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Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. Go to Source Powered by WPeMatico
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence of illicit activities. Police Freeze Bank Accounts of Crypto Traders The … Read more
A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. Go to Source Powered by WPeMatico
China Wanxiang Holdings Vice Chairman believes blockchain along with other high tech will lead a more globalized world. Go to Source Powered by WPeMatico
Suzhou wants to implement a blockchain-based pilot program to use real-time notarial tracing functions across the country. Go to Source Powered by WPeMatico
Blockchain-based supply chain solutions proliferate, as VeChain establishes partnerships with fresh meat suppliers. Go to Source Powered by WPeMatico
Wu Xiaoling highlighted the benefits of the Bitcoin network and highlighted some of the weaknesses it faces nowadays. Go to Source Powered by WPeMatico
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty. Go to Source Powered by WPeMatico
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan have been threatened by local authorities. Sources say a hydropower station discharge sparked a … Read more
Tencent Cloud — Tencent’s cloud computing arm — is forming a blockchain alliance to further the industrial implementation of the technology. Go to Source Powered by WPeMatico