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China
Korea’s Love for Crypto Continues, Crypto Exchange Bilaxy Hacked
Data shows Korean love of crypto remains strong, despite new regulations. China banks release data on e-CNY progress. Hong Kong-based Bilaxy crypto exchange suffers US$21 million hack. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Crypto Mining Firm The9 to Launch NFT Platform in Q4
The Shanghai firm is the latest to enter the booming digital collectibles market.
China to Build Global Clearing Network for Mobile Payments, Using Digital Yuan: State Media
RMB internationalization is inevitable, wrote People’s Daily.
Bitcoin Hashrate Heading Up?
A new chart reveals bitcoin's hashrate could be heading up. Industry watchers expect a continued uptrend spurred by the recent bitcoin price rally, with Chinese miners speeding up their migration to alternate jurisdictions and U.S. miners expanding capacity. CoinDesk's Galen Moore breaks down the Chart of the Day.
Argo Blockchain Answers Crypto Mining's ESG Challenge
U.K.-based crypto miner Argo Blockchain is calling itself the first publicly-traded cryptocurrency miner to become "climate positive." CEO Peter Wall discusses how his firm has "gone beyond net zero" in carbon emissions and whether renewables-focused mining could push the bitcoin price up further. Plus, his take on the impact of China's crackdowns on mining operations and plans for Argo to go public in the U.S.
Bitcoin Miners Hold Onto Rigs, Betting the Bull Run Will Continue
Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.
Crypto Adoption Shifts to Emerging Markets as China, US Drop in Chainalysis Global Rankings
Most bitcoin is traded on exchanges with central order books, but some are traded peer-to-peer (P2P). A new Chainalysis chart reveals smaller, emerging markets outside the U.S. and China are growing faster in crypto trading activity by this measure relative to what can be seen in the world's two largest crypto markets. CoinDesk's Galen Moore breaks down the Chart of the Day.
Digital Yuan Used in China's Domestic Futures Market for First Time: Report
The interbank payment using the e-CNY afforded a zero cost, efficient and convenient payment option in real time, according to the report.
Markets Plunged on China’s Crypto Crackdown, Shrugged Off Dreaded US Tax Provision
In the days following bad bitcoin-related press from Beijing and Washington, capitals of the number one and two largest economies in the world, bitcoin did strikingly different things: it dropped 30% on the China news in May, while it ran up 6.7% on the U.S. tax provision in August. CoinDesk's Galen Moore breaks down the Chart of the Day.
Cuando China habló, bitcoin reaccionó. ¿Cuando lo hizo Estados Unidos? No tanto
Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.
