China has introduced an independently developed blockchain-based identification system for its smart city infrastructure. China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure. On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly […]
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Huawei has signed a strategic cooperation agreement with the digital currency research unit of the People’s Bank of China. Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). According to a statement from Huawei’s WeChat channel on Nov. 4, PBoC deputy […]
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What are the causes and dangers of centralization in mining, and how can geographical centralization affect the crypto space? The larger percentage of cryptocurrency enthusiasts that turn to mining pools, all the more dangerous this kind of mining is likely to become. The reason is simple: The potential rewards grow in correspondence with the number […]
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China’s official state-owned media has endorsed “orderly” blockchain innovation but cautioned the public to “keep it rational” and avoid the hype around “aircoins.” China’s official state-owned media has endorsed “orderly” blockchain innovation but cautioned the public to “keep it rational” and avoid the hype around “aircoins.” On Oct. 4, Dovey Wan — founding partner of […]
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BitMEX’s Twitter account is hacked after user emails leaked, and the CEO of a crypto exchange loses the password to a Bitcoin cold wallet. 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 […]
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After being pummeled by the 2018 crypto winter, two mining giants — Bitmain and Canaan — have filed for IPOs with the SEC in U.S. In 2017, Bitmain ruled the roost and all eyes were on China, but 2018 was a barren year for cryptocurrency. Prices plummeted. Companies crumpled. The long-awaited initial public offerings of […]
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Over 10 million blockchain-based invoices have been issued in Chinese tech capital Shenzhen, local tax authorities have confirmed. Over 10 million blockchain-based invoices have been issued in Chinese tech capital Shenzhen, according to the Shenzhen Tax Service, as reported by English-language local news outlet Xinhuanet on Nov. 1. Tencent-developed blockchain platform The tax agency also […]
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As the Bitcoin price shows volatility unseen since June, traders anticipate a large move to occur after monthly close on Nov. 1. The Bitcoin price has been showing a high level of volatility following its abrupt increase to $10,600 on Oct. 26, when Bitcoin (BTC) climbed by 43% against the United States dollar on a […]
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Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency. Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency. A Fortune report published on Nov. 1 pointed to […]
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In a first since China’s crypto ban of 2017, Binance may be planning to open an office on the Chinese mainland. Major crypto exchange Binance may be returning to China, with a planned office to open in Beijing, sources say. Binance in exile Binance, which left China in September 2017 in response to the country’s […]
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