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4 mins read

China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham   


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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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8 mins read

Bitcoin miners got kicked out of China. Now they're sucking America dry.

Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive a…

Taylor Dorrell   


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Trump once said crypto was a scam. Disclosures show he now owns more than $1M of it.

Trump's financial disclosure reveals over $1 million in Ethereum, marking a shift from his previous…

Joshua Nelken-Zitser   


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1 min read

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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Investors used the crypto crash after China's ban to buy the most bitcoin in four months last week: CoinShares

Investment in bitcoin hit its highest in four months in the week to September 24, when China announ…

Camomile Shumba   


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China's ban on crypto has sent traders piling into decentralized exchanges. Here's a look at what DEX is and what tokens to watch

The crypto market bounced back on Monday after last week's selloff, with lesser-known DEX tokens li…

Camomile Shumba   


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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 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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Cryptocurrencies recover from last week's China-led selloff, while decentralized exchange tokens sushi and uniswap surge by as much as 37%

The cryptocurrency market surged in value on Monday, recovering from Friday's slump that was trigge…

Camomile Shumba   


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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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Illegal mining for cryptocurrencies remains rampant as miners look to maximise profits with cheap electricity

Regular mining and mining for cryptocurrencies may not be the same thing, but they do have somethin…

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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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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…

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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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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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1 min read

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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5 mins read

China's FUD drags down Bitcoin, Ether and other cryptocurrencies yet again

Moreover, employees working for crypto exchanges that are not based out of China will be i…

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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