China

Crypto Miners Present EU Regulators With A Problem

5 months ago kakp2 Comments Off on Crypto Miners Present EU Regulators With A Problem
Regulators in the EU cannot ban crypto mining, because nothing about it is really illegal, even though there are growing concerns over the high power consumption. Officials fear that power consumption at such high levels will increase costs across the board and affect the environment. EU Commission expresses concerns about mining-related power consumption Last week, Read More

Qtum Aims to Make Southeast Asia the Silicon Valley of the Blockchain Space

5 months ago kakp2 Comments Off on Qtum Aims to Make Southeast Asia the Silicon Valley of the Blockchain Space
Southeast Asia is arguably the most dynamic part of the world economy – the region has to some extent become the workshop of the world. It is not surprising therefore to find its companies at the forefront of developments in the cryptocurrency sector. One of the rising stars of the industry is Qtum, based in Read More

Traders Eye Feds as Mixed Developments on Asian Stocks Start

5 months ago kakp2 Comments Off on Traders Eye Feds as Mixed Developments on Asian Stocks Start
Asian values exchanged blended and money markets were curbed toward the beginning of seven days that is probably going to be commanded by the Federal Reserve’s strategy meeting. Stock benchmarks prodded down in Japan and Korea and rose in Australia, while flagged fates picked up in Hong Kong. Financial specialists are evaluating the ramifications of Read More

BTC Falls Below $8,000 Again After Week Of Mixed Signals

5 months ago kakp2 Comments Off on BTC Falls Below $8,000 Again After Week Of Mixed Signals
Bitcoin (BTC) has fallen back below $8,000, as the crypto markets continue to slump in the wake of a week of mixed crypto news, ranging from the FUD fallout caused by the upcoming Google crypto ad ban to several wins for Blockchain adoption seen in China and Canada. BTC is currently trading at around $7,729, Read More

Remittance Market Still the Target of Asian Bitcoin Companies

5 months ago kakp2 Comments Off on Remittance Market Still the Target of Asian Bitcoin Companies
Hong Kong/Seoul – Bitcoin, battered by notices about instability and bubble-like consideration, may have figured out how to assume a specialty part in a major market: abroad cash exchanges. Utilized as an exchange component instead of a cash, bitcoin evades banks’ exchange charges. New businesses, for example, Bitspark in Hong Kong, and Bloom, Payphil, coins.ph Read More

Russia Now Encouraging Crypto Miners Again

5 months ago kakp2 Comments Off on Russia Now Encouraging Crypto Miners Again
Despite a lack of regulation on cryptocurrencies and markets in Russia, leaders court crypto miners with a variety of incentives. The entire country seems to be ripe for crypto setups to emerge and, not unsurprisingly, many proposed sites for crypto farms are military strongholds. Putin himself says that allowing the crypto market to develop without Read More

Chinese Retail Giant To Use Blockchain To Track Beef, Prove Food Safety

5 months ago kakp2 Comments Off on Chinese Retail Giant To Use Blockchain To Track Beef, Prove Food Safety
The Chinese e-commerce giant JD.com is implementing Blockchain to track the supply chain of its meat sales, Business Insider reports on March 3. JD said that customers will be able to monitor their meat from the farm in Australia where it was raised, all the way to their doorstep. When the system becomes operational later Read More

China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds

6 months ago kakp2 Comments Off on China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds
Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23. CNBC writes that according to a report published Feb. 21 from investment research company Bernstein, the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in Read More

A Taiwanese democracy activist is sent to prison in China for his social media activity

9 months ago adcity Comments Off on A Taiwanese democracy activist is sent to prison in China for his social media activity
A Chinese court today (Nov. 28) sentenced Taiwanese human-rights activist Lee Ming-che to five years in prison on charges of subverting state power, an unsurprising end to what critics have called another sham trial in China. Lee, 42, who worked for organizations advocating democracy and human rights in Taiwan, went on trial in Hunan province Read More

Beijing is evicting its migrants and displacing its e-commerce couriers

9 months ago adcity Comments Off on Beijing is evicting its migrants and displacing its e-commerce couriers
Countless Beijing residents are being forced out of their homes, as the city’s government embarks on a 40-day campaign to demolish “illegal structures” following a deadly fire on Nov. 18 which killed mostly migrant workers. Over the weekend, many migrant workers abandoned their homes in Beijing to seek temporary accommodation in the city as they Read More