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China
Can Taiwan Become Asia’s Crypto Haven? Not Yet
As China cracks down on the crypto field, Taiwan could be an alternative destination for crypto entities but can crypto thrive in Taiwan?
China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System
Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.
What Didi’s Downfall Means for Web 3.0
Just days after Chinese ride-hailing firm Didi completed its U.S. initial public offering (IPO), Chinese regulators ordered its app be removed from the app stores, citing data security concerns. "The Hash" team examines Didi's downfall, what it means for web 3.0, and the global implications of China's tightening oversight of data security and overseas listings.
China's Crackdown Is Forcing Miners to Dump GPUs on Secondhand Market: Report
The number of listings on China's most prominent marketplace apps has increased in the last month and a half.
Didi's Downfall and the Case for Web 3.0
Chinese autocracy cut off the ride-hailing giant at the knees. But tech centralization leaves tech companies worldwide just as vulnerable.
Valkyrie CIO and Co-founder Steven McClurg: Bitcoin in Rangebound Until End of Summer
Bitcoin was holding support around $33K Tuesday and is down about 5% over the past week. The cryptocurrency had a choppy trading session during Asia hours and is stuck in a tight range since June. Valkyrie CIO and co-founder Steven McClurg discusses the outlook for bitcoin and whether it will break out soon. "I definitely see us stuck here over the summer," he said, commenting on bitcoin's trajectory. Plus, why McClurg says he thinks inflation is not transitory and the impact of China's crypto crackdowns on bitcoin's price and hashrate.
China Bans Ride-Hailing App Didi After US Listing, Citing Data Security Concerns
Bumpy ride ahead? Chinese regulators are now ordering the country's largest ride-hailing app Didi to be removed from app stores, citing data security concerns. This comes just days after it made the second largest U.S. initial public offering for a Chinese firm. "The Hash" hosts dig into the clampdown on Didi as part of a larger conversation about the Chinese government's power play over privacy, data security and national security on crypto and big tech.
IBC Group Moves Out of China, Pavilions Hotels to Accept Crypto
IBC Group to end Bitcoin and Ethereum mining in China. The Pavilions Hotels and Resorts to accept crypto. Blockchain leads to rise of crypto natives. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How Bitcoin’s Hashrates Affect Its Price
Crypto miners in China are migrating elsewhere in response to the country’s continued crackdowns. CrossTower Research Analyst Martin Gaspar discusses the impact of bitcoin’s hashrate on its price and why this matters. “Bitcoin’s price and hashrate have been very correlated over time… so they tend to move with each other,” Gaspar said.
