China Wants To Stop Anonymous Blockchain Use: Reports

New cybersecurity rules currently out for public consultation in China would notionally force users to provide their real identity to use any kind of Blockchain-based service. Blockchain? You’ll Need Your Name And ID As South China Morning Post (SCMP) reports quoting local media sources, the Cyberspace Administration of China is currently seeking feedback on the proposals, […]

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Bitcoin Miner Imprisoned for Stealing Power from Trains

A Chinese bitcoin miner from Shanxi province has been jailed after admitting to the theft of 104,000 yuan ($15,000) worth of electricity from a train network.  Cheap Day Return Obviously, stealing that much power would take an awful lot of train travel. No matter how many seats with power sockets you reserved, the ticket price […]

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China’s Oldest Tech Publication Begins Accepting Bitcoin Payments

The oldest Chinese publication for science and technology news will begin accepting Bitcoin as subscription payments in 2019. As such, it’s going to become the very first media to accept cryptocurrencies for subscriptions. 0.1 BTC For 1 Year Subscription Beijing Science and Technology News’s Technology Life announced in an official press release that it will […]

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Bitcoin Tycoon Li Xiaolai Says He’s Done Investing In Blockchain Projects

BitFund founder and well-known Bitcoin holder Li Xiaolai said that he is going to stop personally investing into blockchain projects. Instead, he’s focusing on a career change. One of China’s biggest Bitcoin (BTC) 00 holders, Li Xiaolai, caused a huge stir in the local cryptocurrency community after he announced via Weibo that he would now […]

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How People Are Still Buying Bitcoin and ICO Tokens in China

Despite the statewide clampdown on initial coin offerings, investors in China can still take buy ICO tokens fairly easy.  Local ICO projects, on the other hand, take advantage of foreign-registered companies to circumvent the prohibitions. How to Buy Bitcoin in China Despite China’s blanket ban on all cryptocurrencies and initial coin offerings, investors can still […]

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Houston Rockets Inks Sponsorship Deal with Bitcoin Mining Pool ‘AntPool’

Popular National Basketball Association (NBA) team, Houston Rockets, recently entered into a sponsorship agreement with AntPool, one of the largest Bitcoin mining pools. The deal sees the Bitmain-owned AntPool sponsoring the Rockets for the upcoming 2018/2019 NBA season. Houston Rockets…to the Moon? According to SportsPro Media, the deal followed AntPool’s announcement of its newly built […]

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From Farm to Plate, Blockchain Is Revolutionizing Agriculture

Blockchain technology is increasingly being heralded as a solution to many of the problems plaguing today’s agricultural supply chain.    Many of today’s farmers are keen on embracing cutting-edge technology to help solve a variety of issues in the industry. A 2017 mid-year review from Ag Funder said start-ups related to farm management software, sensing, […]

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China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges

China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 […]

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China Officially Bans All Crypto-Related Commercial Activities

China’s most popular messaging app, WeChat, has been asked to shut down the accounts of several blockchain and crypto-related news outlets as new regulations are enforced.  China Makes Ban Official According to the latest tweet by Dovey Wan — the Managing Director of Dhanua Capital, a California-based venture capital fund — the Chinese government authorities have […]

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