Tag: China

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Posted in Crypto Update

China proposes to bring its social credit system to the metaverse: Report

China is reportedly looking to implement a system akin to its social credit system, but in the…

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Posted in Crypto Update

China facing deflation may be bad news for Bitcoin

On the latest episode of Macro Markets, analyst Marcel Pechman explains the impacts of the United States…

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Posted in Crypto Update

Mining service provider faces $100M lawsuit over pyramid scheme allegations in China

Five executives from a Filecoin mining service are facing a lawsuit at the People’s Court of Pingan…

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Posted in Crypto Update

US and China AI-tech standoff shows signs of spreading to other countries

The emergence of high-level artificial intelligence (AI) technology has caused the United States and China to safeguard…

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Posted in Crypto Update

Huobi’s TVL drops to $2.5B amid rumors of insolvency, investigations in China

Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its…

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Posted in Crypto Update

Binance denies reports of $90 billion in crypto trades in China

Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, even conducting billions of…