China
China’s Zhejiang Busts GPU Mining Operation in Public Facilities
Bitoin mining has borne the brunt of China’s crackdown so far.
Bitcoin Mining After the China Ban: US Dominance Is Set to Continue
China has “missed the ball” as geopolitical certainty and access to cheap power and infrastructure will enable the U.S. to take more bitcoin mining market share.
BSN to Integrate CBDC-Focused Cypherium Blockchain
Cypherium joins Ethereum, Hyperledger Fabric, Tezos and Solana, among others.
US Claims Bitcoin Mining Crown Following China Crackdown
China’s share has effectively dropped to zero, according to the Cambridge Centre for Alternative Finance.
US Becomes the New Bitcoin Mining King Following China Crackdown
According to the Cambridge Centre for Alternative Finance (CCAF), the U.S. has become the world’s leader in bitcoin mining following China’s renewed crypto industry crackdown, accounting for 35.4% of the global hashrate as of the end of August, more than doubling from 16.8% at the end of April.
Stronghold Digital Sets IPO Price at $16-$18 a Share
Stronghold Digital, a bitcoin mining firm that converts coal waste into power for its operations, plans to raise $94 million and $106 million in an IPO. According to a filing with the SEC, it plans to sell about 5.9 million shares at $16-$18 per share for acquisitions of mining rigs and power-generating assets.
Police in China’s Zunyi City Bust a $124M Money Laundering Scam
Authorities were on the case for two months, following a directive from the country’s State Council.
WeChat Appears to Censor Binance and Huobi Searches
The move comes after China’s top regulators called for more scrutiny of crypto information providers.
Binance to Delist Chinese Yuan Trading From C2C Platform
The crypto exchange will also run “inventory” to make sure none of its users are from mainland China.
China Wants to Ban Private Capital Involvement in Media, Publishing, Online Platforms
The Chinese Communist Party (CCP) has reportedly laid out plans to ban any private-sector involvement in media, publishing and online platforms. "The Hash" panel discusses the latest move signaling the CCP's tightening control over its economy and what it could mean for the state of crypto affairs in the country.
