China

Bitcoin Miners Arrested for Alleged Power Theft
Allegations of electricity theft have reportedly led to the arrest of bitcoin miners and equipment seizures in two Chinese cities.

#MeToo Movement Turns to Ethereum to Evade Censorship
Inspired by the #metoo movement, students in China are coding messages into the ethereum blockchain to escape Chinese internet censorship.

China's Official Government Auditor Is Looking at Blockchain Solutions
China's National Audit Office thinks blockchain streamline its data storage operations.

Another Chinese City Is Backing a Big Blockchain Investment Fund
The city government of Shenzhen, China, is backing an $80 million blockchain investment fund, soon after Hangzhou city supported a similar effort.

Police Bust Alleged $13 Million Crypto Pyramid Scheme
Police in China have arrested the founders of a claimed cryptocurrency pyramid scheme that amassed $13 million from over 13,000 people.

Bitcoin Merchant Adoption Might Just Be Accelerating In Asia
Luxury brand Bellatorra Skin Care reports hot demand for crypto payments from both wholesale and retail customers as it expands into China and India.

Police Abruptly Halt Chinese Blockchain Conference
A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.

China Needs Better Regulation for Blockchain Growth, Experts Say
Industry experts spoke of the need for regulations and standards to boost blockchain growth at a Chinese event on Tuesday.

China's State Electricity Firm Eyes Blockchain for Internet of Energy
China State Grid Corporation, the country's state-owned power utility, is looking to blockchain to advance its plans for an "Internet of Energy."

$1 Billion Blockchain Fund Launches with Chinese Government Backing
China now has a new blockchain fund with $1.6 billion available – 30 percent of that backed by the Hangzhou city government.

