China

China

Markets

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.

wire

Markets

#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.

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Markets

China's Official Government Auditor Is Looking at Blockchain Solutions

China's National Audit Office thinks blockchain streamline its data storage operations.

beijing government

Markets

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.

shenzhen

Markets

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.

Chinese policeman

Markets

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.

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Markets

Police Abruptly Halt Chinese Blockchain Conference

A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.

cancelled

Markets

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.

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Markets

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."

electricity pylons

Markets

$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.

Hangzhou