Binance to suspend Chinese yuan from P2P platform in December
Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. Go to Source Powered by WPeMatico
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US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3% one year from now. In addition to the … Read more
China’s crypto ban: Buy the dip or cause for concern?
China’s regulatory policies toward crypto used to be a major factor in market activity. Go to Source Powered by WPeMatico
Chinese blockchain project BSN expands to Turkey and Uzbekistan
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal. Go to Source Powered by WPeMatico
Bitmain Will Not Ship Crypto Mining Equipment to China
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities related to cryptocurrencies. Bitmain Stops Mining Rig Deliveries to Mainland … Read more
McDonald’s China to give away 188 NFTs on 31st anniversary
The “Big Mac Rubik’s Cube” NFTs will be distributed to Chinese employees and customers by McDonald’s China as a part of a giveaway. Go to Source Powered by WPeMatico
Bitmain stops shipment of Antminer crypto mining rigs into China
Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces. Go to Source Powered by WPeMatico
China to Add Cryptocurrency Mining to ‘Negative List for Market Access’ Making the Industry Off-Limits to Investors
China has proposed adding cryptocurrency mining to the country’s latest “Negative List for Market Access.” This will make cryptocurrency mining an industry that is off-limits to investors, another move by the Chinese government to clamp down on crypto-related activities. China’s Negative List of Industries to Include Cryptocurrency Mining Cryptocurrency mining has been added to the … Read more
Altcoin Roundup: DEXs come to the rescue after China bans crypto
China’s wide-spanning crypto ban puts a hefty dent in token values, but the surge in DEX volumes and BTC’s pop above $55,000 suggest the move was a blessing in disguise. Go to Source Powered by WPeMatico
How to create an environmentally-friendly coin, explained
With increased concern about the carbon footprint that the crypto industry creates, alternative enterprise solutions emerge that can help cut down on the energy costs involved. Go to Source Powered by WPeMatico