Browsing the "China" Tag

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say

| Wolfie Zhao

Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself.

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

| Wolfie Zhao

Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team

| Wolfie Zhao

BHB in China raised $20 million in 2018 touting a three-person team. The only problem? At least two were fake.

Ripple Partners With Chinese University for Blockchain Research Program

| Yogita Khatri

Ripple has teamed up with a top Chinese university for a research program focused on blockchain regulation and development.

china, flags

China’s Internet Censor to Start Regulating Blockchain Firms Next Month

| Yogita Khatri

China’s internet censorship agency is bringing in regulations for blockchain service providers in the country.

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost

| Yogita Khatri

The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for…

Layoffs Underway Amid ‘Adjustments,’ Bitcoin Miner Bitmain Confirms

| Wolfie Zhao

Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a…

yuan, china

Chinese Crypto Billionaire to Help Lead Hong-Kong-Listed Blockchain Firm

| Yogita Khatri

Veteran Chinese crypto investor Li Xiaolai has joined a blockchain firm listed on the Hong Kong Stock Exchange as an executive director and co-CEO.

Security Token Offerings ‘Illegal,’ Says Beijing Financial Watchdog

| Yogita Khatri

The head of Beijing’s Municipal Bureau of Finance has warned that security token offerings (STOs) are "illegal" in the city.

Huobi Creates New Committee to Work With China’s Communist Party

| Daniel Palmer

Cryptocurrency exchange operator Huobi Group has set up a Communist Party committee at a Beijing-based subsidiary.