China

China

Markets

Yunnan Companies Complete $580M in International Transfers Using Blockchain: Report

As of June, 208 companies had used the platform for 638 transactions.

Lugu Lake, on the border of Yunnan and Sichuan

Videos

India Admits No Crypto Data; Korean Crypto Investor Numbers Plummet

Crypto mining investment outside China booms. India’s government admits it collects no data on crypto exchanges. Number of new crypto investors plummets in South Korea. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Policy

Mining Difficulty Expected to Increase for the First Time Since China Crackdown

The positive adjustment could be the beginning of a surge in hashrate in the coming year.

Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021.

Videos

Huobi Shuts Down Beijing Entity Amid China's Crypto Crackdown

As Chinese authorities crack down on local mining operations, other crypto fields appear to be impacted, including exchanges and media platforms, which could be driving massive selloffs in Chinese tech stocks. Huobi is the latest crypto exchange to be hit, dissolving its Beijing entity on July 22 and deregistering in 45 days. Why is China tightening the reins on crypto and Big Tech? "It's all about control here," host Naomi Brockwell said.

Recent Videos

Videos

Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time

Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back in time. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Markets

Justin Sun Joins Research Project at Communist Party School

Justin Sun flaunted his new partnership with the CCP on social media.

Tron founder Justin Sun

Markets

Huobi Shuts Down Beijing Entity Amid Crypto Crackdown

The company said it's an old entity that isn't in use anymore.

Huobi OTC

Videos

Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast

China’s Bit Mining pivots to focus on overseas mining business. Korean crypto exchange Upbit accused of involvement in illegal transactions. Ethereum’s creator joins the cast of animated crypto series ‘Stoner Cats.’ We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets

Tron, Stuck in Polygon’s Shadow, Deserves Its Own Place in the Sun, Founder Says

Some DeFi projects on Tron apparently have quietly beaten their peers on Polygon and Ethereum.

Tron founder Justin Sun

Markets

Beijing City Blockchain Touts Interoperability With File Storage Product

The city's government plans to unite data that's spread out among its departments.

Chain