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Latest from Wolfie Zhao
Founder of Bitmain Rival MicroBT Arrested for Alleged Embezzlement
The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain's market dominance.
China's SEC May Soon Have a Crypto-Savvy Department Chief: Report
China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau.
Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump
Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving.
China's Internet Firewall Has Blocked Access to Ethereum Block Explorer Etherscan.io
China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of ethereum blockchain data.
Little-Known Crypto Exchange With Ties to a Shanghai Firm Halts Services, Says CEO 'Missing'
IDAX says its unnamed "global CEO has gone missing" and asked customers to stop using its services.
Crypto Exchange Upbit Confirms Theft of $49M in Ether
342,000 ether have been taken from the wallets of South Korean crypto exchange Upbit, the firm's CEO says.
Crypto Market's Overreaction to Xi's Blockchain Remark Prompts Tougher Crackdown
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China.
Singapore Proposes Allowing Bitcoin, Ether Derivatives Trading on Approved Exchanges
The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, may soon allow cryptocurrency-based derivatives to be traded on regulated platforms.
China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns
China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector.
Bitcoin Miner Maker Canaan Sets $100 Million Target for US IPO
Canaan, the world's second-largest bitcoin miner maker, is aiming to raise $100 million with its initial public offering.
