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Tag Archives: Bitcoin

Global Bitcoin Mining Industry Regroupes After the 3rd Halving

Aug 11, 2020

Vincent He

The Bitcoin mining landscape has changed substantially since the 3rd halving in May. Though on the whole, the volume of bitcoin mining industry has kept an upward trend, profound changes have taken place in the distribution of computing power, the number of miner groups and the composition of mi...

Normal Callback or Bull Pullback? Bitcoin Data Analysis May Tell

Aug 5, 2020

Vincent He

Over the past two days, cryptocurrency prices have been rising in rotation, and market participants believe that a bull market is coming. But apart from the soared price, what about the various data of bitcoin? Today, we will take a look at the fundamentals of bitcoin from three dimensions: minin...

$6 Billion Crypto Scam PlusToken Busted up With Victims in Vain

Aug 4, 2020

Vincent He

Chinese police have taken down Plustoken, a major multinational pyramid scheme using cryptocurrencies. Since June 27, 2019, the participants of the $6 billion scam have been waiting for the withdrawal. Some of them even have accepted the collapse of the Ponzi scheme and only hope that the hand...

China to Strengthen Protection of Bitcoin-like Cryptocurrencies

Jul 22, 2020

lylian Teng

China will step up the protection of digital currency and online virtual assets, said China’s Supreme People’s Court (SPC) and the National Development and Reform Commission (NDRC). The highest judicial organ SPC, jointly with the top economic planner NDRC of the country...

China Crypto Roundup (July 13 – 20): Bitcoin Mining Farm in Sichuan, $1.4bln Laundered Money Flew to Crypto Exchanges, 1 Billion Yuan Government-Guided Blockchain Fund Launched

Jul 20, 2020

lylian Teng

In this past week, our reporter has paid a visit to bitcoin mining farms in Sichuan province, which is home to some of the largest cryptocurrency mining operations in the world, in an effort to unveil the mining empire hidden in the deep mountains of the “world’s mining capital” during the rain...