China

Damus mobile app banned in China
DeFi

Damus mobile app banned in China

Decentralized social network application Damus has been banned from operating in mainland China, over concerns that its app includes content…
China Reports GPU Price Fall To All-Time Low Post Ethereum Merge
Ethereum

China Reports GPU Price Fall To All-Time Low Post Ethereum Merge

The successful Ethereum upgrade to proof-of-stake consensus is receiving more backlashes from the market. Therefore, the Ethereum upgrade should produce…
Bitcoin Miners in China Defy Crypto Mining Ban, Now Ranked 2nd in BTC Hashrate
Bitcoin

Bitcoin Miners in China Defy Crypto Mining Ban, Now Ranked 2nd in BTC Hashrate

Summary: Bitcoin miners based in China now control 21.1% of BTC’s hashrate. China is now ranked second in Bitcoin’s hashrate,…
New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate
Bitcoin

New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate

China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from…
U.S. Is Winning Bitcoin Mining Race But China Still Not Out Of Picture: Report
Bitcoin

U.S. Is Winning Bitcoin Mining Race But China Still Not Out Of Picture: Report

China’s underground Bitcoin mining hashrate contributes 22% to global mining hashrate as it increases by 3% in the three months…
Luna Trading Draws Online Discussions in China Despite Crypto Ban
Blockchain

Luna Trading Draws Online Discussions in China Despite Crypto Ban

As the ever-evolving cryptocurrency is gaining global attraction the value of some of the world’s most prevailing digital currencies and…
Tsinghua University Opens First Metaverse Lab in China
Blockchain

Tsinghua University Opens First Metaverse Lab in China

Tsinghua University has launched China’s first metaverse laboratory, dedicated to studying the growth and expansion of the new digital industry…
Bitcoin Mining More Damaging To The Environment After China Ban, Study Says
Bitcoin

Bitcoin Mining More Damaging To The Environment After China Ban, Study Says

The China bitcoin mining ban that took place mid-last year was no doubt a heavy blow to the space. It…
At Winter Olympics, China Showcases The World It’s Own Cryptocurrency, Digital Yuan
Bitcoin

At Winter Olympics, China Showcases The World It’s Own Cryptocurrency, Digital Yuan

China is pulling all plugs to make its CBDC digital Yuan popular. The e-CNY is one of the three forms…
US Must Modernize with Blockchain & Crypto or Lose the Race to China: CryptoDad
Bitcoin

US Must Modernize with Blockchain & Crypto or Lose the Race to China: CryptoDad

Former chairman of the U.S. Commodity Futures Trading Commissions, Christopher Giancarlo, said that the U.S. is falling behind China’s technology…
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