China – Page 84 – DIGIT INFO

Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages

Turkey Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages

A massive police operation took place in Istambul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment Consultancy’ According to Demirören Haber Ajansı, Istambul police cracked down a fake “crypto investment […]

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Chinese holding firm Ping An overtakes Tencent in blockchain patents race

Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry.

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China’s blockchain ambitions set in stone after mention in national five-year plan

China’s latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies.

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Chinese banks pilot digital yuan at Shanghai department stores

The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai.

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Coinbase CEO tops China’s Hurun list of blockchain billionaires

Coinbase CEO Brian Armstrong’s estimated wealth surged 10-fold over the past year to hit $11.5 billion, according to China’s Hurun Research Institute.

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China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year

China's Inner Mongolia Plans to Shut Down All Bitcoin Mining Operations by April This Year

Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop approving new projects in energy-intensive industries such as steel […]

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Crypto myth busted: Users haven’t mined Ether using a PlayStation 5 yet

The original report from GizChina said that a software developer had modified the CPU and graphics cards on the new gaming console to mine crypto.

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China’s Inner Mongolia to shut down crypto mining farms by April 2021

Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals.

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China’s BSN partners with TON Labs to utilize Telegram blockchain

While Telegram’s token project is dead, the blockchain still lives.

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Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’

Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem […]

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