Ethereum DeFi shown on chinese state TV, new flow of investors?

September 28, 2020 China, ETH, Ethereum, News Eddy 0

Ethereum is up 169.4% in 2020 and has driven the crypto market rally.  Report is part of a coordinated effort amongst state media to report on cryptocurrencies. In an unexpected development for the crypto market, China’s state television has recognized its positive performance. The state-owned channel CCTV2 has presented a program in which it declares […]

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China’s Blockchain Service Network Releases An International Website

August 10, 2020 AA News, Blockchain, China, Crypto News, Ethereum, Tezos Eddy 0

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Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears

August 10, 2020 Bitcoin, Bullion flight, China, digital gold, gold, Hong Kong, Joshua Rotbart, News, Singapore, Switzerland Eddy 0

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Chinese Commercial Banks Test A CBDC-Linked Digital Wallet

August 6, 2020 AA News, Banks, CBDC, China, Crypto News Eddy 0

The Chinese central bank digital currency (CBDC) could be approaching its long-anticipated launch as new reports indicated that multiple local commercial banks have begun conducting trials of a digital wallet application linked to the CBDC. Chinese Banks Test Digital Wallet App For CBDC In the latest turn of events regarding China’s future digital currency, a […]

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Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’

August 5, 2020 ASIC mining rigs, Bitcoin, Bitcoin (BTC), Bitcoin mining, China, chinese miners, F2Pool, Gezhou Dam, Hashpower, Hashrate, Johnson Xu, largest hydroelectric dam, Miles Guo, Mining, monsoon season, rainfall, SHA256, sichuan, Sichuan miners, Three Gorges Dam, tokeninsight Eddy 0

This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province.The landlocked province in Southwest China, Sichuan is located upstream of the Three […]

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