Latest Posts with china tag

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XRP Ripple guy thinks China can reverse Bitcoin transactions - but would they want to?

28 Aug 2020 1 minute read 0 comments TP

China has some serious bitcoin mining power. A LOT of it. Some worry with one country having majority power over the blockchain that a 51% attack could leave the blockchain reeling, however, the question is - why? China is profiting majorly from BTC...

US-China War

27 Aug 2020 1 minute read 8 comments Steven_BA

Recently, I saw a very interesting metaphor that accurately describes the US-China trade war. Basically, all I’ve seen was an image (see below) of American football where two players from opposing teams were challenging each other to take control of...

The Start of WW3? DPRK vs China

23 Aug 2020 1 minute read 5 comments Steven_BA

Recently, I read some very interesting news regarding the Democratic People’s Republic of Korea (or as we know it North Korea) and China. Four days ago Express.co.uk gave an astonishing title Brink of WW3: North Korea and China CLASH in deadly sea ba...

Hong Kong’s big fortunes run away with their gold

12 Aug 2020 1 minute read 0 comments patou

Relations between China and Hong Kong continue to be strained. Some investors choose to relocate part of their investments, including gold, fearing political instability. As gold has just hit a new record, trading at $ 2,000 an ounce, many Hong Kong...

Hong Kong Will be the First City to Use China's Digital Currency

12 Aug 2020 1 minute read 2 comments Abhi K

Local media outlet Southern Daily reported on August 12 that officials from the People’s Bank of China had confirmed that Hong Kong’s Greater Bay Area would be the first region that would use China’s digital currency, DCEP.  China has been testing a...

VeChain Enters Second Phase of Partnership with Shanghai Natural Gas

11 Aug 2020 1 minute read 2 comments Abhi K

VeChain (VET) and Shanghai Natural Gas are entering the second phase of their partnership, according to local media reports published on August 9. This phase of the partnership will focus on efficiency and transformation of Shanghai Natural Gas’ work...

China's state blockchain platform has added support for 6 public blockchains

11 Aug 2020 1 minute read 0 comments Danyakot

The Chinese Infrastructure blockchain platform (BSN) has launched an international version of the site and added support for six public blockchains. One of the goals of launching the portal is to attract developers from all over the world to the proj...

Qingdao, Shandong, China

10 Aug 2020 1 minute read 0 comments AverageVancouverite

Qingdao is a large city with a population of over 9 million located in the Shandong province of China. A major seaport, naval base, and industrial center, Qingdao is also an important economic hub in the area. Qingdao is also home to the Tsingtao bre...

Jameson Lopp Says That Chinese Mining Dominance Won't Last Forever

10 Aug 2020 1 minute read 1 comment Abhi K

Cypherpunk, programmer and cryptocurrency proponent Jameson Lopp published a blog post on August 9 that examined the actual threat faced by the dominance of Chinese miners. Lopp argued that the status quo may not last long, as internationally produce...

Over 10,000 Blockchain Companies Were Founded in China in 2020

10 Aug 2020 1 minute read 0 comments Abhi K

On August 8, blockchain data platform Longhash revealed on Twitter that over 10,000 blockchain companies had been established in China in 2020. In only 7 months, 2020 has nearly matched the figure from 2019 and is at just under half as that of 2018....