China Archives - Page 13 of 15

China Scrutinizes Banks, E-Payment Accounts to Stamp out ‎Cryptocurrency Trading

February 28, 2018

China is escalating its clampdown on cryptocurrency trading in a bid ‎to finally quash the market completely. Beijing’s tougher stance will ‎target overseas platforms that offer exchange-like services ‎to mai...

Ripple Partners with Chinese Payment Provider LianLian International

February 7, 2018

Ripple announced a new partnership today with Chinese payment provider LianLian International. In another example of the company’s real-world application of its blockchain technology, LianLian will implement ...

Baidu Launches Chinese Version of CryptoKitties

February 5, 2018

Last year, the cute kittens of CryptoKitties made quite a mess on Ethereum blockchain. The blockchain-based virtual game was so popular that it clogged up the Ethereum network. Now, the Chinese search engine ...

China to Block All Cryptocurrency Websites, Markets in the Red

February 5, 2018

The Chinese government is reportedly about to block all access to cryptocurrency websites from inside China, redoubling its efforts to stamp out the industry in the country as the prices of 98 of the top 100 ...

First Blockchain-Based Agricultural Commodity Trade Completed

January 22, 2018

As the blockchain hype is growing, the traditional industries and sectors are actively testing the potential of the revolutionary technology. In a partnership, Louis Dreyfus Company (LDC), Shandong Bohi Indu...

Clock Ticking on Cryptos in China as Central Bank Spells Out Latest Crackdown

January 19, 2018

China’s stance against cryptocurrency has hardened yet again, with Beijing ordering its most stringent measures to date in a bid to halt the proliferation of crypto trading. The country has reportedly release...

China to Crypto Miners: Time to Make an “Orderly Exit”

January 11, 2018

Recently, the Wall Street Journal issued a report saying that China has ordered its “army of Bitcoin miners” to cease all operations. This latest announcement comes in the wake of last week’s reports from Bl...

Even if Bitcoin Fell 50%, Chinese Miners Would Still Profit

January 10, 2018

Despite the crypto-related troubles that China has had with cryptocurrency in recent months, some Chinese citizens are still managing to profit off of crypto. According to a report from Bloomberg, the practic...

ViaBTC Announces Closing of Mining Business

January 9, 2018

On Monday, the Chinese cloud cryptocurrency mining pool ViaBTC announced the shutdown of its mining business. The company will close all of its mining contracts by Wednesday. Though the firm did not explain ...

Rumours of Demise of Chinese Bitcoin Mining Greatly Exaggerated

January 4, 2018

It was widely reported yesterday that the Chinese government was planning to crack down on cryptocurrency mining, in what could have been the final death knell for cryptocurrency in China. However, it has no...