China’s central bank has reiterated concerns over cryptocurrencies, with a senior official saying today that digital currencies such as Bitcoin and stablecoins had become speculative tools and could pose threats …
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China to prove Bitcoin (BTC) is an unstoppable machine
China’s crackdown on Bitcoin (BTC) mining continues to face determined responses across the crypto ecosystem. One of the first BTC exchange operators and co-founder of Zap Protocol, Nick Spanos, said …
MoreColin Wu: ‘China crackdown on crypto might have surprising reason’
Chinese crypto journalist Colin Wu attributes the ongoing witch-hunt against cryptocurrencies in China to the environmental pivot of its policy. In his latest Twitter post, Mr. Wu shared the opinion …
MoreThe world’s 5th-largest mining pool leaves China for Kazakhstan
BTC.com — a major crypto mining pool that is operated by BIT Mining and owned by the NYSE-listed Chinese lottery service provider 500.com — has announced the successful relocation of its first batch of …
MoreCrypto miner: ‘China’s crackdown means Bitcoin is working’
China’s crackdown on Bitcoin (BTC) mining and cryptocurrency trading recently became a primary driver for the red candlesticks on crypto market charts. But one Bitcoin mining engineer believes China’s ban on …
MoreAlibaba cloud says it might stop servicing crypto mining companies in China
Chinese 8BTC news portal and Chinese crypto journalist Colin Wu have reported that the second biggest provider of clouding services in China, Alibaba Cloud, has warned all crypto companies, including mining firms, that it …
MoreCity in Sichuan reportedly orders crypto miners to shut down for investigation
Chinese authorities continue to crack down on cryptocurrency mining as a city in Sichuan province has reportedly halted local Bitcoin (BTC) mining farms. Authorities in Ya’an City, a prefecture-level city …
MoreChinese $4 billion investment firm partner holds Bitcoin & explains why Warren Buffett does not buy BTC
Twitter account of the 8BTC Chinese news outlet has shared that Andrew Y. Yan from SAIF Partners (which has over $4 billion in asset management) has been holding Bitcoin for six years …
MoreChinese province of Yunnan to ban crypto mining
The southwestern Chinese province of Yunnan is preparing to ban cryptocurrency mining, BTC.top, one of the country’s major mining pools, told Forkast.News today, citing a screenshot of a notice. Fast Facts: Yunnan’s …
MoreChinese search engines start to block results for top crypto exchanges
China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCNews have both claimed that as of Wednesday, search results for some of the …
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