China


Finance

China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown

Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.

Chinese yuan image via Shutterstock

Technologies

How Chainlink and Cosmos Fit Into China's Grand Blockchain Initiative

Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.

Shutterstock

Marchés

Bitcoin Miner Maker Ebang Estimates $2.5M Loss for Q1 in IPO Prospectus Update

The Chinese firm also revealed its anticipated share price in its updated filing with the U.S. SEC.

Mining machines (GreenBelka/Shutterstock)

Technologies

JD.com Subsidiary Rolling Out Privacy Tech From Blockchain Firm ARPA

JD Digits is teaming with blockchain-based privacy platform ARPA protect the financial data of major clients.

(Michael Vi/Shutterstock)

Finance

Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments

Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.

Credit: CoinDesk archives, modified using PhotoMosh

Marchés

Bitcoin News Roundup for June 10, 2020

As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.

Markets Daily Front Page Default

Marchés

What the Stock Market's 'Robinhood Rally' Means for Bitcoin

The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?

Credit: Nataliya Komarova / Shutterstock

Finance

Why Miner Maker Ebang's US IPO Raises More Questions Than Answers

Bitcoin mining hardware manufacturer Ebang wants to raise $100 million through a U.S. IPO. But that could be a risky investment, CoinDesk Research's Matt Yamamoto reports.

Cryptocurrency mining equipment

Marchés

Chinese Police Freezing OTC Traders' Bank Accounts Over 'Tainted' Crypto Transactions

Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets.

Credit: Shutterstock

Marchés

The Biggest Realignment in the US-China Relationship Since Nixon, Feat. Graham Webster

How one of the world’s most important geopolitical relationships came to be what it is in 2020.

Credit: Tomas Stehlik/Shutterstock