US Response to Facebook’s Libra Is ‘Ridiculous,’ says Coinbase CEO
The U.S. government reacted to Facebook’s Libra “like they almost want to be left behind,” says Coinbase CEO Brian Armstrong Go to Source Powered by WPeMatico
China
Auto Added by WPeMatico
China Merchants Bank Subsidiary Uses Blockchain for DeFi Applications
China Merchants Bank International is partnering with Nervos to apply blockchain technology to its financial services Go to Source Powered by WPeMatico
CBMI Partners With Sequoia-Backed Startup to Develop DeFi Services
China Merchants Bank International is partnering with Nervos Network to jointly develop new decentralized finance applications Go to Source Powered by WPeMatico
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money … Read more
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’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