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China may not like cryptocurrencies but is pushing blockchain across 164 cities, companies and other entities

China’s government has announced an internal push to speed up blockchain development and innovation…

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Campaigners call for bitcoin miners to drop 'proof of work' to reduce their excessive use of energy

Greenpeace and other climate groups hope to tackle the excessive energy use in bitcoin mining by en…

Adam Morgan McCarthy   


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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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A high court in China is saying Bitcoin is protected by law and has economic value

The court said that Bitcoin has economic value, while hearing a dispute between two individuals. Th…

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How China and Russia are reportedly using 'underground' channels to get around sanctions

Chinese firms that trade with Russia are seeking alternatives to official finance channels, as the …

Filip De Mott   


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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   


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China's iPhone ban has office workers worried their own bosses will start getting ideas and banning all Apple devices too for no good reason

Employees are fretting that their bosses will demand they get a second phone, amid speculation that…

Matthew Loh   


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Crypto is funding businesses in China that fuel the fentanyl trade, Senator Elizabeth Warren says

Crypto could be used for payment in $540 billion worth of fentanyl supply from China, according to …

Jennifer Sor   


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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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China is Binance's biggest market despite its ban on cryptocurrency trading, report says

Crypto assets worth $90 billion were traded on Binance in China in May, The Wall Street Journal rep…

Joseph Wilkins   


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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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1 min read

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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A New York power plant that mines bitcoin faces big test in governor's office

Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …

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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Kosovo is the latest country to ban crypto mining as it deals with a power crisis

The government also announced a 60-day state of emergency to deal with Europe’s ongoing energy…

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Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study

Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …

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Republican senators want to ban Apple and Google from hosting apps that accept China's digital yuan stablecoin

Marco Rubio and Tom Cotton are two sponsors of a bill that would bar Apple and Google from hosting …

George Glover   


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China declares all crypto-related transactions illegal and forbids overseas exchanges from serving its citizens

Cryptocurrencies "cannot be used as currency in the market," China's central bank said, in its toug…

Shalini Nagarajan   


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Crypto’s ‘great mining migration’ has Chinese miners looking at Texas

What sets the southern US state apart is that its politicians are pro-crypto, which could he…

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Alibaba, Tencent, and other Chinese players are betting big on the metaverse — but the government is yet to buy into the hype

This even as industry leaders in the country — including the Ant Group and Tencent Holdings — re…