China’s Internet Watchdog Issues Draft Regulations for Blockchain-Based Info Services
China’s internet censor has published new draft regulations for blockchain-based information service providers Go to Source Powered by WPeMatico
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Trump Tariffs to Impact Chinese Mining Hardware Manufacturers
The escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech Neutral’ Cryptocurrency Regulations Harsh Hardware Duties In June, the Office of the United … Read more
Cobo Raises $13M in Series A Funding Round
Chinese startup Cobo raised $13 million this week in a Series A financing round led by DHVC and Wu Capital. The Beijing-based company — established by Bihang wallet developer Changhao Jiang and Shixing “Discus Fish” Mao, the co-founder of F2Pool — said it will use the funds to support the international expansion of its two … Read more
Confirmed: Baidu and TRON to Cooperate on Cloud Computing Resources
Officially confirmed: decentralized Internet project TRON and China’s “Google” Baidu will cooperate on cloud computing resources Go to Source Powered by WPeMatico
Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases
Chinese mining hardware manufacturers may have to contend with steep U.S. tariffs under a new regime introduced this summer by the Trump administration Go to Source Powered by WPeMatico
BTCC Launching Cryptocurrency Exchange in South Korea
Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTCC Expanding Into South … Read more
Report: Baidu-TRON ‘Partnership’ Involves Cloud Computing Provision, Not Blockchain
Report: unconfirmed “partnership” between TRON and Chinese search giant Baidu will center on cloud computing, not blockchain Go to Source Powered by WPeMatico
Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network
A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the mining network. Also Read: Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders Researchers Argue China is the “Most … Read more
China’s Central Bank Seeks Digital Currency Specialists
China’s central bank, the People’s Bank of China, is seeking professionals with digital currency and blockchain experience Go to Source Powered by WPeMatico
Singapore Hosts New Fiat-Crypto Exchange, Welcomes Crypto Bank Accounts
It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports. Also read: Salt to Offer Crypto-Backed Loans in 7 Global Markets, … Read more
