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Markets Crash After Reports That Binance’s Shanghai Office Closed in Crypto Crackdown

November 21, 2019cashtechnews

Chinese police have reportedly shut down the Shanghai offices of leading cryptocurrency exchange Binance. Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees […]

Chinese Tech Capital Shenzhen Issues Warning Against Crypto Activities

November 21, 2019cashtechnews

The Chinese technology capital of Shenzhen issued a warning against illegal activities concerning cryptocurrencies. The Chinese technology capital of Shenzhen issued a warning against illegal activities concerning cryptocurrencies. Local finance news outlet Eastmoney reported on Nov. 21 also that Shenzhen’s Leading Group for Remediation of Internet Finance Risks will investigate and collect evidence on illegal […]

Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?

November 21, 2019cashtechnews

With Facebook and Google establishing themselves more firmly into the financial industry, what is the future like for crypto? A peculiar phenomenon is occurring within the economic sector. In fact, it’s been transpiring over the past few decades. After the rise of the internet and the development of effective communications, the financial industry underwent a […]

With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US

November 20, 2019cashtechnews

Chinese companies submitted around 7,600 blockchain patent applications between 2009 and 2018, about three times as many as U.S.-based companies. Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology. On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between […]

Price Analysis 20/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

November 20, 2019cashtechnews

Bitcoin price is close to critical support levels, but we anticipate a bounce off the support levels as we take a look at the charts. The Federal Reserve Board Chairman Jerome Powell has said that the Fed is not developing a central bank digital currency (CBDC), but it is conducting its own research to evaluate […]

China Digital Currency Launch ‘Definitely’ in 6-12 Months — Investor

November 20, 2019cashtechnews

Proof of Capital partner Edith Cheung tells mainstream media Beijing’s digital currency could appear as soon as May next year. China will “definitely” deploy its new digital currency within the next six months to a year, a local blockchain investor has said. Speaking to CNBC on Nov. 20, Edith Cheung, partner at blockchain-focused venture capital […]

Bitcoin Slips in KPMG Rankings, But Cryptocurrency Innovation Has Strong Showing

November 19, 2019cashtechnews

Cryptocurrency and blockchain firms are well-represented among a recent KPMG ranking of fintech firms. On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related companies but reinforced innovation in the payments industry. As was the […]

Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020

November 19, 2019cashtechnews

Two Bitcoin mining firms entered a merger agreement and plan to jointly build the world’s largest mining farm. German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm. According to a Northern Bitcoin press release published on […]

Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account

November 19, 2019cashtechnews

The need for censorship-resistant currencies like Bitcoin has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors. The need for censorship-resistant currencies like Bitcoin (BTC) has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors. […]

BlockShow Asia, Bitcoin Crash Warning, India Delays Crypto Ban: Hodler’s Digest, Nov. 11–17

November 17, 2019cashtechnews

All the latest from BlockShow Asia 2019, including mixed messages on crypto regulation and hard truths about token prices. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week […]

Tag: china

Markets Crash After Reports That Binance’s Shanghai Office Closed in Crypto Crackdown

Chinese Tech Capital Shenzhen Issues Warning Against Crypto Activities

Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?

With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US

Price Analysis 20/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

China Digital Currency Launch ‘Definitely’ in 6-12 Months — Investor

Bitcoin Slips in KPMG Rankings, But Cryptocurrency Innovation Has Strong Showing

Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020

Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account

BlockShow Asia, Bitcoin Crash Warning, India Delays Crypto Ban: Hodler’s Digest, Nov. 11–17

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