Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners ...
As we accelerate into an all-electric, all-digital age, the ultimate representation of productive capacity becomes the ...
China is pulling in 14% of global Bitcoin mining power, despite its own ban still being on paper. That’s what’s playing out ...
The resurgence in bitcoin mining could act as a demand and price support for the world’s largest cryptocurrency.
CryptoQuant estimated that 15%-20% of global bitcoin mining capacity currently operates in China. After having seen its global bitcoin mining market share slump to zero as a result of the ban, China ...
Underground mining activity in energy-rich Xinjiang drives the rebound as Beijing shows signs of softening its stance on digital assets.
American prosecutors say former Olympic snowboarder used ‘sophisticated Tether network’ to move money through intermediary ...
A sharp reversal in sentiment, macroeconomic jitters and heavy liquidations wiped $1.2 trillion from crypto markets, dragging ...
Now Chinese underground organisations are taking over one of the world’s biggest illicit industries—the international ...
Although four years ago China imposed a strict ban on cryptocurrency trading and mining, the situation seems to be slowly ...
KARACHI: The country has lost an estimated $600 million to illegal crypto transactions, a development that has sharply reduced the flow of dollars into the banking system as people buy dollars from ...