No estimated figure is put to it but the latest Chainalysis 2020 Geography of Cryptocurrency Report suggests that a significant volume of cryptocurrency transactions is now being conducted between Africans and individuals and businesses in other regions — particularly China in Eastern Asia...
The top stories from the Chinese cryptocurrency sphere this past week includes: Bitcoin running on China’s Weibo as the price plunged below $10K, Shanghai’s Jing’an district to issue blockchain coupons for ‘cultural-tourism’, Chinese crypto exchange Huobi has been added to Shyft Ne...
In less than 24 hours, the price of bitcoin Bitcoin dips below to three-month low of $9960, according to data from qkl123. The largest cryptocurrency then went viral on Weibo. Weibo trends show that the hashtag #Bitcoin# has been the eighteenth-most popular search terms on the countr...
The recent document shows China’s Inner Mongolia government launched on-site inspection on 30 big data and cloud computing enterprises in 7 cities, and found, requiring suspension of 21 crypto mining enterprises’ qualification to trade in “electric power trading center”. There are 21 lar...
The first Chinese-language edition of the Bitcoin Satoshi Vision (or BSV) Developer Conference is set to hold between Aug 29 and 30. Dubbed Bitcoin SV DevCon, the event is produced specifically for Chinese-speaking developers in China and other countries as they form an audien...
The top stories from the Chinese cryptocurrency sphere this past week includes: China’s digital yuan will be piloted in more cities across the country; China’s Digital Yuan to Test in Petty Payment First; heavy rainfall in China’s Sichuan province forced many mining farms in the reg...
Growing confidence in digital assets tops the macro trends cited by insiders as influencing the current upward movement of the world’s largest cryptocurrency. Though with a slight retrace as at this writing, Bitcoin zoomed past the $12,000 price tag on Monday Aug. 16 to touch a year high (si...
The top stories from the Chinese cryptocurrency sphere this past week includes: China’s digital yuan will be piloted in more cities across the country; China’s Sichuan province revealed the second batch of demonstration enterprises for hydropower consumption covering a batch of blockchain c...
The dumped profits of China’s state grid may lead to pressure on hydropower stations to reduce electricity supply for bitcoin mining farms in China’s Sichuan, Yunnan province, which is home to some of the largest crypto mining operations in the world. On July 22, Mao Weiming, the chai...
Bitcoin mining sphere was shocked when Lubian.com, a little-known bitcoin mining pool, was ranked the 6th largest pool on BTC.com, controlling almost 6% of the network's computing power on May 13, 2020. Though the Chinese slogan "Lubian.com: the safest high-yield crypto mining farm in th...
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