Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
Bitcoin Mining Farms in Texas Offline From Winter Storm
A rare winter storm in Texas has knocked out most of the bitcoin mining facilities in the Lone Star State.
China’s Blockchain Infrastructure Services Provider BSN Adds Casper to Network
Casper is an Ethereum competitor that aims to launch in the first quarter of 2021.
China’s State-Backed Blockchain Services Provider Partners With EY to Add Ethereum Compliance Tools
The state-sanctioned blockchain infrastructure provider BSN has teamed up with EY to provide compliance services to Chinese Ethereum users in the network.
China’s Central Bank Is Partnering With SWIFT on a New Joint Venture
It’s unclear what the new group’s mission will be, though People’s Bank of China employees working on its digital currency efforts will be involved.
Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.
Bitmain Co-Founder’s Exit Resolves Years-Long Power Struggle as Mining Firm Preps IPO
Bitmain co-founder Jihan Wu is stepping down from his role as part of his settlement with Micree Zhan.
At Least One Key Huobi Executive Is In Custody in China: Sources
The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.
Chinese Hospital Issues First Electronic Bill on Blockchain
The People’s Hospital of Chengmai County has issued the first electronic bill on its blockchain-based invoice management platform in South China’s Hainan province, which brands itself as the country’s blockchain hub.
Shanghai Government Invests $5M in Blockchain Startup Conflux
The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace.
OKCoin to Suspend XRP Trading and Deposits on January 4
OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. “At 3 a.m. UTC time on January 4, the exchange’s users who have borrowed from the XRP/USD margin pair (incl. […]
OKCoin to Suspend XRP Trading and Deposits on January 4
OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. “At 3 a.m. UTC time on January 4, the exchange’s users who have borrowed from the XRP/USD margin pair (incl. […]
Cover Protocol Plans New Token After Attack
Cover Protocol announced it’s exploring launching a new COVER token through the snapshot before the attack by a “white hat” hacker on Monday morning.
Zhou Xiaochuan: The Father of the Digital Yuan
“The PBOC that is not criticized by the public will not withstand the test of history,” the current head of the central bank says. Zhou Xiaochuan’s legacy – the digital yuan – was sidelined, until it became necessary,.
Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.
Grayscale Sees a New Group of Ethereum-First Investors
DeFi has given Ethereum a significant boost since this summer and the blockchain official kicked off its journey to its upgrade after securing enough funds for its deposit contract.
Cardano to Launch Hard Fork Before Next Major Development Phase
The hard fork will introduce the token locking mechanism, one of its most significant new functions, to the mainnet.
Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts
The platform will close all its over-the-counter (OTC) trading services because of the risks related to uncertainties from China’s regulatory policies/
Apple Co-Founder Wozniak’s New Venture Lists Token to Help Fund Energy Efficiency Projects
Apple co-founder Steve Wozniak has launched Efforce, a company that facilitates investments in energy efficiency projects via cryptocurrency and blockchain technology.
Blockchain Infrastructure Firm BSN Adds Polkadot, Oasis, Bityuan to Network
China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network.
