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Bitcoin Hashrate Declining Amid China Crackdown

The bitcoin hashrate tumbles amid more crypto mining operations in China shutting down. The country’s Qinghai province is the latest to announce a new crypto ban, following Xinjiang and inner Mongolia. Darin Feinstein of Blockcap, one of North America’s largest miners, weighs in.

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Відео

Bitcoin Hashrate Plunging Amid China Crackdown

The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners. Christine Lee breaks down the data in today’s Chart of the Day.

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El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender

CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains the significance and potential ripple effect of El Salvador officially adopting bitcoin as legal tender. Plus, a look at the U.S. Senate approving a $250 billion bipartisan technology and manufacturing bill to counter China on technological advancement.

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Les services Internet chinois censurent les mots-clés liés à Binance, Huobi et OKEx

Cette décision intervient alors que les autorités chinoises ont accru la pression sur l’extraction et le commerce de Crypto .

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Відео

India Crypto Feud Continues; Korea Mining Thief Busted

India’s crypto industry takes matters into its own hands. Canaan offers service in Kazakhstan as miners flee China, and a crypto thief in Seoul is busted. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Le Bitcoin subit sa plus forte baisse en 10 jours alors que la Juridique monétaire américaine provoque des « inquiétudes à court terme »

Le Bitcoin poursuit sa descente au milieu des rumeurs selon lesquelles la Réserve fédérale américaine réduirait progressivement ses mesures de relance économique et de la pression continue de la Chine sur les mineurs de Crypto .

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Chinese Social Media Bans Crypto Accounts; Seoul Tightens Rules on Crypto Trading

Dozens of Weibo crypto accounts were banned over flouting platform guidelines and laws. Executives and employees of SK crypto exchanges were barred from trading on their platforms. A Chinese chipmaker launches chip that supports ETC and ETH mining. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Hong Kong’s Bitcoin Meetup Ahead of Bitcoin 2021; Banksy Work Offered for Crypto

Hong Kong holds a Bitcoin gathering ahead of Bitcoin Conference 2021 in Miami. State-backed Copyright Society of China launches new blockchain service. Auction house accepts ETH and BTC for physical Banksy art piece. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of The Daily Forkast, June 4.

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Biden Bans American Investment in 59 Chinese Firms

U.S. President Joe Biden signed an executive order today banning Americans from investing in 59 Chinese firms with ties to the military. Bitcoin mining engineer Brandon Arvanaghi shares his view on how the rising economic tensions between the two countries could impact bitcoin innovation.

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