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China
Bitcoin Mining Appears to Have Survived Ban in China
China, once the world’s second largest crypto miner, has re-emerged as a major bitcoin mining hub despite last year’s ban. According to the Cambridge Centre for Alternative Finance (CCAF), miners have engaged in underground activity in the country.
Bitcoin Mining Appears to Have Survived Ban in China
From September 2021 to January of this year, China's contribution to the bitcoin mining network was second only to that of the U.S.
Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky
Janet Yellen cites Terra’s UST fiasco while warning over stablecoins. Crypto.com COO warns of tough times ahead for markets. Asian Games postponement, Covid-19 lockdowns affect China’s digital yuan rollout. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Survey: 9 Out of 10 Central Banks are Exploring CBDCs
According to a survey conducted in 2021 by the Bank for International Settlements, nine out of ten central banks globally are exploring central bank digital currencies (CBDC), with more than half of them currently developing the asset or running concrete experiments.
Global NFT Sales Rise; Hong Kong Embraces NFTs
Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies
Canaan has until May 25 to dispute its inclusion, which could eventually force its delisting from the Nasdaq.
Square Enix Sells Tomb Raider; US, China’s Crypto Fate
Algorand becomes 2022 FIFA World Cup’s new blockchain partner. Japan’s Square Enix sells Tomb Raider and other titles for blockchain ventures. Skybridge’s Anthony Scaramucci says the U.S. and China can’t ignore crypto. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Two Charged Over N Korea Sanctions; Crypto Market Falls
The U.S. charges two Europeans for helping North Korea evade sanctions with crypto. Blockchain technology comes to the forefront in recording Shanghai’s COVID-19 lockdown. Crypto market tumbles on concerns over Fed hikes and growth in China. These stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500
Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern.
Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps
BTC was roughly flat over the past 24 hours, compared with a 26% rally in DOGE.
