Alibaba Files US Patent for Blockchain Domain Name Management System
Alibaba has filed a patent for a means of systemizing blockchain domain names across chains Go to Source Powered by WPeMatico
China
Auto Added by WPeMatico
Alleged Chinese Ponzi Scheme PlusToken has Collapsed
Cryptocurrency scams and pyramid schemes will always be present. One Chinese project, called PlusToken, is currently generating a lot of attention. It seems this project raised roughly $2bn worth of Bitcoin and has now begun liquidating it. While the evidence is still circumstantial, it would explain the current bearish market trend. The PlusToken “Ponzi Scheme” … Read more
$3B Ponzi Scheme Is Now Allegedly Dumping Bitcoin by the Hundreds
Wallets belonging to PlusToken reportedly contain thousands of Bitcoin and other cryptocurrencies Go to Source Powered by WPeMatico
Central Banks Worldwide Testing Their Own Digital Currencies
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also … Read more
Bitcoin Drops to $10,000 in Recent Downtrend
Bitcoin’s price has crashed to $10,000 in a somewhat volatile month, last trading at the $10,000 mark on Aug. 1 Go to Source Powered by WPeMatico
Hong Kong Is Paying Higher Prices for Bitcoin Amid Political Unrest
Bitcoin price premiums emerge as political tensions and protests continue in Hong Kong Go to Source Powered by WPeMatico
Grayscale Argues BTC Hedges, With US-China Trade War As Case Study
Grayscale argues that Bitcoin hedges against global liquidity risks, using its growth alongside US-China trade tensions as a case study Go to Source Powered by WPeMatico
BitMart Announces Investment From China-Based VC Firm Fenbushi Capital
BitMart has joined an array of over 50 international blockchain projects Fenbushi Capital has invested in, aiming to achieve more efficiency in the global economy Go to Source Powered by WPeMatico
PR: Bitkan and Bitcoin.com Announce Strategic Partnership
BitKan and Bitcoin.com have officially signed a Strategic Collaboration agreement together. Both parties will leverage on each other’s global resources to achieve a mutually beneficial win-win relationship. The post PR: Bitkan and Bitcoin.com Announce Strategic Partnership appeared first on Bitcoin News. Go to Source Powered by WPeMatico
Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive
Bitcoin is becoming a safe haven asset during trade war Go to Source Powered by WPeMatico