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Stock market today: Indexes slide as Biden plan to tighten China chip crackdown weighs on tech

The Biden administration is considering the strictest trade restrictions on foreign companies that …

Matthew Fox   


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5 mins read

From Amazon to Dell, Corporate America's in-office crackdown is in full swing

Companies like Amazon and Dell have been in an ongoing battle over return-to-office mandates.

Dan DeFrancesco   


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3 mins read

Bitcoin mining: Despite the crackdown, China is back as the second-largest miner

China’s commitment to preventing Bitcoin miners from running operations in the country seems to be …

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China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown

A surge in covert mining operations post-ban means China is now the world's second-largest location…

Hamza Fareed Malik   


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The US unseats China as world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing's crackdown

The increase in the share of the US came after China in September banned all cryptocurrency transac…

Isabelle Lee   


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China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin

"The reaction is significantly smaller than previous bans as the market has already priced in the r…

Isabelle Lee   


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Alibaba will block sales of crypto mining equipment beginning October 8 to comply with China's clampdown

Alibaba will also prohibit the sale of cryptocurrencies themselves and ban any tutorials, strategie…

Isabelle Lee   


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China catches hundreds of banned crypto miners stealing electricity amid energy crisis

Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…

Carla Mozée   


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Bitcoin, ether, and major altcoins tumble on news that China will completely ban all crypto transactions

"We've also seen this before from China ... but it has not prevented adoption of bitcoin and digita…

Isabelle Lee   


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Cryptocurrencies tumble as China continues its crackdown against mining

The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…

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Russia is mulling energy tariffs for crypto mining amid a wave of migration following China's ban, report says

"We can't let miners capitalize on the situation at the expense of low residential electricity tari…

Isabelle Lee   


Shalini Nagarajan   


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Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal

China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…

Carla Mozée   


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China's crypto crackdown expands as a northern province announces new restrictions on mining and trading in cooperation with Beijing

"Cryptocurrency mining consumes an enormous amount of energy, which is against China's 'carbon neut…

Carla Mozée   


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China has banned all crypto transactions in the country. Here is what it means and why experts say bitcoin will bounce back.

"A banning of crypto possession probably would have sent everything crypto 20% lower," an analyst s…

Carla Mozée   


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US stocks trade mixed as investors struggle to shake off Evergrande fears

Bitcoin and major altcoins, as well as crypto-linked stocks, all tumbled on news that China will pu…

Isabelle Lee   


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Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says

Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…

Isabelle Lee   


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China's crypto crackdown is shaking markets, but it's been trying to rein in the sector for years. Here's a timeline of Beijing's regulatory sweep.

China's hostility towards crypto stretches back to 2013, when the country banned banks from handlin…

Matthew Fox   


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China isn't the only nation nixing crypto. 50 other countries have placed bans on digital currencies to date.

Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar, and Tunisia have outlawed crypto, a…

Natasha Dailey   


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Billionaire investor Paul Tudor Jones says China is on a 'slow boat to the South Pole' after its crypto crackdown as digital assets are here to stay

Jones, the founder and chief investment officer of Tudor Investment Corporation, told CNBC he has c…

Natasha Dailey