Coinbase CEO tops China’s Hurun list of blockchain billionaires
The CEO of the United States’ largest cryptocurrency exchange, Coinbase, has topped the list of global industry billionaires by China’s Hurun Research Institute. Issued on...
Category : China
Crypto myth busted: Users haven’t mined Ether using a PlayStation 5 yet
While users might still be able to adapt some gaming consoles for mining cryptocurrency, evidence suggests that recent reports of a modified PlayStation 5 mining...
China’s Inner Mongolia to shut down crypto mining farms by April 2021
Authorities of the Chinese autonomous region of Inner Mongolia have proposed to close down all local cryptocurrency mining facilities to reduce energy consumption in the...
China’s BSN partners with TON Labs to utilize Telegram blockchain
TON Labs and China’s Blockchain-based Service Network are collaborating to build applications on the Telegram-built TON protocol. According to an announcement issued on Monday, the...
China’s CBDC is about domestic dominance, not beating the dollar
For the past several years, the trade war between China and the U.S. has been at the center of international relations, with technology playing an...
Ebang planning to expand business to mine LTC and DOGE
According to an announcement from Chinese mining equipment supplier Ebang, the mining firm’s board passed a resolution on Thursday to establish a Litecoin (LTC) and...
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23....
Ant-backed MYbank to help China expand digital yuan trial
China’s central bank is pushing exposure to its ongoing national digital currency pilot by enlisting two major private banks in the project. According to a...
Fortune 500 firm Geely to launch joint blockchain venture in China
Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest...
Chinese bank tests biometric hardware wallet for digital yuan payments
China’s large-scale digital yuan testing across several cities continues to gather pace with some financial institution leading the development of hardware wallets for the central...