Study: China’s BTC Miners Control 66% of Global Hash Rate
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says Go to Source Powered by WPeMatico
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Market Update: Despite Uncertainty, BTC Longs Skyrocket
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying to surpass upper resistance, skeptics think crypto prices … Read more
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative Go to Source Powered by WPeMatico
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform Go to Source Powered by WPeMatico
Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
Tech billionaire Wu Jihan has reappeared at the helm of Beijing-based mining giant Bitmain Go to Source Powered by WPeMatico
After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings
Ethereum holds the second spot in China’s blockchain rankings after its latest hard fork Go to Source Powered by WPeMatico
China Releases Year-End Crypto Rankings
China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Year-End Crypto Rankings The Center … Read more
China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds
China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises Go to Source Powered by WPeMatico
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities Go to Source Powered by WPeMatico
PBoC Issues Financial Bonds Over its Private Blockchain
China remains a very mysterious nation in many different ways. The country is keen on blockchain technology, and the People’s Bank of China is taking things one step further. Earlier this week, the PBoC began issuing financial bonds over the blockchain to small businesses. China’s Blockchain Venture Continues These bonds will serve as SMB loans, … Read more