China
PBoC Says It Will Keep High Pressure on Crypto Trading
China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.
Yunnan Companies Complete $580M in International Transfers Using Blockchain: Report
As of June, 208 companies had used the platform for 638 transactions.
India Admits No Crypto Data; Korean Crypto Investor Numbers Plummet
Crypto mining investment outside China booms. India’s government admits it collects no data on crypto exchanges. Number of new crypto investors plummets in South Korea. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Mining Difficulty Expected to Increase for the First Time Since China Crackdown
The positive adjustment could be the beginning of a surge in hashrate in the coming year.
Huobi Shuts Down Beijing Entity Amid China's Crypto Crackdown
As Chinese authorities crack down on local mining operations, other crypto fields appear to be impacted, including exchanges and media platforms, which could be driving massive selloffs in Chinese tech stocks. Huobi is the latest crypto exchange to be hit, dissolving its Beijing entity on July 22 and deregistering in 45 days. Why is China tightening the reins on crypto and Big Tech? "It's all about control here," host Naomi Brockwell said.
Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time
Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back in time. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Justin Sun Joins Research Project at Communist Party School
Justin Sun flaunted his new partnership with the CCP on social media.
Huobi Shuts Down Beijing Entity Amid Crypto Crackdown
The company said it's an old entity that isn't in use anymore.
Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast
China’s Bit Mining pivots to focus on overseas mining business. Korean crypto exchange Upbit accused of involvement in illegal transactions. Ethereum’s creator joins the cast of animated crypto series ‘Stoner Cats.’ We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Tron, Stuck in Polygon’s Shadow, Deserves Its Own Place in the Sun, Founder Says
Some DeFi projects on Tron apparently have quietly beaten their peers on Polygon and Ethereum.