Report: Bitmain Plans to Set Up 200,000 Crypto Mining Machines in China
Major cryptocurrency mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China Go to Source Powered by WPeMatico
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China’s Alibaba Partners With Chinese Software Giant to Promote Blockchain Development
Chinese e-commerce conglomerate Alibaba has signed a strategic cooperation agreement with software giant Aerospace Information to promote blockchain technology Go to Source Powered by WPeMatico
China: Shenzhen Issues Country’s First Subway Electronic Invoices Backed With Blockchain
The Shenzhen Metro and Chinese tech giant Tencent are now using the WeChat payment platform for electronic blockchain invoices Go to Source Powered by WPeMatico
CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike
Back in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter. Now, close to two years and three months later, a surge of CNY has been flowing back into the digital currency economy after the Shanghai Composite posting … Read more
Chinese Government Officials Targeted With Ransomware, North Korea Suspected
A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has … Read more
Crypto Startup Behind Alibabacoin Agrees to Stop Using ‘Alibaba’ Name After Legal Action
The startup behind the former Alibabacoin has changed its name after legal action by Chinese e-commerce giant Alibaba Group Go to Source Powered by WPeMatico
Mining Giant Canaan Seals ‘Hundreds of Millions of Dollars’ in New Funding: Report
Alleged huge funding round for Canaan suggests tide could be turning for Bitcoin mining Go to Source Powered by WPeMatico
China’s Wenzhou Residents Bolster the Idea of a ‘Blockchain Village’
According to regional reports from China, a village located within the Wenzhou, Zhejiang region called Yuedong has been gathering attention due to its receptiveness toward cryptocurrencies and blockchain technology. In consonance with social media posts on Weibo, roughly 60 percent of the residents in Yuedong know about cryptocurrencies and many of the villagers have invested … Read more
Most Popular Cryptocurrencies in India According to Exchanges
Several Indian crypto exchanges have shared data with news.Bitcoin.com on the most traded cryptocurrencies on their platforms so far this year. Crypto enthusiasts in India have been buying and selling a wide range of cryptocurrencies despite the central bank’s roadblock which stops crypto exchanges from accessing banking services. Also read: Indian Government Confirms Cryptocurrency Regulation … Read more
P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela
During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. Also Read: Turkish Real Estate Agency Sells 9 Houses … Read more