Cryptocurrency Analysis and News Portal
Chinese Vice Premier Liu He told a group of finance officials last Friday that the government would clamp down on bitcoin mining and trading. The reason behind this decision is said to be China’s goal to achieve financial stability. While China has taken steps to restrict the use of cryptocurrencies
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China’s Blockchain-based Service Network, or BSN, embodies China’s vision to push blockchain as a national priority. And the network has already onboarded global blockchain projects to ease blockchain applications for local developers. And certainly, there’s a push for an international presence as well. And oh, have they been busy. On a
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Red Date Technology, one of the builders of China’s Blockchain-based Service Network, has obtained licensing rights from R3 to resell both the free and enterprise Corda implementations in China.According to a press release by R3, the news marks the first occasion of the BSN developer being able to resell enterprise
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The CEO of the United States’ largest cryptocurrency exchange, Coinbase, has topped the list of global industry billionaires by China’s Hurun Research Institute.Issued on March 2, the latest Hurun report provides a brief overview of the world’s richest, stating that the number of global billionaires has surged nearly 50% to
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Authorities of the Chinese autonomous region of Inner Mongolia have proposed to close down all local cryptocurrency mining facilities to reduce energy consumption in the region.The Inner Mongolia National Development and Reform Commission, or NDRC, released an official proposal to shut down local crypto mining operations in line with its
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U.S. lawmakers are set to question a trader named Keith Gill and the chief executives of Reddit and Robinhood about their roles in the GameStop frenzy at a congressional hearing later this week. But some have another concern: whether China is involved. Several Republican lawmakers on the House Financial Services Committee
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Yeah, we’re talking about Blockchain Services Networks here, and CasperLabs, a proof-of-stake-based smart contract just announced that it’s doing a partnership with China’s BSN to cater to the network’s global developers. Now it’s the latest blockchain protocol in a growing list on BSN in China. What does this mean for
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China’s Blockchain-Based Service Network (BSN) announced that it has integrated with the Casper Network, a layer-1 proof-of-stake (PoS) blockchain that forked from Ethereum. The integration means the Casper Network will be available to developers on BSN after its mainnet launch in the first quarter of 2021, according to the firm’s press
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China’s ambitious national blockchain infrastructure initiative, Blockchain Service Network (BSN) will add Casper Network, a proof-of-stake blockchain into both its international and China portals for developers after Casper’s mainnet launch in Q1 2020, CasperLab’s chief executive said today. BSN is one of few government-led and government-owned blockchain networks in the world
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The Blockchain-based Service Network (BSN), the blockchain infrastructure provider backed by the Chinese government, plans to offer blockchain analytics and financial auditing services for Ethereum developers in its network through a new partnership with Big Four auditor Ernst & Young (EY). The London-based accounting firm will provide BSN’s Ethereum users in
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