On the evening of March 16, the topic of "Bitcoin" was listed as Weibo (Twitter-like media in China) trending topic again, once ranking No. 8 for 2 hours and 30 minutes. In fact, the cost of listing bitcoin as a trending search every time is quite large, far higher than the market price o...
While the world continues its battle with the coronavirus, the crypto space is moving forward with positive developments. Bitcoin price has been bouncing back after the bloodbath but where it will go is still provoking debates in the industry. In China, most bitcoin miners are still holding on t...
The average salary offered to blockchain jobs in China has fell by 37% in 2019 compared to the previous year, a latest report says. According to the Report on China Blockchain Professional Development 2020 jointly released by blockchain information service platform Interchain Pulse and ...
Since cryptocurrency has changed from a niche experiment to new finance with a market value of $230 billion, cryptocurrency analyst emerges as relevant professions in the industry. However, just as the frequent chaos of the cryptocurrency industry, the chaos of cryptocurrency analysts is endless ...
The People’s Bank of China (PBoC) has reportedly finished the first-technical-step of developing its sovereign digital currency. Yet, the launch date is still vague; now the central bank needs to come up with relevant laws for its circulation, and that can take even more time. An anonym...
Chinese payment giant Alipay has published 5 patents related to CBDC (central bank digital currency) from February 21 to March 17. Alipay, a third-party payment company, will undertake four crucial functions of China’s CBDC. Assuming the function of delivery and transaction bookke...
Bitcoin price’s latest crash seems to have cast a shadow over the mining sector which saw the hashrate of bitcoin network dropped to a low of 85 EH/s from a peak of 133 EH/s on March 5. The current prices might be too low for some mining operations, which caused a small exodus of miners t...
China’s central bank released in a long post lashing out at the cryptocurrency trading platforms titled “3.15 Protection of Financial Consumption Rights and Interests” on March 22. The post displays three problems existing in the crypto exchanges by several pictures as follows: Cl...
The cryptocurrency sphere this week was less discouraging and gloomy than the last. Bitcoin has not continued to drop but managed to bounce back above $6,000 since the March 12 global market turmoil. Amid the bullish sentiment, the central bank of China once again warned the public about crypto...
Sina Weibo, China’s equivalent of Twitter, has reportedly been hit by a data breach, with its 538 million user records being offered for sale on the dark web, according to local technology publication PingWest. On March 19, a Weibo user found that 538 million Weibo users’ phone number...
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