By investigating carbon emission flows of Bitcoin blockchain operation in China with a simulation-based Bitcoin blockchain carbon emission model, we find that without any policy interventions, the …
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China First Major Economy to Issue Digital Currency
Some even think China plans to make all Yuan digital at one point. China is only the second country and the first major economy to officially launch a blockchain version of its own currency. According…
Bitcoin Mining Operations in China Threaten Climate Goals
The energy consumption and carbon emission from Bitcoin mining will undercut China’s climate efforts without more stringent regulations and policy changes, according to a study published in Nature …
China’s Bitcoin Mining Rush Risks Derailing Climate Goals
“The intensive bitcoin blockchain operation in China can quickly grow as a threat that could potentially undermine the emission reduction effort,” co-author Wang Shouyang from the Chinese Academy of …
China’s bitcoin mining threatens climate goals as energy consumption overtakes Italy and Spain
The process of ‘mining’ the cryptocurrency has previously come under fire from critics due to its energy intensity …
Ebang Plunges After Hindenburg Short of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
Short seller Hindenburg Research says Ebang International is a crypto ‘China hustle’ taking US investors’ cash
Hindenburg Research says Ebang International is inflating volume metrics for its crypto exchange and exaggerating bitcoin mining machine sales.
China Business Confidence Hits 10 Year High
The vast majority of Asian equity markets reopened today on light volumes and little news. Meanwhile, Hong Kong and Thailand enjoyed another day off.The private survey of purchasing managers conducted …
Ebang Slumps After Hindenburg Short Of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
World’s first offline NFT art exhibition lands in China
For China, switching from a plain canvas to a crypto art masterpiece might take some time, but hosting the world’s first offline crypto-art show is a start. There are hopes China’s NFT market will …
Glory Star Announces the Commercial Application of Blockchain Technology in CHEERS Video Application and CHEERS E-Mall
Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it has …
Live: A visit to South China Sea’s Yangpu Port
Our first stop is a key import and export port in the South China Sea — the Yangpu Port in Hainan Province. Despite COVID-19, the port still saw a positive development dynamic in 2020. Join…
Crypto market cap tops jaw-dropping $2T mark in three months from $1T driven by Bitcoin, Ethereum, others
Bitcoin has grown over 100 per cent while Ethereum has scaled by 184 per cent in 2021 so far. While Wall Street firms such as Goldman Sachs, Citigroup, BlackRock, others have been dabbling in Bitcoin,…
