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China
China Bans Ride-Hailing App Didi After US Listing, Citing Data Security Concerns
Bumpy ride ahead? Chinese regulators are now ordering the country's largest ride-hailing app Didi to be removed from app stores, citing data security concerns. This comes just days after it made the second largest U.S. initial public offering for a Chinese firm. "The Hash" hosts dig into the clampdown on Didi as part of a larger conversation about the Chinese government's power play over privacy, data security and national security on crypto and big tech.
IBC Group Moves Out of China, Pavilions Hotels to Accept Crypto
IBC Group to end Bitcoin and Ethereum mining in China. The Pavilions Hotels and Resorts to accept crypto. Blockchain leads to rise of crypto natives. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How Bitcoin’s Hashrates Affect Its Price
Crypto miners in China are migrating elsewhere in response to the country’s continued crackdowns. CrossTower Research Analyst Martin Gaspar discusses the impact of bitcoin’s hashrate on its price and why this matters. “Bitcoin’s price and hashrate have been very correlated over time… so they tend to move with each other,” Gaspar said.
Bitcoin recorta ganancias mientras el Banco Popular de China intensifica la represión de las Cripto
Bitcoin cayó de $35,100 a casi $34,000 después de que la noticia comenzara a circular en Twitter.
Are Greater Rewards Going to Bitcoin Miners Outside of China?
CoinDesk Managing Tech Editor Christie Harkin and "First Mover" Editor Brad Keoun joins "All About Bitcoin" host Christine Lee for a global outlook on next week's crypto markets activity and whether the worst is China crackdowns are behind us.
Charlie Munger: America Can Learn From Communist China
"The Hash" team reacts to Berkshire Hathaway's Charlie Munger suggesting America can learn from Communist China regarding financial regulation. The hosts voice their skepticism towards Munger's "hypocritical" and "ridiculous" statement.
WazirX, Binance Boost Compliance Procedures, Forkast Speaks to FTX CEO
Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast.News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory measures in Asia. Chinese district rewards residents with e-Yuan for counting footsteps. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Where Will the Miners Go Following China’s Renewed Crypto Crackdown?
The calendar may provide a clue to China’s recent crypto crackdowns, with some saying it is at least plausible the Chinese authorities would send a strong warning to the crypto industry in the weeks leading up to July 1, the 100th anniversary of the Chinese Communist Party.
China Crypto Crackdown: Calendar Offers Clue on ‘Why Now?’
The Chinese Communist Party celebrates its 100th anniversary today on July 1. Some members of the crypto community, including Ballet CEO Bobby Lee, suggest this calendar date may provide an explanation for China's renewed crypto crackdowns. "The Hash" unpacks the story as crypto intersects with geopolitical contexts.