China
Estados Unidos capta el negocio de minería de bitcoin tras la restricción de China
Según el Centro de Finanzas Alternativas de Cambridge, la participación de China se ha reducido a cero.
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.
Police in China’s Zunyi City Bust a $124M Money Laundering Scam
Authorities were on the case for two months, following a directive from the country’s State Council.
WeChat Appears to Censor Binance and Huobi Searches
The move comes after China’s top regulators called for more scrutiny of crypto information providers.
Binance to Delist Chinese Yuan Trading From C2C Platform
The crypto exchange will also run “inventory” to make sure none of its users are from mainland China.
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."
China’s BSN to Launch Portals in Turkey, Uzbekistan
The Chinese-built blockchain-as-a-service platform continues to expand around the world.
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.
