Employee Fined For Mining BTC on Nuclear Research Center Supercomputer
Employee gets fined $7,000 for illegally mining Bitcoin on a supercomputer at a nuclear research center Go to Source Powered by WPeMatico
China
Auto Added by WPeMatico
China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation
China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says Go to Source Powered by WPeMatico
Despite Lower Prices, Bitcoin’s Hashrate Remains Strong
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto prices, the SHA-256 hashrate has remained unscathed and continues to show persistent … Read more
Chinese Homecoming — Crypto Companies Make Their Way Back to Asia
After leaving China in 2017, Binance recently made its first major investment in the country by backing a local crypto/blockchain media outlet called Mars Finance Go to Source Powered by WPeMatico
China’s Central Bank: Digital Currency Has ‘No Timetable’ for Launch
China isn’t quite ready to launch a digital token after all, says PBoC Go to Source Powered by WPeMatico
Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
An Armenian IT company illegally used $150,000 worth of electricity to mine crypto from inside a hydroelectric plant Go to Source Powered by WPeMatico
Binance to Launch Fiat-to-Crypto OTC for Chinese Yuan in October
Binance confirms plans to roll out its over-the-counter trading platform for Chinese yuan in October Go to Source Powered by WPeMatico
Changes Afoot for Philippine Crypto-Friendly Economic Zone
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, including 40 crypto … Read more
Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments
Bobby Lee, co-founder and ex-CEO of China’s first crypto exchange BTCC, says the Chinese have always seen Bitcoin as an investment rather than as a payment system Go to Source Powered by WPeMatico
Binance Makes First Chinese Investment Since Leaving Country in 2017
Binance makes its first strategic Chinese investment by participating in a $200 million funding round in crypto publication Mars Finance Go to Source Powered by WPeMatico