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    Home » China

    China News and Updates

    Recent China News

    SOS Limited Stock Price Jumps 200% as Company Receives 5,000 Crypto Mining Rigs

    SOS Limited Stock Price Jumps 200% as Company Receives 5,000 Crypto Mining Rigs

    Feb 17, 2021 12:25 Jordan Lyanchev

    Upon receiving 5,000 crypto mining rigs and getting an endorsement from Shark Tank's Kevin O'Leary, SOS Limited's stock prices have

    Read More »
    Bitmain Saga Over: Jihan Wu Steps Down as CEO

    Bitmain Saga Over: Jihan Wu Steps Down as CEO

    Jan 26, 2021 16:35 Anthonia Isichei

    After a few years of legal disputes and other clashes, the Bitmain executive saga is finally over. Jihan Wu has

    Read More »
    China to Give Away $4.6M in Digital Yuan as the Country Furthers CBDC Trials

    China to Give Away $4.6M in Digital Yuan as the Country Furthers CBDC Trials

    Jan 25, 2021 16:29 Zhelyazko Zhelyazkov

    Residents of Chengdu will receive $4.6 million in the form of the Chinese CBDC to spend as the country doubles-down

    Read More »
    NASDAQ-Listed Bitcoin Mining Company Faces Lawsuit on Defrauding Investors

    NASDAQ-Listed Bitcoin Mining Company Faces Lawsuit on Defrauding Investors

    Jan 24, 2021 12:02 Zhelyazko Zhelyazkov

    The BTC mining company said it operates 22,869 bitcoin miners in China. Allegations stated it had deceived clients who made

    Read More »
    90% Of Large Bitcoin Trades Comes From China: Report

    90% Of Large Bitcoin Trades Comes From China: Report

    Jan 23, 2021 13:00 Jordan Lyanchev

    42% of the market capitalization the of top 20 tokens with headquarters is situated in Asia as the continent's dominance

    Read More »
    China’s Blockchain Attempt BSN to Reportedly Integrate CBDCs This Year

    China’s Blockchain Attempt BSN to Reportedly Integrate CBDCs This Year

    Jan 17, 2021 11:16 Zhelyazko Zhelyazkov

    BSN’s new project will be focusing on the building of a universal digital payment network on its path to a

    Read More »
    Giant Chinese Online Retailer JD.com To Enable Purchases With The Digital Yuan

    Giant Chinese Online Retailer JD.com To Enable Purchases With The Digital Yuan

    Dec 6, 2020 11:06 Jordan Lyanchev

    The development of the Chinese CBDC continues as the second-largest online retailer in the country has agreed to be the

    Read More »
    PlusToken Crypto Scammers Slammed With 11-Year Jail Sentence

    PlusToken Crypto Scammers Slammed With 11-Year Jail Sentence

    Dec 1, 2020 23:59 Anthonia Isichei

    Members of the PlusToken Ponzi scheme were slammed with 11 years of jail time by Chinese authorities.

    Read More »
    Canaan Sees Over 75% Decline in Net Revenue in Q3 as Bitcoin’s Price Surge

    Canaan Sees Over 75% Decline in Net Revenue in Q3 as Bitcoin’s Price Surge

    Nov 30, 2020 22:30 Anthonia Isichei

    Bitcoin mining rig manufacturer Canaan has reported a 75% year-over-year decline for Q3 of 2020 as BTC price continues to

    Read More »
    US Spy Chief Reportedly Worried About China’s Crypto Dominance

    US Spy Chief Reportedly Worried About China’s Crypto Dominance

    Nov 25, 2020 23:00 Anthonia Isichei

    The U.S. Director of National Intelligence, John Radcliffe, has reportedly expressed concerns about China's strong focus on cryptocurrency.

    Read More »
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