Cryptocurrency Archives - Page 4 of 5

Can Web3 Gaming Weather the New Crypto Winter?

Amid mounting pressure to the wider economy, blockchain pioneers are confident in Web3-based gaming's ability to withstand another crypto winter.

Binance Suspends Direct Deposits and Withdrawals in Brazil

Global crypto exchange Binance has halted direct deposits and withdrawals in Brazilian reals via the payment system Pix after it terminated the partnership with the local payment gateway Capitual.

China NFT Weekly: Buy the Dip

This week: Animoca Brands acquires educational startup TinyTap, NFT platforms in China grow 5x in four months despite regulatory scrutiny, Yahoo to launch metaverse events for Hong Kong residents restricted by COVID measures, and more.

Cryptocurrency Arbitrage Platform Mosdex Raises $20M for Global Expansion

Finland-based cryptocurrency arbitrage platform Mosdex has raised $20 million in a Series A financing round, to be implemented for global expansion plans.

Crypto Firm BlockFi to Cut Headcount by 20%

Cryptocurrency firm BlockFi said on Monday that it would reduce its overall headcount by about 20% as it takes on a strategic review of its priorities amid difficult market conditions.

CFTC Charges Gemini Trust Company for False Statements and Omissions to the Commission

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.

Cryptocurrency Exchange KuCoin Raises $150M in Strategic Financing

Cryptocurrency trading platform KuCoin completed a round of financing totaling $150 million. The new investment was led by Jump Crypto, with additional participation from Circle Ventures, IDG Capital, and Matrix Partners.

Price of “Doge King” Cryptocurrency Rises 2,300% During Chinese New Year’s Gala

The price of Doge King soared by more than 2,300% in the early hours of Tuesday morning, likely triggered by a skit in the Chinese New Year's Gala held by state broadcasters the night before.

Xiaomi to Discontinue Blockchain Pet Cryptorabbit on March 1

The Cryptorabbit is a blockchain product launched by Chinese electronics giant Xiaomi in 2018.

Huobi Initiates Removal of Tens of Millions of Chinese Users, Internal Structure Greatly Adjusted

On December 14 and 15, the company will stop the currency filling and currency trading business of Chinese mainland users.

Cryptocurrency Exchange OKEx to Withdraw from Chinese Mainland Market

OKEX announced on Wednesday that it had shifted its core business to international markets since 2017 and stopped promoting and providing services to the mainland China market.

Alibaba to Block Sales of Cryptocurrency Mining Machine Beginning October 8

Alibaba’s international e-commerce website announced on Monday that it would ban the sale of cryptocurrency mining machine products from October 8.

Xiaomi Denies Authorizing Mi Store Portugal’s Acceptance of Cryptocurrency Payment

A spokesman for Chinese technology giant Xiaomi announced via Weibo on Friday that Mi Store Portugal's accepting cryptocurrency payment was not officially authorized.

China’s Bitcoin Miners Stumble amid Crypto Crackdown

From Inner Mongolia to Xinjiang and Yunnan, Chinese domestic Bitcoin miners have been expelled by ever tightening financial and environmental policies. Now that Sichuan is no more a haven, where to go?

Bitcoin Drops Sharply as China’s Crackdown on Crypto Mining Expands into Sichuan

The cryptocurrency market took a dive on Monday after China broadened its clampdown on cryptocurrency mining to the southwestern province of Sichuan.

China Blocks the Search of Several Crypto-Related Keywords, Intensifying Crackdown

China’s twitter-like social media platform Weibo and search engine Baidu have blocked a series of crypto-related keywords, as the government continues putting pressure on the cryptocurrency market.

China Aims to Become Global Leader in Blockchain by 2025 as Cryptocurrency Crackdown Widens

China’s top telecommunications and Internet regulators on Monday unveiled new guidelines aimed at transforming the country into a global leader in blockchain technology by 2025, as authorities continue to impose curbs on domestic cryptocurrency production.

Crypto Miners Huobi Mall and BTC.TOP Halt China Business Amid Heightened Regulatory Clampdown

Chinese cryptocurrency miners Huobi Mall and BTC.TOP announced on Sunday that they have suspended their operations on mainland China after the country escalated its crackdown on bitcoin mining and trading activities, contributing to a slump in the cryptocurrency markets.

Bitcoin Plunges After China Issues New Bans on Cryptocurrency Transactions

Prices of bitcoin and other cryptocurrencies tumbled on Wednesday after the Chinese government imposed fresh curbs on banks' use of digital money, further fueling concerns sparked by tweets of Tesla CEO Elon Musk.

NFTs See Budding Momentum in China’s Art Market, Yet Concerns Linger

The NFT craze has finally arrived in China, and the traditional art world is prepared to welcome an incredibly exciting and potentially explosive expansion.

Everything about China's Innovation