Chinese Billionaire, Zhao Dong, Says Get Bitcoin Now ‘While No One Really Cares’

Zhao Dong, Bitcoin billionaire and one of China’s biggest OTC traders, has taken to WeChat to opine on the industry. He predicts no thaw of crypto-winter this year, but says now is the best time to stock up and hodl. The Public Chain Alliance Crossing The Bulls And Bears Elite Team Dong made his comments in the […]

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China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management […]

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New Survey Finds 40% of Chinese Want To Invest In Bitcoin

A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to invest in bitcoin, despite the current bear market. Subject Knowledge The survey found that 98 percent of the respondents had heard of at least one concept related to cryptocurrency […]

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Study: Asia Has More Impact on Bitcoin Price Than America and Europe

With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States. However, new research suggests that Asia, and not the West, is the dominant driver of Bitcoin price and cryptocurrency markets. Western Focus Might be Misleading […]

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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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