Cryptocurrency Analysis and News Portal
The co-founders of crypto exchange, Huobi Global, created a new entity in Beijing on November 15, according to the Beijing government’s company registry.The new entity is listed under the name Beijing Chiyu Mushou.Enterprise information database Tianyancha shows that the company has RMB 1 million ($156,000) in registered capital. Leon Li,
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ChainNews, one of China’s top crypto news sites, shuttered its operations today, co-founder Feng Liu told CoinDesk in a Twitter message.Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot obtained by CoinDesk.On Nov. 15, ChainNews said its website would be down for maintenance
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Two more regional equity exchanges in the Chinese cities of Tianjin and Qingdao have been approved by the China Securities Regulatory Commission this week to pilot blockchain applications over equity trading. Fast facts The regional equity exchanges are private equity markets in provincial or municipal administrative regions for medium to micro enterprises
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Even in a city packed with world-class blockchain education and research opportunities, the Chinese University of Hong Kong (CUHK) stands up comfortably to its competition. table { border-collapse: collapse; width: 100%; } tr{ border: 1pt solid black; } td{ padding:5px; font-size: 24px; text-align: center; } tr td:nth-child(1){
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The use of CBDC to commit fraud undercuts the narrative that digital currencies issued by nation states will be a better, less-prone-to-fraud alternative to crypto. That this is happening in security-conscious China, which has severely cracked down on crypto is bound to engender a certain about of schadenfreude amongst crypto
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Chinese crypto news sites ChainNews, Odaily, and information platform Block123, were inaccessible on Wednesday, as the Chinese government continues to crack down on the crypto industry.ChainNews posted its Telegram account on its Twitter on Nov. 15, saying it would be offline for 8-10 hours as the site undergoes maintenance. When
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The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful emgagement with crypto mining activities among other abuse of power. The Central Commission for Discipline Inspection (CCDI) alleged that Xiao Yi, former vice-chairman of the Chinese People’s Political Consultative Conference from Jiangxi province
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For critics of Tether, the new economy of digital assets is based on the world’s oldest profession: real estate speculation.Crypto markets took a dip Thursday just around the time it was reported that China’s Evergrande Group was on the verge of defaulting on a bond payment. While the embattled housing
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The9 has signed a 32 megawatt (MW) mining capacity deal with Compute North to deploy 10,000 miners in the U.S.The high-end S19j miners will be online in the second quarter of 2022, the Shanghai, China-based miner said in a statement.The company also plans to add 14,000 miners with other hosting
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E-commerce giant JD.com took payments in China’s central bank digital currency (CBDC) at a massive local shopping event.JD.com accepted digital yuan (e-CNY) for payment on its e-commerce application for the Singles Day promotion period which began on Oct. 31 and ended on Nov. 11, the firm confirmed on Thursday.Singles Day
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