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China’s Supreme Court Decides to Strengthen the Protection of Cryptocurrency Property Rights

China’s Supreme Court Decides to Strengthen the Protection of Cryptocurrency Property Rights

The Chinese Supreme Court has decided to strengthen cryptocurrency property rights. China’s Supreme Court is looking to further protect property rights, including economic property rights through different ownership systems in accordance with the law.

TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper

TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper

TikTok owners agree to a new partnership to advance blockchain advancements with Chinese News Outlet, Shanghai Dongfang Newspaper Company.

Commodities Slump on China's Economic Headwinds

Commodities Slump on China's Economic Headwinds

Commodity prices dropped 9% amid China's economic woes affecting demand, including COVID-19 and property sector issues. Crude oil prices fell sharply. Despite a positive long-term outlook, short-term risks remain.

US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted

US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted

The United States now ranks as the largest Bitcoin mining hub, ahead of China with 35.4% of the global hash rate as of the end of August.

Bitcoin's Hashrate Recovers and Hits New ATH at 182.01 EH/s

Bitcoin's Hashrate Recovers and Hits New ATH at 182.01 EH/s

BTC miners have been able to dust themselves off following China's intensified crackdown, given that the hashrate reached historic highs of 182.01 EH/s.

Chinese MIIT Issues Guidance on Blockchain Technology

Chinese MIIT Issues Guidance on Blockchain Technology

China has issued guidelines for promoting the application of blockchain technology and industrial development.

Thailand Sees PoW Mining Surge As China Ban Lingers On

Thailand Sees PoW Mining Surge As China Ban Lingers On

As the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.

Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under

Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under

The Australian Cyber Security Center has published a report highlighting vulnerabilities that are being exploited by hackers using cryptojacking malware.

Bank of China’s Former President Lists Four Key Conditions For Digital Yuan to Replace Cash

Bank of China’s Former President Lists Four Key Conditions For Digital Yuan to Replace Cash

The former head of the People’s Bank of China announced that the soon to be launched Digital Yuan will be able to replace cash if certain key conditions are met.

China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline

China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline

China intensified law enforcement against domestic Bitcoin mining activities. Bitcoin mining sites in Sichuan Province were reportedly massively disconnected by losing power supply and abilities for further BTC mining operations.

Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining

Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining

Bitmain faces a $3.7 million fine in China for greenwashing claims in Bitcoin mining, signaling heightened scrutiny and stricter regulations on environmental compliance.

China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto

China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto

Sparkpool, an Hangzhou-based Ethereum mining pool in China, has suspected of providing its services to its customers in China and further plans to halt the services abroad.

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