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Despite all its previous efforts to prevent the people it rules from engaging in the online trading of cryptocurrencies, the Chinese government is taking further action to deter the practice. According to reports, local internet users can still access the Chinese social media accounts of former-mainland exchanges abroad and regulators have now acted to prevent … Read more
China’s Huawei may be working on a Blockchain-based verification system to protect intellectual property rights #NEWS Go to Source Powered by WPeMatico
Crypto in China is alive despite all bans. Chinese exchanges, digital currencies and Blockchain projects by conglomerates prove it #ANALYSIS Go to Source Powered by WPeMatico
Just recently the firm Crescent Electric Supply Company conducted a study that showed the cost of mining one single bitcoin in each state in the U.S. Since then the company’s subsidiary business Elite Fixtures took the research further by charting the cost to mine a single bitcoin in each country across the world. Also read: … Read more
Every country produces its share of underperforming altcoins. They’re called shitcoins for a reason. But China has a track record for creating altcoins that are shittier than most. The country has spawned a slew of talented developers, and has made a huge contribution to cryptocurrency adoption and innovation as a whole. But when it comes … Read more
Québec, Canada has recently been thought to be a bitcoin mining boom town, as more data centers set up there to take advantage of relatively cold climes and low cost electricity. Not everyone is happy about it, especially the local government who fail to see why decentralized, invisible, magic internet money is worth anything at … Read more
A hitherto unknown coin, Ravencoin, has piqued the interest of Bitcoin-backing, early adopting Overstock.com. Are they onto another winner? #ANALYSIS Go to Source Powered by WPeMatico
A member of China’s top political advisory board proposes that the country launch a national crypto exchange. #NEWS Go to Source Powered by WPeMatico
Chinese e-retailer JD.com proceeds with Blockchain supply chain platform, wants to provide customers peace of mind on meat purchases. #NEWS Go to Source Powered by WPeMatico
What to make of NEO? The Chinese blockchain is, on paper, the most successful Asian cryptocurrency project to date. It’s listed on most major exchanges, boasts high trading volume, hosts numerous ICOs and has smart contract functionality. Not everyone is impressed though. Critics have called NEO a centralized, expensive, and unusable disaster. So which interpretation … Read more
