China Crypto Crackdown 2.0: Alibaba Stops Sales of Mining Equipment
September 28, 2021
Alibaba announces it will stop the sales of cryptocurrency mining equipment. This is the latest move from China’s e-commerce giant as the latest ban expands
Alibaba announces it will stop the sales of cryptocurrency mining equipment. This is the latest move from China’s e-commerce giant as the latest ban expands
China’s regulators reinforce a crackdown on cryptocurrency, banning overseas exchanges from serving mainland customers. What’s new about China’s latest ban on crypto exchanges? China’s new
Twitter will allow users to receive tips in Bitcoin (BTC) via Lightning, will let users connect crypto wallets and authenticate the NFT ownership. Twitter CEO
Dapper Labs, the company behind NFT marketplace NBA Top Shot, receives the first sovereign fund banking from Singapore’s GIC. Other investors include Coatue, Andreessen Horowitz
The US Government is tightening the regulation over cryptocurrencies – in particular, stablecoins. During a New York crypto event, SEC officers handle a subpoena to
An infighting breaks out in DeFi ‘Blue Chip’ SushiSwap! Lately, an attacker – who reportedly is Sushi’s core developer – has hacked SushiSwap’s token issuance
Real estate giant China Evergrande Group has recently fallen into a debt crisis. Both Evergrande’s stock and bond prices fell sharply, which greatly increased the
Solana, a rival blockchain network to Ethereum (ETH), went down on the evening of Tuesday (Hong Kong Time). Production of new blocks on the Solana
HashKey becomes another cryptocurrency company entering Hong Kong’s central prime office location after crypto derivatives exchange BitMEX. The blockchain investment company is renting a floor
A major fake news has hit the cryptocurrency market by storm! On Monday, multiple international media reported that U.S. retail giant Walmart will accept payments
As the hottest trend in the blockchain space, NFTs are sweeping across the globe. However, Ethereum co-founder Vitalik Buterin said the development that he most
Payment giants are deepening their bets on cryptocurrency. After Visa bought a $150,000 CryptoPunk NFT, Mastercard is acquiring blockchain analytics startup CipherTrace. Crypto intelligence startup
The US Securities and Exchange Commission (SEC) plans to regulate US-listed Coinbase’s yield lending product. It will sue the crypto exchange if Coinbase launches the
NBA Superstar Stephen Curry joins crypto derivatives exchange FTX as shareholder and global ambassador. Stephen Curry will receive an equity stake in FTX Trading Limited
Riding on the NFT mania, Loot (for Adventurers) is a new Ethereum-based NFT project that launched for free last week. The viral Loot NFTs, which
Riding on the NFT frenzy, the original Doge meme image has become one of the highest valued NFTs. The image of the Shiba Inu dog
Cryptocurrency exchange Binance will have its U.S. arm go public in three years, says founder Changpeng Zhao (CZ). “Binance.US is just going to do what
Ethereum’s scaling solution Arbitrum raises $120 million and rolls out to the public. Interestingly, FTX’s founder Sam Bankman-Fried invests in Arbitrum via its quantitative crypto
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