China | ForkLog

ForkLog 9 19.04.2021

China proposes treating Bitcoin as an investment instrument

Cryptocurrencies, such as Bitcoin, should be viewed as alternative investments. This was stated by Li Bo, deputy governor of the People's Bank of China (PBoC), during the Boao Forum for Asia, according to journalist Colin Wu.

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ForkLog 12 19.04.2021

Chia cryptocurrency miners spur local HDD and SSD shortage in China

Due to the surge in popularity of the Chia cryptocurrency, miners in China are stockpiling hard drives and solid-state drives for its mining.

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ForkLog 13 19.04.2021

Chinese police seize nearly $4 million in Bitcoin and EOS from gambling-platform developers

Police in Yancheng, Jiangsu province, China, have arrested a group of developers behind a decentralized EOS-based gaming platform.

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ForkLog 5 16.04.2021

Spring Airlines begins accepting payments in digital yuan, reports say

Spring Airlines has sold the first airline ticket paid in digital yuan (DCEP). Local media report this.

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ForkLog 14 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 19 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 31 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 9 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 11 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 48 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 20 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 12 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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