Tag: China

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Bitcoin Mining Quietly Makes A Comeback In China As Cheap Power & Data-Center Expansion

Despite being outlawed four years ago, bitcoin mining is quietly making a comeback in China, according to miners and industry statistics, as both individual...

Chinese National Liang Ai-Bing Arrested In Luxury Bangkok Home Over Alleged $31M ‘FINTOCH’ Crypto Ponzi Scheme

Thai authorities have recently arrested a Chinese man, Liang Ai-Bing, who is suspected of running a $31 million cryptocurrency Ponzi scheme, in a very...

Chinese Investors May Face Years Of Legal Battle To Get Their Funds Back As The $6B Bitcoin Ponzi Case Of Qian Zhimin Heats Up

Thousands of Chinese investors are facing critical uncertainty over getting their funds back from a bitcoin Ponzi scheme that happened years ago. As crypto...

Chinese Woman Pleads Guilty In United Kingdom To $7B Bitcoin Fraud Case

Zhimin Qian, a national of China who also goes by Yadi Zhang, pleaded guilty in a United Kingdom court to one of the largest...

China’s Largest Bitcoin Treasury Firm May Plan $500 Billion Stock Sale To Increase Bitcoin Holdings

The largest corporate Bitcoin treasury firm in China, Next Technology Holding, has disclosed plans to sell up to $500 million in common stock focused...

China’s NYSE-Listed E-Commerce Platform MOGU Greenlights $20M Investment In Crypto Treasury

MOGU’s board announced on Sept. 9, 2025, that it will put up to $20,000,000 of corporate assets into digital currencies like Bitcoin, Ethereum and...

China’s Guangzhou Court Voids Sale Of Offshore Crypto Mining Rigs, Cites Threat To Financial Order

The Guangzhou Intermediate People’s Court said yesterday it voided a sales contract for offshore virtual currency mining machines after a press conference marking the...

China’s Linklogis Share Price Surges 23% Following Announcement Of Partnership With XRP Ledger

Linklogis, a company based in China, experienced a 23% spike in share price after it announced a strategic collaboration with the XRP Ledger.  Linklogis confirmed...

China Considers Letting Yuan-Backed Stablecoins Into Use To Boost Global Yuan Adoption

China will review a plan later this month that could allow yuan-backed stablecoins for the first time, sources told Reuters’ reporters, published earlier today,...

China Orders Local Brokers To Stop Promoting Stablecoins In Effort To Control Market Risks

China has instructed local brokers, research centers, and think tanks to stop selling stablecoins. According to a Bloomberg report earlier today, this is yet another...

China’s State Security Ministry Warns Against Foreign Crypto’s Iris-Scan Biometrics

On August 6th, China’s Ministry of State Security warned that using biometric data for rewards poses a national security risk. The agency pointed to...

Chinese Mining Pool Lubian Loses $3.5 Billion Amid Unnoticed Crypto Hack Four Years Ago, Here’s All

A previously unannounced cryptocurrency heist has been reconfirmed as the largest in history, after blockchain intelligence firm Arkham reported that 127,000 BTC were stolen...