Money or Assets? How World Governments Define Cryptocurrencies
Money? Commodities? Securities? Utility tokens? The world’s governments can’t agree on what cryptocurrencies really are Go to Source Powered by WPeMatico
China
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PR: BodyOne Blockchain Ecological Network Energizes the Fitness Industry
No one can defeat me as I am the one in full of oriental power”. – the classic and domineering lines in The Legend of the Swordsman – reappeared in Beijing City – the east of the world. Bin Li, who is known as a godfather of fitness club in China, InterValue, which is a … Read more
China: University IT Research Institute Partners to Form Blockchain Research Center
The Research Institute of Tsinghua University has recently partnered with China Internet Nationwide Financial Services to establish a blockchain research center Go to Source Powered by WPeMatico
China: World’s Fourth Largest Bank by Assets Trials Blockchain Loans Backed by Land
A $300,000 blockchain loan backed by land has issued by the Agricultural Bank of China, the world’s fourth-largest bank by assets Go to Source Powered by WPeMatico
Looming US Sanctions Lead Iran to Develop a National Digital Currency
Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not … Read more
The Daily: US Presidential Candidate Accepts Crypto, KICKICO Hacked – $7.7M Stolen
US presidential candidate, Andrew Yang (D), has announced that his campaign for the 2020 election is now accepting cryptocurrency donations. Also in the Daily, Chinese social network, Tianya, is about to issue a native token, and the KICKICO project has been hacked – resulting in the loss of $7.7 million USD worth of tokens due … Read more
Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada
In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining … Read more
Another Chinese Region Shuts Down Bitcoin Mining Operations
Cryptocurrency mining has always attracted controversy. This is primarily because so many people only see the negative side in terms of electricity usage. China is slowly ending all ‘unofficial’ domestic Bitcoin mining operations, and the territory of Xinjiang Uyghur is the latest to be affected. Removing Illegal Bitcoin Mining Firms From China It is evident … Read more
BRICS Summit: Major Banks From Member States Sign MoU on DLT Research
Five major banks from each BRICS member state have agreed to conduct a joint study of blockchain tech implementation Go to Source Powered by WPeMatico
Major Chinese Social Network Tianya to Launch Native Cryptocurrency Token
Major Chinese social network Tianya to release native cryptocurrency token Go to Source Powered by WPeMatico