China’s Alibaba Launches Crypto Mining Platform Despite Restrictions, Say Local Sources
Alibaba and Tencent have both produced crypto-related trademark registrations, according to unconfirmed sources #NEWS Go to Source Powered by WPeMatico
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German Central Bank Director: Crypto Regulations Must Be International
A member of the board of Germany’s Bundesbank, has suggested that any attempt to regulate cryptocurrencies would require international cooperation. #NEWS Go to Source Powered by WPeMatico
Crypto Market Suffers From Uncertainty in Asia, Losses Up to 40%
News of increased regulation in China and South Korea have likely caused a short-term market dip across cryptocurrency #NEWS Go to Source Powered by WPeMatico
The Futility of Government Bans – Bitcoin Always Finds a Way
Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin … Read more
New Report: Bitcoin Drug Money Laundering Is Highly Centralized
A joint report by Center on Sanctions & Illicit Finance and Elliptic, a cryptocurrency forensics firm, has indicated that Bitcoin laundering for illicit drug activity is a highly centralized process. #NEWS Go to Source Powered by WPeMatico
China: After Banning Exchanges, Authorities Move To Close ‘Exchange-Like Services’
The Chinese government is looking to extend the scope of its cryptocurrency exchange ban in response to a trading “uptick.” #NEWS Go to Source Powered by WPeMatico
Interview With John Patrick Mullin: Blockchain is a Global Community
Discover an interview with fintech connector – John Patrick Mullin. Crypto community, online courses, China and other issues discussed. #INTERVIEW Go to Source Powered by WPeMatico
Mining Operations Offered to India After Mixed Signals from Beijing
Members of the Indian crypto community have received offers to set up mining facilities after reports of potentially negative developments for miners in China. According to local media, businesses are already exploring such opportunities as India has some of the lowest electricity rates. Upcoming regulation, however, may put some hurdles on the track. Also read: … Read more
Big Chinese Bitcoin Miners Are Turning to Canada
The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the Chinese have taken refuge, and many more might be on the way. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland Cold Power Just a couple of … Read more
Is Bitcoin’s Value Due to Social Status it Brings?
Research has shown that Bitcoin is a bit of a Veblen good — a product which gains its appeal from the social status attained by owning it. #ANALYSIS Go to Source Powered by WPeMatico