China | ForkLog

ForkLog 28 22.06.2021

Opinion: China’s crackdown on miners confirms Bitcoin’s resilience

Restrictive measures against Bitcoin mining should be viewed positively, as they confirm the soundness of the first cryptocurrency. This view was voiced by miner Brandon Arvanaghi in an interview with Bloomberg.

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ForkLog 10 22.06.2021

CNBC host Jim Cramer sold ‘almost all of his bitcoins’ amid China’s tightening crypto policy

Former hedge-fund manager of Cramer & Co. and host of Mad Money on CNBC, Jim Cramer sold most of his bitcoins after news of mining restrictions in China.

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ForkLog 18 22.06.2021

China bars banks and payment systems from Bitcoin transactions

The People’s Bank of China held a meeting with representatives of financial institutions. The regulator banned them from participating in cryptocurrency transactions and ordered authorities to crack down on such activity.

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ForkLog 9 21.06.2021

Media: Three tonnes of bitcoin miners to be moved from China to the United States

Against the backdrop of the Chinese authorities' crackdown on the crypto industry, a logistics firm in Guangzhou said it was transporting a large batch of bitcoin miners to the United States.

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ForkLog 10 21.06.2021

Asus graphics-card prices in China fall threefold amid mining ban

Amid tighter mining regulation by Chinese authorities, prices of some Nvidia and Asus graphics cards have fallen severalfold.

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ForkLog 11 21.06.2021

Media: One of China’s largest banks bans Bitcoin-related operations.

The Agricultural Bank of China, the third-largest bank in China, published a notice banning cryptocurrency-related transactions, but later deleted it.

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ForkLog 18 20.06.2021

Bitcoin hash rate plunges amid Chinese authorities’ decisions

Bitcoin hash rate fell below 110 EH/s after Sichuan authorities halted key miners.

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ForkLog 10 18.06.2021

Beijing ATMs gain option to convert yuan into CBDC

Industrial and Commercial Bank of China (ICBC) has added the ability to convert yuan into a digital version (CBDC) and back at more than 3,000 ATMs in Beijing.

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ForkLog 24 18.06.2021

Canon installs AI smile-recognition cameras in Chinese offices. Only smiling workers are admitted.

Canon installed AI-powered smile-recognition cameras in the offices of its subsidiary Canon Information Technology in China.

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ForkLog 17 18.06.2021

Sichuan miners ordered to halt operations by June 20

Authorities in Sichuan province ordered the shutdown of activities by “key” miners and barred local energy companies from supplying them with electricity.

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ForkLog 49 17.06.2021

Fred Ehrsam: China could outpace the United States in the digital assets market

The United States is mistaken in its regulation of the digital assets industry, as it could be a powerful driver of growth for the economy. Fred Ehrsam, cofounder of the Bitcoin exchange Coinbase and CEO of Paradigm, said in an interview with Bloomberg.

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ForkLog 7 16.06.2021

Tesla proposed to resume accepting Bitcoin payments — condition met

Following the latest restrictive measures by Chinese authorities against mining, more than half of Bitcoin's hashrate is generated from renewable energy, according to Jiang Zhuoer, founder and head of the BTC.TOP pool.

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#China