According to China Star Market, sources say Chinese custom bitmining chipmaker Bitmain ordered job cuts at the end of 2019 to stem losses. The cuts focused on its AI business.
TagBitcoin
One day after TRON CEO Justin Sun’s account on Weibo was shut down on December 12, his newly opened account named Teacher Justin Sun was blocked again.
It is reported that Canaan has set the issuing price at the lower end of the price range, raising a total of $90 million.
Cryptocurrency entrepreneur Justin Sun bid a record $4.57 million for lunch with the legendary American investor Warren Buffet.
On the evening of Sept. 26, Bitmain has officially submitted its listing documents to the Hong Kong Stock Exchange, with China International Capital Corporation as the exclusive underwriter.
Binance, a major cryptocurrency exchange, announced the purchase of Trust Wallet on July 31. This is Binance's first acquisition and the aim is to add an on-chain mobile wallet to its list of services with other integration possibilities in the future.
In the first half of 2018, China's fin-tech enterprises raised around 230 billion yuan ($35 billion), over 80 percent of the global total, and three giants took more than half of the amount fundraised in China.
As a TechBuzz China listener, you must be at least a little bit crypto-curious. This week on TechBuzz China, we talk in-depth about Bitmain, the most valuable company in the cryptocurrency space that happens to be from China.
Canaan Inc., a Chinese bitcoin mining company, applied to list on Hong Kong Stock Exchange on May 15.
Currently there is no hotter topic than blockchain in China where “3AM Sleepless Blockchain Communities” are rumoured to thrive. What is blockchain you ask? It is a technology developed to keep track of Bitcoin transactions whose usage have expanded with its popularity.
On the morning of March 9, a press conference was held at the first session of China’s 13th National People’s Congress (NPC). Xiaochuan Zhou, the governor of the People's Bank of China, answered questions about Bitcoin and initial coin offerings (ICO).
Bitcoin China (BTCC), the world's oldest Bitcoin exchange platform and the first and the largest digital currency exchange in China, announced it was purchased by a Hong Kong block chain fund on January 29.
The People's Bank of China (PBOC) is reported to have held a closed-door meeting about closing Bitcoin mines on January 3. Tencent learned from two insiders that the closed-door meeting would not require all Bitcoin mines to shut down, but it would regulate some non-standard mines.
2017 is coming to an end and it's time to sum it up. Every year, countless products emerge, occur, change and die. Along with the growth of the Internet, we reviewed ten Internet trends of 2017.
Today, China's National Day golden week has become a global golden week. Data estimate that more than six million Chinese travel overseas during this year's National Day holiday. With the steps of Chinese tourists, many foreign merchants have started to use China's advanced mobile payment methods. If there is no Alipay or WeChat payment, the…