China
China Shutting Down Mining Farms Due to Coronavirus Outbreak
The Chinese authorities are shutting down Bitcoin mining farms to stem the spread of the Coronavirus outbreak. Several mining pools, including BTC.Top, were shut down by the local police, citing the o...
How the Coronavirus Outbreak in China Can Affect Bitcoin
The spread of the new coronavirus in China has already led to a short-term panic in the financial markets. However, experts believe that cryptocurrencies can become beneficiaries of the epidemic.
Over 700 Blockchain Companies Launched in China This Month
Since the beginning of this year, 714 blockchain firms entered the market in China, according to cryptocurrency data firm LongHash on Jan. 26.
Binance is Now Accepting Cash via Alipay and WeChat
The leading global cryptocurrency exchange Binance is now accepting fiat through Chinese-based mobile and online payment platform Alipay and Chinese messaging and mobile payment app WeChat, according ...
Facebook’s Libra is ‘Delusional’ Project Destined to Fail
A Chinese politician Huang Qifan, the former mayor of Chongqing known as the maker of the city’s rapid economic rise, described Facebook’s Libra as a “delusional project that i...
Alibaba Pictures to Tokenize Distribution Rights For Its New Film
Alibaba Pictures, a Chinese film company under Alibaba Group plans to tokenize distribution rights for its upcoming film “Striding into the Wind.” For distributing the film via block...
15 Persons Charged with Unauthorized Mining in Internet Cafe
Chinese police arrested fifteen men suspected of corrupting an internet café administrator to mine cryptocurrency.
Chinese Government-related Hacking Group Attacking Crypto Firms
Chinese state-sponsored hacking group, dubbed APT41, is attacking crypto firms, according to a FireEye Threat Intelligence report published August 2.
Chinese Police Raided Bitcoin Mining Farm
Eastern China police has raided an illegal bitcoin mining farm following a surge in local electricity usage. The investigators learned of the theft from a local power provider.
