Cryptocurrency Analysis and News Portal
China is pressuring its own state-owned businesses to cease mining cryptocurrencies, and the government is considering harsh penalties on firms that continue, including higher energy expenses.According to reports, Meng Wei, a spokesperson for the National Development and Reform Commission (NDRC), said at a press conference that as China's top economic planner,
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The adoption of bitcoin as legal tender in El Salvador has forced the local financial system to adapt.Staring down these changes, Banco Hipotecario, a national commercial bank in El Salvador, has started working with four companies that will develop blockchain products they say will increase financial inclusion for the bank’s
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While China has not yet announced when it wants to officially launch the e-CNY nationwide, it is set to continue the pilot tests during the 2022 Beijing Winter Olympics. A recent Reuters report has revealed that six big Chinese State-owned banks in Shanghai are advertising the
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The China Construction Bank will help finance small businesses using a blockchain platform. Source
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Petroleos Mexicanos (PEMEX), a state-owned petroleum company established in 1938, has suffered a ransomware attack that has succeeded in shutting down its computers and online payment systems. The hackers are demanding for 565 BTC and have given the firm a 48-hour deadline to send the money. DoppelPaymer Attacks PEMEX In a fresh
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