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China
Bitcoin 30% Away From April Peak; Is It Overbought?
Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why the price run could reflect the industry reacting positively to the crypto regulatory conversations emerging from Congress. Plus, her take on the impact of China's crypto crackdowns versus U.S. regulatory scrutiny and DeFi risks.
Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets
Once the world's largest bitcoin mining hub, China has been cracking down on crypto mining in recent months. On Wednesday, its central government issued a five-year plan that calls for even stricter regulation across tech industries. Still, this continued push to rein in tech goes far beyond crypto and has led global investors to reconsider their exposure to China. "The Hash" hosts discuss the potential repercussions for business operations in China and the future of the crypto industry.
Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets
China's tech crackdown extends far beyond crypto.
Largest Hack in DeFi History, ADA Hits Two-Month High
Poly Network suffers the largest hack in DeFi history. Small and mid-sized miners suffer in China exodus, and Cardano’s ADA hits a two-month high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Alipay Adds Cooldown Feature on NFTs to Curb Speculation
China's second-most popular payments app doesn't want users to engage in speculation with NFTs.
Poly Network Prepares for Hacker to Return Millions in Stolen Crypto
The hacker who stole potentially $600 million from Poly Network asked for a multisig wallet to return the funds.
Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost
DeFi platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto.
China Continues E-CNY Pilot, Google Allows Crypto Advertising
China’s e-CNY trials continue. Google allows crypto advertising back, and Oscar Mayer rolls out “hot doge” sale. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Chinese Crypto Traders Remain Confident in Binance Despite Regulatory Woes
Traders in China appear to be more concerned about the future of Huobi and OKEx.
Hong Kong Crypto Crime Surges, Tencent Launches NFT Platform
Crypto-related crimes surge to record levels in Hong Kong. Australia’s Afterpay to be acquired by Square. Chinese tech giant Tencent launches an NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."