China | ForkLog

ForkLog 13 16.04.2021

Hashrate of leading mining pools falls after Chinese coal-mine accidents

Hashrate of leading Bitcoin mining pools fell sharply amid electricity-supply problems following explosions and flooding at coal mines in several Chinese provinces.

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ForkLog 15 14.04.2021

Deripaska warns digital yuan could threaten the dollar

Russian billionaire Oleg Deripaska believes that the People's Bank of China's issuance of a digital currency will undermine the position of the US dollar in the global financial system.

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ForkLog 27 12.04.2021

Shenzhen to conduct another test of the digital yuan

From 10 to 23 April 2021, Shenzhen authorities will conduct an expanded test of the digital yuan (DCEP).

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ForkLog 6 09.04.2021

US intelligence warns of a murky future for fiat currencies

Stablecoins and privately issued digital currencies threaten the dollar and the currencies of US allies. This is the conclusion of the National Intelligence Council’s report.

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ForkLog 8 08.04.2021

Hainan authorities to test digital yuan

From 12 to 25 April, the authorities of the Chinese province of Hainan will launch testing of the digital yuan (DCEP) on Yongxin Island.

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ForkLog 37 08.04.2021

Peter Thiel Calls Bitcoin a ‘Chinese financial weapon’

PayPal co-founder Peter Thiel suggested that Bitcoin could be a “Chinese financial weapon” in an attempt to weaken the U.S. dollar. He said this at an event hosted by the Richard Nixon Foundation.

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ForkLog 16 07.04.2021

Chinese online-lottery provider buys Bitcoin-miner manufacturer Bee Computing

The NYSE-listed online-lottery services provider in China, 500.com, acquired the Hong Kong-based ASIC-miner manufacturer Bee Computing for $100 million.

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ForkLog 10 07.04.2021

China’s bitcoin farms set to surpass the Philippines in greenhouse-gas emissions by 2024

Chinese mining farms will, within three years, consume more than 296.59 TWh of electricity and surpass the Philippines in greenhouse-gas emissions.

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ForkLog 14 05.04.2021

Shark Tank star Kevin O’Leary pledges to buy only ‘clean’ Bitcoin

Investor and 'Shark Tank' star Kevin O’Leary said in a CNBC comment that he would buy only environmentally clean digital gold.

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ForkLog 14 02.04.2021

PBOC sees upside for digital yuan as Bitcoin rallies

Interest in the digital yuan project (DCEP) is partly based on the rise in the price of the leading cryptocurrency. This view was voiced by Van Xin, head of the PBOC's research arm, according to CNBC.

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ForkLog 8 23.03.2021

PBOC rules out fully anonymous CBDCs

Fully anonymous national digital currencies do not align with the consensus of the world's leading central banks. Mu Changchun, director of the CBDC Institute at the People’s Bank of China (PBoC), said, The Block reports.

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ForkLog 11 17.03.2021

Chinese public company Meitu increases investment in Bitcoin and Ethereum to $89 million

Investments by Meitu, the Hong Kong-listed image-processing software developer, in the two largest cryptocurrencies by market capitalization reached $89 million. The firm also acquired digital assets worth $49 million through a subsidiary.

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