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In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018. … Read more
China to lead new research group for IoT and blockchain, promoting international standardization Go to Source Powered by WPeMatico
San-Francisco-based bank Wells Fargo has filed a patent for a tokenization system that would protect sensitive data in a flexible and content-neutral manner Go to Source Powered by WPeMatico
With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for … Read more
According to a report on the social media platform Yours.org, software developers associated with the mining giant Bitmain plan on launching a smart contract protocol for the Bitcoin Cash (BCH) network. The project called ‘Wormhole’ will utilize the increased data-carrier-size and OP_Return transactions alongside a protocol based on the Omni Layer project. Also read: Group or … Read more
This year, China recorded an almost sixfold surge in the number of companies registered with “blockchain” in their names Go to Source Powered by WPeMatico
Deputy director of China’s IT Ministry has called for industrial-scale blockchain adoption for the new digital economy Go to Source Powered by WPeMatico
China is one of the more technologically advanced nations in the world, and with its population closing in on 1.4 billion, it was naturally one of the biggest Bitcoin markets during the cryptocurrency’s early days. Many of the biggest exchanges in the world were established in the Asian nation, with reports indicating that at one … Read more
This week has seen both Shanghai Stock Exchange and Santander signal interest in implementing blockchain into securities trading Go to Source Powered by WPeMatico
In today’s edition of Bitcoin in Brief, we cover two decentralized exchanges – an Irish team that’s launching its Local Token Exchange and the already operating Bancor that has reported a security breach and admitted the loss of $12.5 million worth of coins. Also, hackers in China have mined cryptos worth $2 million using malware … Read more
