OKCoin’s founder Star Xu wasn’t arrested, but was assisting police in Shanghai over a bitcoin futures dispute, reports clarify. This article is originally written and posted on https://www.coindesk.com/okcoins-star-xu-questioned-as-police-investigate-bitcoin-futures-allegations/.  Visit https://www.coindesk.com/ today…

Continue Reading

WeChat has just blocked an official sales channel for Bitmain miners, along with several accounts that analyse the crypto markets. This article is originally written and posted on https://www.coindesk.com/wechat-now-censoring-bitmain-and-crypto-price-prediction-accounts/.  Visit https://www.coindesk.com/…

Continue Reading

Bitmain said that DST Global invested in the company when it didn’t. A disgruntled investor wants to take Bitmain to court over the false claim. This article is originally written…

Continue Reading

A special economic zone in Guangzhou is following the lead of Beijing’s financial district in banning activities that promote cryptocurrencies. This article is originally written and posted on https://www.coindesk.com/chinese-tech-hub-follows-beijing-with-ban-on-crypto-promotion/.  Visit https://www.coindesk.com/…

Continue Reading

Report: Huobi Acquires Controlling Share in Investment Company via Backdoor Listing Chinese cryptocurrency exchange Huobi has reportedly acquired the controlling stock interest in Hong Kong-based Pantronics Holdings Ltd. through a backdoor listing deal, local…

Continue Reading

The crypto market made a cautious move upwards this week, even as regulators sought ways to correctly address this nascent, yet controversial industry. SEC Denies 9 Bitcoin ETF Applications… Or…

Continue Reading

I recently created a thread that on Twitter regarding the lower-bound estimates for how much electricity the Bitcoin blockchain consumed using publicly available numbers. The first part of this post…

Continue Reading

WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies. This article is originally written and posted on https://www.coindesk.com/wechat-alipay-to-block-crypto-transactions-on-payment-platforms/.  Visit https://www.coindesk.com/…

Continue Reading

China: Central Bank, Gov’t Caution Public Over Fake Cryptocurrency Schemes Multiple Chinese authorities issued a stark warning about illegal fundraising attempts claiming affiliation with the cryptocurrency industry in a bulletin Friday, August 24. Sounding the alarm…

Continue Reading