A higher education institution that trains Chinese Communist Party officials has published a new book about cryptocurrency. According to a local blockchain news report on May 19, the Party…
Tag: Chinese
Bitcoin Cannot Be Protected by Chinese Law, Local Court Rules
As a virtual commodity, Bitcoin (BTC) cannot be protected by the Chinese law, a court in Fujian province reportedly ruled on May 13. Fujian court dismisses a Bitcoin-related lawsuit…
Bitmain Recovers, Claims Profits Despite Pandemic and Power Struggle
Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has…
China’s Attitude to Crypto Can’t Change Significantly in the Short Term: Expert
The attitude of the Chinese government towards crypto cannot change significantly in the short term, according to an expert. Ivan Plantonov, an analyst at Chinese-led international information service provider…
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
Chinese officials from the city of Ya’an in Sichuan have come out in support of using locally produced hydropower for cryptocurrency mining operations. On April 20 the Municipal Economic…
Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks
Antimatter Kingdom (AK), a new Chinese crypto Ponzi scheme, appears to have netted $11 million worth of Bitcoin (BTC) in less than one month of operating. Upon launching at…
14 Chinese Men Arrested in Malaysia for Bitcoin Scam
Malaysian police have arrested 14 Chinese men for their involvement in a Bitcoin (BTC), scam targeting investors in their home country. Assistant Commander, Dzulkhairi Mukhatar, stated that the arrests…
Crypto Mining Companies Promote Freedom of Speech in China
The first case of COVID-19 was diagnosed by Chinese doctors in November 2019. Rather than being shared with the global community, news of the viral outbreak was censored by…
Bitmain’s Antminer E3 to Continue Mining Ether With New Update
While some cryptocurrency miners are purportedly shutting down due to unprofitability, Chinese mining giant Bitmain continues to not only see its new products sold out but is also improving…
Over 172 Million Weibo Users’ Personal Data Is For Sale on Dark Web
Chinese social media giant saw a massive data breach result in data of millions of users available for sale on the dark web. According to a March 19 report…