TikTok Has 1st Viral Bitcoin Video as Owner Launches DLT Venture
ikTok records the first viral Bitcoin video after the firm’s owner reportedly launched a blockchain-related venture in China Go to Source Powered by WPeMatico
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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. Also read: Regulatory Roundup … Read more
Chinese Court Freezes $676K in Assets of Bitmain Manufacturing Subsidiary
The Shenzhen Bao’An District Court in China has frozen $676,000 in assets of a Bitmain subsidiary Go to Source Powered by WPeMatico
Ex-Bitmain Chip Designer Reportedly Arrested for Alleged Embezzlement
A former leading chip designer at Bitmain has reportedly been arrested on suspicion of alleged embezzlement Go to Source Powered by WPeMatico
Chinese Courts Increasingly Use Blockchain Technology To Settle Cases
China’s smart internet courts have applied blockchain and artificial intelligence to decide on millions of legal actions Go to Source Powered by WPeMatico
TikTok Owner Reportedly Working With Chinese State Media on Blockchain
TikTok’s parent company to develop blockchain and artificial intelligence business models with a Chinese state-owned media firm Go to Source Powered by WPeMatico
Bitcoin Miner Canaan’s Shares Plunge 40% Since IPO in November
Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its IPO Go to Source Powered by WPeMatico
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also … Read more
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of the yuan just rose to its highest level since … Read more
BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020
Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. CEO Adam Traidman took some time to field questions from news.Bitcoin.com this week, detailing BRD’s … Read more