China Archives | Crypto Breaking News

U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam

Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32.5…

2 days ago

China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices

Shenzhen, a major city in the Guangdong Province and the first economic special zone in China, will use blockchain technology…

4 days ago

Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions

Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet…

6 days ago

Chinese Central Bank Governor Defines STOs as ‘Illegal Financial Activity in China’

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the…

7 days ago

Chinese Internet Court Uses Blockchain to Protect Online Writer’s Intellectual Property

An Internet Court in Hangzhou, Eastern China, has turned to blockchain to fight piracy at the expense of online writers,…

1 week ago

Blockchain Policy Development in China Concentrated in Three Cities

Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy…

1 week ago

Report: More Chinese Miners Selling Short Following Crypto Market Slump

Chinese miners are reportedly becoming the biggest short sellers both locally and internationally, following an increased number of hedging operations…

1 week ago