Latest from David Pan
US Policy Adviser Rebuts Peter Thiel: Bitcoin Won't Undermine USD
One policy maker says China is unlikely to use bitcoin as a financial weapon against the U.S. dollar.
Chinese Lottery Firm Furthers Crypto Pivot by Buying Bitcoin Miner Maker for $100M
The acquisition of mining equipment maker Bee Computing comes amid the lottery-turned-crypto-mining firm’s shopping spree.
Fed Chair Powell: Digital Dollar Would Need Stronger Privacy Than Digital Yuan
“The lack of privacy in the Chinese system is just not something we could do here,” Powell told a House committee.
How China’s Digital Yuan Could Go Global
China has been quietly testing platforms where the digital yuan can be freely traded with other fiat currencies.
Weibo Suspends Huobi, Binance, OKEx Accounts After Bitcoin Surge
Chinese social media app Weibo suspended the official accounts of four major crypto exchanges: Huobi, Binance, OKEx and MXC.
Bitmain Accused of Illegally Hiring Engineering Talent in Taiwan
Prosecutors claim more than 100 engineers were poached by the bitcoin mining company.
Controversial Dapps Test Binance Smart Chain’s Decentralization
Developers built politically sensitive applications on Binance Smart Chain as a way of showing the increasingly popular blockchain platform is not as decentralized as Ethereum. The dapps remain online.
Chinese Companies That Have Nothing to Do With Crypto Are Pivoting to Mining
While these moves seem opportunistic at first glance, some of the companies are well-positioned to get involved in bitcoin mining.
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
Bitcoin Mining Farms in Texas Offline From Winter Storm
A rare winter storm in Texas has knocked out most of the bitcoin mining facilities in the Lone Star State.
