Bitcoin exchange exec: Chinese government was trying to suppress BTC’s price in 2013

While many don’t know it now, there was a time when China was a hub for all things Bitcoin.
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Chinese Communist Party shifts focus on crypto with launch of new book

After learning about blockchain and artificial intelligence the Chinese Communist Party officials have shifted their focus on crypto as a part of their learning about disruptive technologies through a series of books. By now, everyone is aware that the China of tomorrow is counting on the underlying technology of Bitcoin to emerge as the ultimate […] …

Bitcoin hashrate: Two mining pools control more than 50% of Bitcoin hash rate

New statistics about the source of the Bitcoin hashrate revealed that more than half of the asset’s hashrate is controlled by two mining pools. Recent data suggests that the Bitcoin network has been becoming increasingly centralized between two major mining pools. The mining pools have come to dominate the network’s hash rate after its block […] …

Crypto Ponzi scheme clamped down by Chinese authorities for scamming more than $1bn

While the world is still captivated by the PlusToken scam, a report reveals another large-scale crypto Ponzi scheme operating in China. Chinese authorities have shut down a crypto Ponzi scheme operating under the name of WOTOKEN that scammed over 1 billion US dollars from unsuspecting investors. The scam, second only to the notorious PlusToken scam, […] …

Ethereum Price Prediction: Shaping Fundamentals for 2020 – 2030

What is Ethereum? Blockchain, for purists, represents perfection, efficiency, independence, and transparency. These are ideals through which centralized systems are supposed to be built on. However, that has not been the case. The failure of banks to protect the user was incensing and led to the creation of Bitcoin, the most dominant in the crypto […] …

Analyst: Bitcoin price likely to crash if European Union edges closer to crisis

The collapse of governments and fiat currencies is what many diehard Bitcoin investors hope for; as sadistic as it may seem, they believe a violent dissolution of the institutions that run society will prove the value of a decentralized, global, and digital mechanism for the transfer of value and information. Bitcoin investors should be celebrating […]
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BHP Billiton Completes First Reported Iron Ore Transaction via Blockchain

BHP Billiton, the mining giant, has finished its first yuan-denominated transaction of iron ore through the use of blockchain technology. The transaction was made between […]
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Bitcoin trending on Chinese Twitter, a good omen?

In two weeks, the Bitcoin trending topic on Chinese Twitter is observed by those who can read Chinese characters. Although the Chinese Yuan might be prohibited in the Republic of China, however, that has not stopped the residents of China from discussing cryptocurrency. This was clarified yesterday by Samson Mow, the CSO of Block stream. […] …

Bitcoin’s Bixin Miner Operator Donates $64.6M to Fund of Funds

Bixin stands as one of the earliest Bitcoin (BTC) wallet startups and miner operators. On Friday, the company announced that it would dedicate 6600 BTC […]
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In a post-COVID world, Australia turns to blockchain for protecting $7 billion beef export industry

Australian beef is world-renowned in culinary circles as high-quality, sought-after meat. But as exports are threatened with health risks and pandemic concerns, one firm thinks pivoting to blockchain technology is the answer. This week, a successful export trial further cemented the potential of distributed ledger technology as an industry changer. Australian beef gets the blockchain […]
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