Hot search keywords

Hot search keywords

Tag Archives: China

Chinese Granny Caught Stealing Electricity to Mine Bitcoin

May 23, 2019

lylian Teng

An old woman aged 61 in China has been sentenced to detention of four months for stealing electricity to mine bitcoin, according to China Judgements Online, a website publishing court documents of the whole country. As per the court document, in addition to jail time, the suspect has also b...

PBoC’s Fintech Research Institute is Hiring Blockchain Talents

May 22, 2019

lylian Teng

The People’s Bank of China, the country’s central bank, has been ramping up its efforts in blockchain development as a fintech research institute established by it is hiring blockchain developers and financial specialists. According to the recruitment notice issued by PBoC’s Shenzhen ...

China Among Emerging Hotbeds for Blockchain Solutions, Deloitte Says

May 11, 2019

Olusegun Ogundeji

China is among the countries that “appear to be emerging as hotbeds of new blockchain solutions, based on their own collective objectives, approaches, and cultural sensibilities”, Deloitte’s 2019 survey shows. Most respondents in the survey released earlier this week suggest that blockchain...

Chinese Police Busted 300 Million Yuan Crypto Scam HeroChain

Apr 25, 2019

lylian Teng

Chinese Police has recently busted an RMB300 million crypto exit scam that amassed over 300 million yuan ($46 million) with 21 suspects involved. A gang of over 15 suspects involved in the scam has been arrested and other 6 still at large, according to local police in Hengyang, a city of H...

Bitcoin Market Rejects China’s Mining Ban Fear

Apr 11, 2019

Olusegun Ogundeji

Recent news that China is planning to eliminate the crypto mining industry from within its borders has not really swayed Bitcoin market sentiment. Chart flows from Coinmarketcap and TradingView show the top cryptocurrency has maintained a firm grip on its over $5,000 price and, going by ...

China Says It Wants to Eliminate Crypto Mining

Apr 9, 2019

lylian Teng

China’s authority has classified cryptocurrency mining as the industry that shall be eliminated immediately, a sign of growing government pressure on the cryptocurrency sector. China, a good fit for cryptocurrency mining with cheap electricity and land available in remote areas, has been doin...

China’s Blockchain Agenda Could Happen Sooner Than You Think

Apr 5, 2019

Olusegun Ogundeji

In this concluding report from a recent RMIT Europe workshop on blockchain held in Barcelona, the focus is on China and blockchain. In the first post, the main speaker shares how blockchain stands to capture an estimated 35% of global economy cost - about $27 trillion. China seems ...