Category: chinese
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Bitcoin Trades for a Premium in Hong Kong During Protests
Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. Since last week, the price of bitcoin core (BTC) has gained a premium in Hong Kong as the…
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China Favors Tron and EOS in New Crypto Ranking But Downgrades Bitcoin
China’s Center for Information and Industry Development has released its latest crypto project ranking. Tron and EOS top the list out of the 35 crypto projects evaluated while Bitcoin has been downgraded slightly. The center also evaluated the projects independently based on basic technology, applicability, and creativity. Also read: SEC Chair Explains Key Upgrades Needed…
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Chinese Government Officials Targeted With Ransomware, North Korea Suspected
A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has…
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China’s Wenzhou Residents Bolster the Idea of a ‘Blockchain Village’
According to regional reports from China, a village located within the Wenzhou, Zhejiang region called Yuedong has been gathering attention due to its receptiveness toward cryptocurrencies and blockchain technology. In consonance with social media posts on Weibo, roughly 60 percent of the residents in Yuedong know about cryptocurrencies and many of the villagers have invested…
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China’s New Crypto Ranking: Bitcoin Upgraded, Tron Debuts Near Top
China’s Center for Information and Industry Development has released its latest ranking of crypto projects. A total of 35 projects were evaluated this month, with Tron debuting near the top of the list. Meanwhile, Bitcoin has climbed up the ranking slightly. Also read: Bitcoin Climbs up China’s First Crypto Ranking of 2019 New Ranking, Tron…
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Satoshi’s Bitcoin Whitepaper Is Now Available in Arabic and Hindi
On Jan. 22, blockchain infrastructure firm Bitfury announced during the World Economic Forum in Davos that Satoshi Nakamoto’s Bitcoin whitepaper has been translated into Arabic and Hindi for the first time. The translations of the paper “Bitcoin: A Peer-to-Peer Electronic Cash System” can now be read by the millions of people around the world who…
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Number of Chinese Crypto Lawsuits Doubles in 2018
According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. The database indicates that at least 202 cryptocurrency scams were promoted via more than 3,000 different platforms. Also Read: Indian Central Bank’s Report Shows…
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1 in 7 Chinese Have Invested in Cryptocurrency
A survey conducted by Panews has found that 14% of Chinese citizens have invested in cryptocurrencies. The survey also found that 98% of respondents indicated familiarity with the concepts of cryptocurrency and bitcoin – 3% more than those who stated that they had heard of blockchain technology. Also Read: Skeptical Payoneer CEO Dismisses Idea of Single…
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Taiwanese Police Arrest Miner Accused of Stealing Millions in Power
A man with the Surname of Yang has been accused of stealing 100 million Taiwanese dollars (nearly $3.25 million) worth of electricity to mine cryptocurrencies. Yang is suspected of stealing power from 17 different stores in Northern Taiwan to fuel his mining operations. Also Read: The Daily: UFC 232 to Have Official Crypto Partner, 5% of…
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50% of Chinese Stock Exchange Companies Investigated Fail to Demonstrate Real Applications for Blockchain
According to Chinese state media, the Shanghai and Shenzhen stock exchanges have carried out investigations into 30 percent of companies listed on their exchanges that are performing operations pertaining to distributed ledger technology (DLT). Of the companies investigated, less than half were able to demonstrate applications for blockchain technology. Also Read: Chatter Report: Vitalik Doesn’t Believe…