カテゴリー: chinese

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

Trump Tariffs to Impact Chinese Mining Hardware ManufacturersThe escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech Neutral’ Cryptocurrency Regulations  Harsh Hardware Duties In June, the Office of the United […]

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Cobo Raises $13M in Series A Funding Round

Chinese Cryptocurrency Wallet Cobo Raises $13 Million in Series A FundingChinese startup Cobo raised $13 million this week in a Series A financing round led by DHVC and Wu Capital. The Beijing-based company — established by Bihang wallet developer Changhao Jiang and Shixing “Discus Fish” Mao, the co-founder of F2Pool — said it will use the funds to support the international expansion of its two […]

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PR: Bithumb to Hold Special Promotion for New Registered Foreign Users

Bithumb to Hold Special Promotion for New Registered Foreign UsersBithumb to Hold ‘Special Promotion’ for New Registered Foreign Users

Provide benefits for KRW 20 Million transactions with new registration during event period

Bithumb, a global cryptocurrency exchange will offer a new registration event to global users who newly join and start making cryptocurrency tranactions.

Bithumb is planning to hold a ‘New Registration Event’ for overseas users from October 15 to November 14, 2018 (GMT +9) Korean Standard Time. The event is for overseas users who have signed up for the Bithumb and completed transactions over KRW 20 Million (Approx. USD 17,490, Bithumb cash standard). The users who are satisfied with above conditions are expecting to receive benefits of 20,000 Bithumb cash after the event period.

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BTCC Launching Cryptocurrency Exchange in South Korea

BTCC Launching Cryptocurrency Exchange in South KoreaHong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTCC Expanding Into South […]

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Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network

Study Argues Chinese Mining Centralization Poses Threat to Bitcoin NetworkA joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the mining network. Also Read: Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders  Researchers Argue China is the “Most […]

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The Daily: Whales Join China’s Richest Ranks, Seniors Take a Swing at Bitcoin

The Daily: Whales Join China’s Richest Ranks, Seniors Take a Swing at BitcoinIn today’s edition of The Daily, we look at the cryptocurrency entrepreneurs who now rank among the richest people in China, the limited return to operations of 1Broker, and a rather amusing attempt to explain Bitcoin to older folks by the AARP. Also Read: London’s LBX Launches Solution for Bank-Shunned Crypto Companies China’s Wealthiest Whales […]

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Mobile SMS Bitcoin Cash Wallet Cointext Expands to Asia

Mobile SMS Bitcoin Cash Wallet Cointext Expands to AsiaHong Kong is the first country in Asia to officially be connected by Cointext, a service which enables anyone to send money to mobile phone numbers or Bitcoin Cash addresses without Internet, apps, or accounts. In addition to residents of the Chinese autonomous territory, Israelis and Palestinians also now have access to the service. Also […]

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Northern Bitcoin, Rawpool Sign Wallet and Mining Deal

Bitcoin Cash Miner Rawpool Agrees Wallet, Mining Deal With German's Northern BitcoinGermany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent […]

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Blockstream’s Liquid Network Could Be Vulnerable to Hardware Backdoors

Blockstream’s Liquid Network Could Be Vulnerable to Hardware BackdoorsBitcoin technology company Blockstream has conceded its flagship Liquid Network could be susceptible to hardware vulnerabilities. Following recent disclosures that certain Chinese-manufactured motherboards contain backdoors, Blockstream has authored a post conceding that such an exploit could allow an attacker to infiltrate their off-chain bitcoin transfer system. Also read: Bitcoin Cash Developers Launch Chrome Extension Badgerwallet.cash Hardware […]

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The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to Miners

The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to MinersCryptocurrency exchange Coinsquare has reached a partnership agreement with a major Canadian bank and we’ve covered the announcement in The Daily. Also in Canada, a large bitcoin farm may be cut off from the grid by a mayor concerned about electricity consumption, and elections in Québec are likely to change the game for mining companies. […]

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