In response to withdrawal difficulties faced by many of its users, Kevin Pan, the founder and CEO of global crypto mining pool Poolin, recently said that the situation has been caused by a lack of liquidity, and that funds are safe.
Bitcoin's market cap now stands at $379.39 billion, down 7.52% in the past seven days and overtaken by Chinese tech giant Tencent, as its price continues to fall, according to 8MarketCap.
Moxian, a Nasdaq-listed company engaged in bitcoin mining and related services in the United States, announced on August 15 that its wholly-owned subsidiary has transferred all equity interest of Moxian (Hong Kong) Limited to Liu Jiantao, a resident of China.
Amid mounting pressure to the wider economy, blockchain pioneers are confident in Web3-based gaming's ability to withstand another crypto winter.
Leading cryptocurrency exchange firm Gemini will stop providing free crypto withdrawals starting June 15, according to an email sent to the platform'a users.
This week: Alibaba's cloud computing unit launches NFT services, Hong Kong securities regulators to tighten rules around NFT-based collective investment schemes, global NFT sales drop as investors continue to pour money into the sector, and more.
The Commodity Futures Trading Commission (CFTC) on June 2 announced it has filed a complaint against Gemini Trust Company, LLC, for making false or misleading statements of material facts or omitting to state material facts to the CFTC.
This week: Tencent's gaming phone brand acquisition falls through as Beijing ramps up metaverse scrutiny, Animoca Brands to make foray into education, crypto sell-off trending on Chinese social media despite crypto ban, and more.
This week: Chinese startup Nreal to launch AR glasses in the UK this spring, "Voices of April" NFTs highlight Shanghai residents' struggles with harsh lockdown rules, and more.
Three Chinese state associations issued a joint initiative on Wednesday for curbing the financialization and securitization of NFTs, and for preventing the risk of illegal financial activities.
According to data gathered by reporters at Securities Daily, as of October 7, over 20 virtual currency-related enterprises have announced that they would completely withdraw from the Chinese market.
Alibaba’s international e-commerce website announced on Monday that it would ban the sale of cryptocurrency mining machine products from October 8.
Huobi Global has decided to discontinue account registration for new users in Chinese mainland since September 24, and will gradually retire existing user accounts in the region by 24:00 (UTC+8) on December 31.
Meitu, a Chinese smartphone maker and owner of a popular photo retouching app, announced on Tuesday that it lost $17.3 million in bitcoin due to a nosedive in its value. However, the Xiamen-based company has not expressed plans to sell the cryptocurrency in the short term. Based on their prices as of June 30th, the […]
The cryptocurrency market took a dive on Monday after China broadened its clampdown on cryptocurrency mining to the southwestern province of Sichuan.