China
US Becomes the New Bitcoin Mining King Following China Crackdown
According to the Cambridge Centre for Alternative Finance (CCAF), the U.S. has become the world’s leader in bitcoin mining following China’s renewed crypto industry crackdown, accounting for 35.4% of the global hashrate as of the end of August, more than doubling from 16.8% at the end of April.
Stronghold Digital Sets IPO Price at $16-$18 a Share
Stronghold Digital, a bitcoin mining firm that converts coal waste into power for its operations, plans to raise $94 million and $106 million in an IPO. According to a filing with the SEC, it plans to sell about 5.9 million shares at $16-$18 per share for acquisitions of mining rigs and power-generating assets.
La policía de Zunyi, China, desmanteló una estafa de lavado de dinero de 124 millones de dólares.
Las autoridades estuvieron trabajando en el caso durante dos meses, siguiendo una directiva del Consejo de Estado del país.
WeChat parece censurar las búsquedas de Binance y Huobi
La medida se produce después de que los principales reguladores de China pidieran un mayor escrutinio de los proveedores de información Cripto .
Binance eliminará la negociación del yuan chino de su plataforma C2C
El intercambio de Cripto también ejecutará un “inventario” para asegurarse de que ninguno de sus usuarios sea de China continental.
China Wants to Ban Private Capital Involvement in Media, Publishing, Online Platforms
The Chinese Communist Party (CCP) has reportedly laid out plans to ban any private-sector involvement in media, publishing and online platforms. "The Hash" panel discusses the latest move signaling the CCP's tightening control over its economy and what it could mean for the state of crypto affairs in the country.
Squid Game NFTs Traded on OpenSea; Bitcoin on a Roll
Squid game NFTs are now traded on OpenSea. Also, bitcoin is on a roll and McDonald's China celebrates its anniversary with an NFT collection. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
BSN de China lanzará portales en Turquía y Uzbekistán
La plataforma blockchain como servicio construida en China continúa expandiéndose alrededor del mundo.
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.
Stacks Surges After NFT Push, Samsung Next Invests in Sky Mavis
Stacks surges following push into bitcoin non-fungible token (NFT) market. Samsung Next invests US$152 million in Sky Mavis despite Korean NFT gaming ban. China crypto mining clampdown continues to bite. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
