China

Ethereum Hashrate Reaches All-Time High
Computing power on the network has rebounded from China’s mining crackdown as demand picks up.

Korea Crypto Damage Assessed, Initium’s News-Based NFTs Sells Out
South Korea’s crypto regulation damage is assessed. Initium media’s news-based NFT collection sells out. China’s Bitmain seals crypto mining deal with ISW Holdings. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Bitmain to Send 56,000 Antminers to US State of Georgia Under ISW Deal
It will cost $62 million to bring 200 MW to the Georgia facility.

Bitcoin Price Plunges, Metaverse Actions Heats Up in China
Bitcoin takes a plunge. A regulator says crypto crackdown is needed in Hong Kong. Metaverse action heats up in China. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Bitcoin Miner Profits Remain High Despite Surges in Mining Difficulty
Today’s 4.5% increase is the fourth consecutive upward difficulty adjustment. But it’s slowing.

Hong Kong SFC Should Regulate Crypto, Says Official: Report
The city’s government is expected to propose a bill that would require virtual asset services providers to apply for licenses.

China to Pilot Blockchain-Based Green Power Trading
The world biggest CO2 emitter is using blockchain to transition into carbon neutrality.

China Has Completed ‘Rectification’ of Crypto Transactions: PBOC
The country’s central bank has warned banks and payment services providers to stay away from virtual currencies.

BSN to Launch South Korea Portal, Canaan Secures Huge Rig Order
China’s Blockchain-based Service Network to launch portal in South Korea. China’s Canaan secures huge mining rig order from Genesis Digital Assets, and a Korean play-to-earn game explodes in popularity despite a ban in its home country.

Red Date, MetaverseSociety Partner to Launch BSN Portal in S. Korea
The portal will be the Blockchain Services Network’s third in the APAC region.

