Category: China

  • The Daily: Bakkt Won’t Offer Leverage, Congresswoman Holds Crypto

    The Daily: Bakkt Won’t Offer Leverage, Congresswoman Holds Crypto

    In today’s edition of Bitcoin in Brief we cover stories about Intercontinental Exchange’s crypto trading platform Bakkt, which won’t be offering leverage or margin trading, and a US politician who has revealed she’s bought a couple of cryptocurrencies. Also Read: Researcher: Stop Worrying About Bitcoin’s Environmental Impact Bakkt Won’t Offer Leverage Bakkt, the recently-announced subsidiary of…

  • China Updates Crypto Ranking – Bitcoin Makes Top 10

    China Updates Crypto Ranking – Bitcoin Makes Top 10

    China has updated its crypto ranking, adding two projects to the previous month’s list. Bitcoin has significantly improved, making the top 10 list for the first time. Crypto projects are ranked in three categories: technology, application, and innovation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 33 Crypto Projects Ranked China’s Center for Information…

  • China: Bitcoin Heist Attackers Steal $87 Million, Country’s Largest Crypto-Theft

    Chinese police have arrested three men in connection with a massive $87 million theft worth of Bitcoin after suspicions of the trio’s hacking into local computer networks came to light, according to local news outlet SCMP. Busted! The crime occurred in China’s northwestern province, away from prominent commercial centers like Shanghai and Beijing. Despite the…

  • Three Hackers Held in China Over $87 million Crypto Theft

    Three Hackers Held in China Over $87 million Crypto Theft

    Three suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The supposed hackers stole bitcoin and other digital assets worth an estimated $87 million USD. Authorities say this is the biggest heist of this type in the People’s Republic so far. Also read: South African Tax Authority Going After Crypto…

  • Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada

    Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada

    Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.” The exchange in Manila has launched with trading in three markets with over 40 trading pairs. Also read: Yahoo! Japan Confirms Entrance Into…

  • Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings

    Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings

    Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based…

  • PR: Bibox Gains Swiss VQF License – Accelerating Global Expansion

    PR: Bibox Gains Swiss VQF License – Accelerating Global Expansion

    This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. On 16th August 2018, Bibox, a leading AI-enhanced digital asset…

  • Y Combinator's New China Chief Is Bullish on Blockchain

    Lu Qi, the head of Y Combinator’s new China division, believes blockchain has great potential for entrepreneurship in the long run.

  • Chinese State-Owned Aerospace Firm Turns to Blockchain to Manage Billions of Invoices

    Chinese State-Owned Aerospace Firm Turns to Blockchain to Manage Billions of Invoices

    Chinese state-owned Aerospace Science and Industry Corporation Ltd. is using blockchain to transform its system for managing billions of electronic invoices nationwide

  • China: Government Officials Educated about Blockchain Technology

    In yet another effort to supplement a thorough understanding and adoption of distributed ledger system, the Communist Party of China (CPC) released a “primer” on blockchain technology on Aug. 13, 2018. Blockchain Education for Officials As noted in the press release, the CPC-funded book contains relevant information on blockchain technology – including the origins of…