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China
Ping An Trials E-CNY; Core Scientific to Go Public
China’s Ping An insurance joins trials of the digital yuan. Crypto miner Core Scientific to go public. China tries out a blockchain-enabled shipping cargo release system. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China’s Digital Inequality Dilemma: Open-Source Innovation vs. Control
A new report reveals at least one underreported goal of China's ongoing crackdown on big tech firms is “to reduce inequality and promote what the party calls ‘collective prosperity," but this is a paradox because China is far from adopting decentralized blockchain-based structures, which could solve the problem. "I don't think this is about equality at all," host Naomi Brockwell said. "[China is] specifically targeting people that are getting threatening to the government... it's all about control."
Russian Industry Association Works to Attract Crypto Mining
The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (RACIB) is working with local authorities and state-owned enterprises to attract crypto mining firms to the country as they migrate away from China. "The Hash" hosts discuss bitcoin miners breaking new ground in Russia and neighboring Kazakhstan and the implications for the wider mining community.
Biden Administration Accuses Chinese Hackers of Conducting Ransomware, Cryptojacking Attacks
U.S. President Joe Biden is accusing the Chinese government of supporting cyberattacks, including ransomware, cryptojacking, digital extortion, and theft. CoinDesk's Nikhilesh De discusses the allegations as the White House ramps up its anti-ransomware efforts. Plus, his take on the U.S. Presidential Advisory Group's meeting on stablecoins Monday.
E-CNY White Paper Released, Malaysia Steamrolls Mining Rigs
China releases white paper on E-CNY. Bitcoin mining difficulty falls for the fourth time in a row. Malaysian police steamroll seized crypto mining rigs. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
South China Morning Post acuñará registros históricos como NFT
El SCMP presentó su estándar ARTIFACT para registrar cuentas y activos históricos en la cadena de bloques como NFT.
Bitcoin Interest Declines, Rolling Stone Gets Into NFTs
China clampdown hits crypto media aggregator. Bitcoin interest declines. Rolling Stone magazine gets into NFTs. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
State of Bitcoin Mining in China as Crackdown Continues
Kevin Zhang, Foundry VP of Business Development, explains the history of China’s crackdowns on cryptocurrencies and mining operations from 2017 to where we are now. “The most recent crackdowns are the hardest we’ve ever seen,” Zhang said miners are headed to Eastern European and Central Asia. But could they return?
Brian Brooks on Binance's Global Regulatory Warnings
Amid global regulatory pressures against Binance, Brian Brooks, CEO of Binance.US, responds to whether this is a coordinated effort by regulators or something closer to a domino effect. "I think it's interesting how much attention Binance gets versus other exchanges," Brooks said, noting the intensifying regulatory scrutiny. Plus, new high-profile hires, U.S. risks for operating Binance.US, crypto regulation, stablecoins, and how China's crypto crackdowns impact the global crypto markets.
Why China’s Crypto Mining Ban Is More Serious Than Before
Industry leaders say China's carbon neutrality policy is a key factor in the recent mining crackdowns, according to CoinDesk's David Pan. "The Hash" hosts discuss the deeper motivations for China's ban on crypto mining. "Fear factor definitely has a play in how hard they're clamping down on [mining]," host Naomi Brockwell said.