World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC.
The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms.
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum are properties protected by law. Inherited Cryptocurrencies Protected by Law The third session of […]
The post China Passes Law Protecting Cryptocurrency Inheritance appeared first on Bitcoin News.
The biggest port operator in China joined the e-commerce giant and Ant Financial to strengthen blockchain’s adoption across the port industry.
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing […]
The post Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash appeared first on Bitcoin News.
As the official TON team transfers the TON development to “free source community,” the Chinese TON Community launches their own TON network.
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open to manipulation by central banks CBDCs are merely digital versions […]
Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China.
Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech.
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project.