Cryptocurrency Analysis and News Portal
Bitcoin entrepreneur John Carvalho might be on to something. In a recent episode of the Tales from the Crypt podcast, he posed his theory on why did China shot itself in the foot by banning Bitcoin mining early in the year. We at NewsBTC have been racking our brains trying
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A department director of the Shanghai Environment Energy Exchange (SEEE) said that blockchain will play an important role in the Chinese carbon cap-and-trade system for confirming, trading, and circulating carbon emission data. The statement comes at a time when China is intensively issuing top-down documents on reducing carbon emission heading
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Red Date Technology, the firm behind the Blockchain Services Network, will launch infrastructure to support the deployment of non-fungible tokens in China.The project, dubbed the BSN-Distributed Digital Certificate (DDC), was announced at the BSN Open Permissioned Summit on Friday.Red Date CEO Yifan He said that NFTs will be widely used
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Bitcoin (BTC) has all but deleted any trace of the mining ban which saw hash rate dive 50% this year.According to the latest estimates, the network hash rate is now back at levels from May, just before China outlawed its Bitcoin mining industry.Hash rate recovers the dipFive months since the
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China’s technology standardization body will issue a national standard for blockchain next year, said an official from the China Electronics Standardization Institute, according to news site Chuanguan.The institute has drafted a standard and is in the process of approving it, said Li Ming, director of the Blockchain Research Office at
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A new data report shows there were about 55,000 blockchain-relate patents applications filed by 7,800 companies from 47 countries and regions during the period between the beginning of 2015 to June 2021, and China has seen the largest share of these applications, as the country has been boosting the development
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China’s Ministry of Commerce, along with 23 other central departments, on Tuesday jointly issued “The 14th Five-Year Plan for Service & Trade Industries.” It outlines how China will integrate blockchain into the process of global trading, including applying blockchain on bills of lading, building a blockchain-based global shipping information network,
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While China is trying harder than ever to stomp the cryptocurrency industry out of existence, national and provincial authorities are looking for new ways to grow blockchain, its underlying technology. The Central Cyberspace Affairs Commission and 17 other central agencies — including banking, education, prosecutorial, legal, health, energy and foreign exchange
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BusinessThe announcement comes shortly after Antpool, the largest bitcoin mining pool by hashrate, said it will block internet access from mainland China. By Jamie CrawleyOct 15, 2021 at 11:34 a.m. UTCUpdated Oct 15, 2021 at 11:34 a.m. UTCChina flag (Shutterstock) Original Source
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week China is back to work after its week-long national day celebrations, an event that is always filled
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