china

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Crypto Currency Market under China’s Intensified Crackdown

27 Sep 2021 1 minute read 1 comment Fish.Pro

China's top regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining activities, the power-hungry process in which vast computer networks compete for newly-created crypto tokens.   Tech...

Bitcoin's Prisoner's Dilemma: Heads we win, tails they lose?

27 Sep 2021 2 minute read 7 comments NZFX

Last week I read an article in Bitcoin magazine that looks at China's decision to ban Bitcoin through the lens of game theory.  Link below so you can read for yourself.  Within the realm of game theory study resides the famous 'prisoner's dilemma' an...

The 🇨🇳 Ban 🔨 and the Lernaean Hydra to the DEFI!

25 Sep 2021 1 minute read 1 comment Gaia ❤

We all know that China has banned crypto again. This time the reason was quite predictable (no, i haven't sell in time 🤦‍♀️): they are afraid that the funds used to rescue Evengrande will end up abroad to feed the cryptocurrency market. Fairly well-...

Political Theater is Alive & Well - Crypto FUD & a BTC selloff yet again!

24 Sep 2021 2 minute read 1 comment TheCryptoDan

It’s Friday September 24th and most of us have woken up to yet another rejection of BTC at the $45k mark. It was naturally a resistance point to overcome based on the technicals, and remarkably China makes its 10th or 11th “Banning Crypto” statement...

China Declares all Cryptocurrency Transactions Illegal

24 Sep 2021 1 minute read 5 comments AverageVancouverite

Warning that cryptocurrencies such as Bitcoin and Ethereum "seriously endangers the safety of people's assets", the People's Bank of China (PBOC) announced that all transactions of cryptocurrencies are now illegal. The PBOC also ordered banks and oth...

Legend has it China will ban Bitcoin till the 888th time, cause that's considered a good luck symbol/number with money

24 Sep 2021 1 minute read 0 comments Kovichni

Ah good ol' satire, what else can you do when the same news repeats about 3 times a year? But seriously, 888 is actually considered luck regarding money in Chinese culture. This was the same reason that dubious borderline scam "airdrop" Kick sent ou...

BTC falls over old FUD from China (UPDATED)

24 Sep 2021 2 minute read 1 comment SirK133

As I'm writing this BTC price has fallen 8,34% in a small time window and shows no signs of stopping. Why? Supposedly because we had some new statements from China officials that resulted in BTCs price loosing around $2k. As Bloomberg noted  China’s...

Wuhan Love Notes: A Video Dedicated to a City Struck by a Health Crisis

14 Sep 2021 1 minute read 0 comments Fangimation Studios

In the winter of 2019, Covid broke out across China. To help fight the fear and uncertainty, we asked our local friends and foreign friends to send messages of love to Wuhan. This turned into an international movement "Wuhan Love Notes" and a video...

How COVID-19 Has Impacted China’s Gaming Industry

12 Sep 2021 4 minute read 0 comments MintDice.com

Under Chinese law, gambling has been strictly limited to the Special Administrative Regions of Hong Kong and Macau since the 1940’s. Since then, the former Portuguese colony of Macau has grown into the Monte Carlo of the East, with gambling tourism...

It's Time To Boycott 'Made in China'

13 Aug 2021 4 minute read 3 comments SweptOverNiagara

For the last year and a half, the world has been turned upside down by the CCP virus. I refuse to call it Covid-19 because that's the name given by the head of the WHO, Tedrus Ghebreyusus who is not a medical doctor and is a known Marxist-Leninist co...