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Chinese Crypto News Site ChainNews Shuts Down
The space for crypto media in China is shrinking.
Par Eliza Gkritsi
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ChainNews, one of China’s top crypto news sites, shuttered its operations today, co-founder Feng Liu told CoinDesk in a Twitter message.
- Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot obtained by CoinDesk.
- On Nov. 15, ChainNews said its website would be down for maintenance for a few hours, but that the team would continue posting news on its Telegram channel and Twitter account. The news site has gone silent in both platforms since Nov. 25.
- The closure follows China’s Sept. 24 statement that it would step up censorship of crypto news sites along with its escalated crackdown on trading and mining.
- Liu refused to comment further on the closure.
Read more: Some Chinese Crypto News Sites Appear to Go Dark as Crackdown Continues
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