Despite a 2021 crackdown that forced miners offline, China is quietly regaining its position as a major player in the Bitcoin mining world. Recent estimates indicate China reclaimed […]
China Quietly Reenters Bitcoin Mining, Reshaping Global Landscape
Despite a 2019 ban on all crypto mining in China, the country is quietly regaining its footing as a major player in the Bitcoin market. Industry data suggests […]
Chinese Crypto Community Shows Diverging Trends: Bitcoin’s Neutral Outlook Amidst Market Volatility
A divergence in market direction has been observed within the Chinese crypto community, according to insights shared by BlockBeats researcher Adam on social media. Many traders believe a […]
Chinese Crypto Market Shows Divergence: Bitcoin Sees Neutral Outlook
A divergence in market sentiment has emerged within the Chinese crypto community, as per insights from Greeks.live researcher Adam, shared on social media platforms. Many traders are cautiously […]
China Returns to Top 3 Bitcoin Mining Powerhouse – Unexpected Rise Amidst Regulatory Crackdown
Despite a crackdown on cryptocurrencies by the Chinese government, data reveals an unexpected resurgence in Bitcoin mining activity within the country. China now holds a significant share of […]
China’s Resurgent Bitcoin Mining: Third-Largest Player Back in the Game
Despite a 2021 ban, China has reemerged as a significant player in Bitcoin mining, now ranking third globally based on its hashrate. This development comes amid a booming […]
China’s Bitcoin Mining Resurgence: A Comeback Against All Odds
Despite an official ban in 2021, China has experienced a surprising resurgence in Bitcoin mining. Data shows the country now holds the third-largest share of global hash rate, […]
China Unveils Mining Partnership Amidst Supply Concerns and Global Competition
As concerns over China’s export restrictions intensify, the country has announced a 19-nation mining partnership. This initiative comes as the G-20 summit in Johannesburg highlights Africa’s role in […]
China’s Crypto Titans Halt $500M Ethereum Treasury Plan Amidst Market Downturn
Prominent figures in China’s cryptocurrency industry have abandoned a high-profile effort to establish a $500 million Ethereum Digital Asset Treasury (DAT) firm. This initiative, spearheaded by Huobi founder […]
Bitmain Under Investigation: U.S. Probes Security Risks of Cryptocurrency Mining Hardware
The Department of Homeland Security (DHS) and the Senate Intelligence Committee are investigating Bitmain Technologies, a Chinese company producing cryptocurrency mining rigs, amid concerns over potential espionage capabilities. […]
Bitmain Under Investigation: US Suspects Espionage Risks for Bitcoin Mining
The Chinese company Bitmain, a leading manufacturer of ASIC chips used for Bitcoin mining, is the focus of an American federal investigation concerning national security risks. This investigation […]
China’s Stablecoin Dilemma: Balancing State Control and Market Innovation
Following a significant shift in the Chinese fintech landscape, Beijing has halted all private stablecoin projects. This reversal marks a pivotal moment for China’s digital currency development. The […]
US Investigates Potential Remote Access Risks in Bitmain Mining Hardware
The U.S. government has launched an investigation into potential security vulnerabilities in Bitmain’s mining hardware, raising concerns about the ability of Chinese-owned operations to disrupt critical infrastructure. The […]
Crypto Market Update: Bitcoin Outflows, Solana ETF Launches, Hong Kong’s Tokenisation Push & China’s Crackdown
**This week’s crypto market update brings news on Bitcoin ETF flows, the launch of a new Solana staking ETF, Hong Kong’s tokenization push, and China’s renewed crackdown on […]
Chinese Crypto Giants Halt $1 Billion Ethereum Fund, Signaling Market Stagnation
A prominent initiative by Chinese crypto giants to launch a $1 billion Ethereum fund has been abruptly halted. The project, spearheaded by Huobi founder Li Lin and other […]