A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin.
Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production
The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer.
Binance Pool Poised to Grab More Bitcoin Hash Rate in Russia and Central Asia
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region.
$1.4B in ‘High-Risk’ Crypto Flowed Onto Exchanges in H1 2020, Analysis Firm Says
China-based blockchain analysis firm PeckShield tracked 100 million crypto addresses for its research.
Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving
Two months after the network’s halving event, it’s harder than ever to mine bitcoin.
Inside the Craze for Filecoin Crypto Mining in China
As Filecoin inches closer to a blockchain mainnet launch, investors in China are again speculating heavily on the network’s mining hardware and token prices.
Ferrari, McLaren and $15M in Crypto Seized as Chinese Police Bust Arbitrage Scam
The novel Chinese scam saw perpetrators create fake crypto assets to fleece investors seeking arbitrage opportunities.
China’s Uber, DiDi, to Trial PBoC’s Central Bank Digital Currency
Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China’s central bank digital currency on its on-demand transportation platform.
China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown
Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.
Bitcoin’s Mining Difficulty Has Rarely Been This Static in a Decade
Bitcoin’s mining difficulty just posted the smallest percentage change in 10 years.
Bitmain Co-Founder Offers Share Buyback at $4B Valuation to End Power Struggle
The offer seems an apparent effort to bring about negotiations that could end the divisions that have been tearing the company apart.
Bitcoin Miner Maker Ebang Estimates $2.5M Loss for Q1 in IPO Prospectus Update
Ebang also revealed its anticipated share price in updated filing with the U.S. SEC.
Bitcoin Mining Difficulty Makes Biggest Jump in 29 Months
Miners now face the fourth-most difficult two-week mining period in Bitcoin’s history, even though it’s only been a little over a month since the halving.
Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.
Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions
Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets.
Bitmain’s Feuding Co-Founders Are Fracturing the Firm and Staff Are Caught in the Middle
Staff at bitcoin miner manufacturer Bitmain are being forced to choose between its two co-founders as a long-running feud over control of the firm worsens.
Bitcoin Mining Difficulty Drops 9% to January Levels
Bitcoin has just got easier to mine while major manufacturers have started shipping their latest machines ahead of China’s rainy summer season.
Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.
Bitcoin Mining Difficulty Drops by 6% In First Adjustment After Halving
The Bitcoin network just fine-tuned a key parameter to coax back miners who quit after last week’s halving hammered their profits.