China


Markets

Shenzhen PBoC Launches Crypto Trading 'Clean-Up': Report

China's central bank vowed earlier in August to keep high pressure on crypto trading.

People's Bank of China

Markets

Huobi Revenue Took a Hit in July, Token Burn Suggests

The lower burn value is a "natural response" to last month's market trends, a spokesperson said.

Huobi OTC

Markets

Honor Releases First Snapdragon Smartphone With Digital Yuan Wallet

The PBoC has been pushing for hardware applications of the digital yuan.

People's Bank of China

Videos

Bitcoin 30% Away From April Peak; Is It Overbought?

Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why the price run could reflect the industry reacting positively to the crypto regulatory conversations emerging from Congress. Plus, her take on the impact of China's crypto crackdowns versus U.S. regulatory scrutiny and DeFi risks.

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Videos

Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets

Once the world's largest bitcoin mining hub, China has been cracking down on crypto mining in recent months. On Wednesday, its central government issued a five-year plan that calls for even stricter regulation across tech industries. Still, this continued push to rein in tech goes far beyond crypto and has led global investors to reconsider their exposure to China. "The Hash" hosts discuss the potential repercussions for business operations in China and the future of the crypto industry.

Recent Videos

Markets

Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets

China's tech crackdown extends far beyond crypto.

People's Bank of China's headquarters in Beijing

Videos

Largest Hack in DeFi History, ADA Hits Two-Month High

Poly Network suffers the largest hack in DeFi history. Small and mid-sized miners suffer in China exodus, and Cardano’s ADA hits a two-month high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets

Alipay Adds Cooldown Feature on NFTs to Curb Speculation

China's second-most popular payments app doesn't want users to engage in speculation with NFTs.

Alipay's logo

Markets

Poly Network Prepares for Hacker to Return Millions in Stolen Crypto

The hacker who stole potentially $600 million from Poly Network asked for a multisig wallet to return the funds.

hacker

Markets

Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost

DeFi platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto.

hacker code computer hands