Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and […]

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Woman Accepts 21-Day Bitcoin Survival Challenge in Post-Ban China

Do you think you could travel and survive for 21 days on just 0.21 Bitcoin? How about in a country where the authorities have banned it? A Chinese documentary is following a young woman attempting to do just this in some of China’s major cities. Cost of Living Your idea of a reasonable cost of […]

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From Farm to Plate, Blockchain Is Revolutionizing Agriculture

Blockchain technology is increasingly being heralded as a solution to many of the problems plaguing today’s agricultural supply chain.    Many of today’s farmers are keen on embracing cutting-edge technology to help solve a variety of issues in the industry. A 2017 mid-year review from Ag Funder said start-ups related to farm management software, sensing, […]

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Chinese Cryptocurrency Traders Use Tether and VPNs to Bypass Ban

Cryptocurrency traders in China appear to have found numerous ways to circumvent the nationwide ban on trading with digital currencies. According to industry experts, as long as the transactions remain peer-to-peer and decentralized, regulators won’t be able to block them out completely.   Tether and VPNs to the Rescue Quoting sources familiar to the matter, […]

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China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges

China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 […]

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China Officially Bans All Crypto-Related Commercial Activities

China’s most popular messaging app, WeChat, has been asked to shut down the accounts of several blockchain and crypto-related news outlets as new regulations are enforced.  China Makes Ban Official According to the latest tweet by Dovey Wan — the Managing Director of Dhanua Capital, a California-based venture capital fund — the Chinese government authorities have […]

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China Government Begins Blockchain Standards Creation, Eyes 2019 Deadline

Wilma Woo · May 11, 2018 · 1:00 am China wants to release hard-and-fast standards rules for blockchain by the end of 2019, a government source told local media May 10th. Staying Competitive Speaking to Sina.com, Li Ming, director of the Blockchain Research Office at the Electronic Industry Standards Research Institute of the Ministry of […]

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Huobi Labs: An Upcoming $1 Billion Blockchain Incubator

Nick Chong · May 6, 2018 · 8:00 am Huobi, the premier Asian-based exchange, has just announced plans for a blockchain industry fund, research institute, and an incubator.  Blockchain “accelerator” projects, or incubators as they are more well known, seem to be all the rage lately, with key players in the industry getting involved with […]

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Samsung Delves Deeper into Crypto Exploring Blockchain for Its Logistics

Nikita Blows · April 16, 2018 · 5:00 pm Samsung Electronics Co. is the latest big name to show a keen interest in the powers of blockchain technology, specifically, how it can be incorporated into their supply chain management processes. Even though cryptocurrencies may still be getting critiqued, it’s supporting technology is being more readily […]

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China FUD Busting: Hangzhou to Pour $1.6 Billion into Blockchain-Oriented Startups

Georgi Georgiev · April 10, 2018 · 6:30 pm The positive sentiment towards blockchain-based technology in China continues to surge. Hangzhou, the home city of Alibaba Group Holdings, now hosts a $1.6 billion (RMB10 billion) fund set up to invest in firms using blockchain technology, with 30% of the money coming from the government. Despite […]

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