Cryptocurrency Analysis and News Portal
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. At the same time, the Department of Justice announced an indictment for money laundering against the same two individuals.Their activity
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Chen Weigang, former Vice President of China Insurance Regulatory Commission of the Communist Party, sat down with Yiben blockchain media on Feb 27 to talk about ICO regulations and digital currency trading in China. He told the media that a central bank digital currency (CBDC) is an important strategic
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Chinese state-run media has reported that many Chinese believe Wuhan coronavirus originated in the U.S. The report claims that the disease is being mistaken for influenza – which has already killed 16,000 this season. The conspiracy may be part of an intensifying information war between competing governments. Since the
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Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence
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A bombshell study by the South China University of Technology reveals coronavirus could have started in a lab just 300 yards away from the Wuhan seafood market. The study seems believable when you consider the unusual characteristics of coronavirus. The Chinese government’s authoritarian practices are fanning the bioweapon-conspiracy flames. Coronavirus continues to wreak
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Blockchain startup Conflux has hired Eden Dhaliwal, the former head of crypto at Outlier Ventures, as a managing director to lead its expansion in North America. The Beijing-based firm is set to open an office in Toronto within two weeks. It is assembling a ten-person team to conduct research and seek
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China continues to pull ahead in the central bank digital currency race as more details on its secretive digital yuan project intermittently surface. As a result, more countries are beginning to worry about the potential implications.Over the past few weeks, a number of Japanese lawmakers have publicly expressed their
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Oil prices rallied on Friday, capping off their first weekly gain in six. Goldman Sachs and the Energy Information Administration (EIA) have cut their forecast for 2020 crude prices. Coronavirus and the sharp downturn in Chinese consumption are largely to blame. Oil prices were back in rally mode on Friday, gaining modestly on
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As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set
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Blockchain technology is reportedly helping to streamline medical paperwork processing for insurance service providers as global coronavirus containment efforts continue.Leveraging blockchain’s ability to process information transparently and efficiently, insurance service providers are relying on the technology to speed up claims payouts in over 27 coronavirus affected Chinese cities, as well
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