China | ForkLog

ForkLog 9 10.06.2021

BSN developer raises $30 million

The startup Red Date Technology, behind China's national Infrastructure Blockchain Platform (BSN), closed a $30 million Series A funding round.

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ForkLog 12 10.06.2021

Authorities in China’s Qinghai Province order miners to halt operations

The Qinghai Province Department of Industry and Information Technology ordered local mining companies to suspend current operations. New projects in the sector were also banned.

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ForkLog 11 09.06.2021

In China, 1,100 people arrested on charges of money laundering through cryptocurrencies

Chinese law enforcement authorities arrested 1,100 people and shut down 170 organisations over money-laundering allegations involving digital assets.

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ForkLog 12 09.06.2021

Xinjiang: Residents of one of the largest mining hubs ordered to halt operations

Bitcoin miners at the Shandong Economic and Technological Development Park, based in Changji Prefecture, Xinjiang, were ordered by local authorities to cease operations immediately.

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ForkLog 20 07.06.2021

Media: Bitmain cuts Antminer prices amid Chinese mining criticism

The ASIC equipment maker Bitmain cut the price of Antminer devices by 20% amid the Bitcoin price decline and mining criticism by Chinese authorities.

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ForkLog 8 07.06.2021

China unveils guidelines for blockchain deployment

The Ministry of Industry and Information Technology of China, together with the Cyberspace Administration of China, presented guidelines for accelerating blockchain technology adoption.

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ForkLog 12 07.06.2021

Shanghai authorities hand out $3 million in digital yuan testing

Shanghai authorities distributed central bank digital currency (CBDC) among the population. Lottery winners received "red envelopes" with 55 digital yuan each (about $8.6).

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ForkLog 14 07.06.2021

Weibo blocks cryptocurrency bloggers’ accounts

The Chinese microblogging service Weibo has blocked at least 12 cryptocurrency influencers' accounts.

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ForkLog 10 03.06.2021

Chinese media: Bitcoin trading is not banned, but safeguards for ordinary investors are needed

Bitcoin and other digital asset trading is possible if citizens are willing to bear such risk. At the same time, advertising of 'profitable assets' will be tightened, writes 8btc citing the Chinese information agency Xinhua.

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ForkLog 13 03.06.2021

China develops a language model ten times larger than GPT-3

The Beijing Academy of Artificial Intelligence unveiled WuDao 2.0, a new language model. According to the developers, it surpasses similar technologies from Google and OpenAI.

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ForkLog 11 03.06.2021

Canaan defends Bitcoin mining in China

The mining equipment maker Canaan Creative has spoken out against the indiscriminate crackdown on mining in China, Reuters reports.

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ForkLog 10 03.06.2021

Sichuan authorities meet local miners in a positive mood

A seminar organised by Sichuan's provincial regulator and the local branch of the State Grid Corporation with local miners unfolded in a cordial atmosphere, with no resolutions adopted. According to Cryptonews.

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