Chinese Internet Giant Tencent Launches Blockchain Accelerator
A total of 30 places available for early-stage and mature startups on Tencent’s new blockchain accelerator Go to Source Powered by WPeMatico
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The Case for a Surging Tokenization Demand Following the COVID-19 Pandemic
The coronavirus pandemic has changed businesses worldwide, and tokenization might be the best tool to adapt to the new world Go to Source Powered by WPeMatico
China’s Attitude to Crypto Can’t Change Significantly in the Short Term: Expert
Analyst at a Chinese-led investment research firm said he does not expect China to change its stance towards crypto rapidly Go to Source Powered by WPeMatico
Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm
The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable lines in order to siphon free electricity from … Read more
Report: Bitmain Earned Over $300 Million in 2020 Despite Rumored Problems
Bitmain has already earned over $300 million this year despite rumoured economic and legal problems, new report suggests Go to Source Powered by WPeMatico
CZ Blames ‘Self-Perceived Competitors’ for New DDoS Attacks on Binance
Binance CEO Changpeng Zhao confirms DDoS attacks on Binance, blaming “self-perceived competitors” for the attack Go to Source Powered by WPeMatico
China’s Cyberspace Regulators Approve 224 Blockchain Ventures
Over 200 blockchain projects have been approved by China’s cyberspace regulators Go to Source Powered by WPeMatico
1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
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 … Read more
Chinese Court Declares Ethereum Legal Property With Economic Value
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 … Read more
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities Go to Source Powered by WPeMatico