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

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.

Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China
China

Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China

Since last Friday, the People's Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX- a decentralized leveraged trading exchange.

Huobi Global Announces it is Moving Out of China as Clampdown Intensifies
China

Huobi Global Announces it is Moving Out of China as Clampdown Intensifies

Huobi Global, one of the world’s largest digital currency trading platforms has announced it will gradually unwind its services in mainland China

Bitcoin, Ethereum, Solana And Other Crypto Prices Further Plunge Following China’s Fresh Crypto Ban
China

Bitcoin, Ethereum, Solana And Other Crypto Prices Further Plunge Following China’s Fresh Crypto Ban

Cryptocurrency markets have experienced other crashes on Friday amid China’s Central bank renewed ban on cryptocurrency transactions.

The Central Bank of China Reiterates All Crypto-related Transactions are Illegal
China

The Central Bank of China Reiterates All Crypto-related Transactions are Illegal

The Chinese government once again stepped up its suppression of cryptocurrency transactions, and the Chinese central bank stated that all cryptocurrency-related transactions are illegal.

China Evergrande's Financial Crisis Triggered Monday's Sell-off, Crypto Prices Follow the Slump
China

China Evergrande's Financial Crisis Triggered Monday's Sell-off, Crypto Prices Follow the Slump

The Crypto market slumped as fueled by the financial crises of China Evergrande.

BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November
China

BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November

BSNbase has partnered with the South Korean MetaverseSociety to launch the BSN portal operator in November, supporting Korean developers to quickly and efficiently build and operate blocks through its localized BSN platform Chain application.

Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products
China

Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products

Two Chinese state-owned banks have begun working to fund management and insurance companies to explore the use cases of digital yuan CBDC for purchasing investment funds and insurance products online.

Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says
China

Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says

Cryptocurrency analysis data platform Chainalysis released a report highlighting a declining ranking in the US and China cryptocurrency adoption rate while emerging economies record significant growth in crypto adoption.

China Continues to Influence Crypto Activities Worldwide, Study says
China

China Continues to Influence Crypto Activities Worldwide, Study says

Blockchain data platform Chainalysis published a report Wednesday, indicating China remains one of the largest cryptocurrency markets worldwide and continues to influence crypto activities worldwide.

Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop
China

Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop

Bitcoin’s hashrate seems to be on an upward trajectory after nosediving by 50% amid an intensified crackdown on crypto mining by Chinese authorities.

GOP Senators Urge US Olympic Committee to Bar Athletes from Using Digital Yuan, China Rebukes Criticism
China

GOP Senators Urge US Olympic Committee to Bar Athletes from Using Digital Yuan, China Rebukes Criticism

Three U.S. Republican senators urged United States Olympic & Paralympic Committee (USOPC) to ban American athletes from acquiring or using digital yuan (e-CNY) in the Beijing Winter Olympics in 2022. China rebukes their criticism.

Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary
China

Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary

BTC mining is becoming more geographically distributed after China's clampdown on Bitcoin mining recently.

Bitcoin Mining in China Dropped before the Latest Crackdown
China

Bitcoin Mining in China Dropped before the Latest Crackdown

New research conducted by the Cambridge Centre for Alternative Finance (CCAF) shows that Bitcoin mining in China has already nosediving even before the government started cracking the whip on crypto mining in May.

Chinese Blockchain News Flash Media Platform Bi Shi Jie.com Suspends its Operations
China

Chinese Blockchain News Flash Media Platform Bi Shi Jie.com Suspends its Operations

China's well-known cryptocurrency advisory platform- Bi Shi Jie, has reportedly temporarily suspended its App and website operations.