
PlusToken main criminal suspect got caught and is now facing local court prosecution Go to Source Powered by WPeMatico
Crypto Exchanges Speak Out as Binance Takes CoinMarketCap’s Top Spot
OKEx, Huobi and Bitfinex speak out on Binance’s buyout of CMC: “A partnership with a clear conflict of interest” Go to Source Powered by WPeMatico
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that bitcoin mining operations have … Read more
Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
Third-party actors step in to impersonate the digital yuan officials, hoping to attract gullible investors Go to Source Powered by WPeMatico
Several Chinese Media Outlets Setup a “Blockchain-Powered News” Department
The alliance looks forward to establishing a blockchain-backed news department that supports its media distribution Go to Source Powered by WPeMatico