Category: China

Bitcoin Miners Arrested for Alleged Power Theft

Allegations of electricity theft have reportedly led to the arrest of bitcoin miners and equipment seizures in two Chinese cities.

April 30, 2018
#MeToo Movement Turns to Ethereum to Evade Censorship

Inspired by the #metoo movement, students in China are coding messages into the ethereum blockchain to escape Chinese internet censorship.

April 29, 2018
Chinese Police Seize 600 Bitcoin Mining Computers over Electricity Theft

Chinese Police in the northeastern port city of Tianjin have reportedly confiscated 600 bitcoin mining computers in a case of alleged electricity theft. The bitcoin mining equipment was seized after the local power grid operator reported an abnormally high spike in electricity consumption, China’s state-owned press agency Xinhua reported on Wednesday. The power company observed…

April 29, 2018
China’s Official Gov’t Auditor Considers Blockchain To Streamline Data Infrastructure

China’s National Audit Office considers Blockchain to streamline its centralized and “endless” data storage and management cycle. #NEWS

April 29, 2018
China's Official Government Auditor Is Looking at Blockchain Solutions

China’s National Audit Office thinks blockchain streamline its data storage operations.

April 27, 2018
Hong Kong and Singapore Emerge as New Meccas for Token Sales

Two countries have recently emerged as the new Meccas for token sales following bans in China and South Korea. The number of initial coin offerings in Singapore and Hong Kong has skyrocketed in recent months, as companies seek a favorable environment to raise funds outside their home countries. Also read: Yahoo! Japan Confirms Entrance Into the…

April 24, 2018
Bitcoin in Brief Tuesday: Wary Giants, Eager Dwarfs

For some obvious reasons, but also irrational fears, big players like China, Russia, and the European Union are wary of cryptos like bitcoin. Centralized control doesn’t square with decentralization. However, often that’s not how their own regions and smaller neighbors feel about cryptocurrencies. In today’s Bitcoin in Brief we cover some recent developments mirroring this…

April 24, 2018
Chinese Gov’t Reiterates Strict Stance On Crypto, Focuses On Illegal Fundraising

The Chinese government has reaffirmed its negative stance on crypto and ICOs in a recent statement focusing on preventing illegal fundraising. #NEWS

April 23, 2018
China’s Crypto Exchanges Yank Token Listings Amid ICO Ban Fallout

China has banned ICOs – and the country’s exchanges are quickly moving to adapt to the new reality.

September 6, 2017
More Chinese Exchanges Impose Bitcoin Withdrawal Delays

China’s bitcoin startups announced new updates to their withdrawal policies today, though stipulations varied by exchange.

February 10, 2017