Tag: china

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Dark Web: Data of 130 Million Chinese Hotel Guests on Sale for 8 Bitcoins

Hackers are selling stolen data for 130 million guests of a Chinese hotel chain for 8 bitcoins on the Dark Web. Going digital has a...

China Issues Official Warning Against Fake Cryptocurrency Schemes

Following what’s reportedly the biggest Bitcoin heist in China, the Government and other major institutions have issued an official warning against fake cryptocurrency schemes. Prompting...

Why Bitcoin Mining Isn’t the Energy-Gobbling Monster Critics Make It out to Be

People have long disparaged Bitcoin mining due to its energy consumption. An article published in Forbes back on May 30th accused Bitcoin of being...

China Renews Its Crackdown on Crypto by Targeting WeChat Accounts

China is continuing its crackdown on cryptocurrencies as Tencent's WeChat announces the permanent closure of several public accounts for delivering news and updates on...

Biggest Bitcoin Heist in China Results in 3 Arrests

Police arrested three men in connection to the biggest Bitcoin heist in China that totaled $87 million. Hacking has been a thorn in the side...

Ripple Eyeing Expansion into China, says Company Exec

According to an executive at Ripple, the distributed payments service provider has its eye on expanding operations into the Chinese market. Jeremy Light, Ripple's vice...

South China Police Arrest Over 540 People Involved in Bitcoin Online Football Gambling

More than 540 people have been arrested in south China for allegedly being involved in online football gambling using Bitcoin. Online Platform Accepts Bitcoin Police in south...

Renminbi Bitcoin Trading Hits an All-Time Low Since PBoC Ban

China has become a non-factor in the cryptocurrency world. The once leading nation by trading volume now represents less than one percent of the...

Chinese Police Arrest Man for $15 Million Bitcoin Mining Machine Fraud

A man in China has been arrested for reportedly conning $15 million worth out of 50 investors after claiming he had a reliable supply...

Chinese Police Confiscate 200 Computers Used to Mine Cryptocurrencies

Chinese police have seized more than 200 computers used to mine cryptocurrencies after a man was alleged to have attempted to cheat the electricity...

Bitcoin Is Controlled by China, Claims Ripple CEO

Ripple's CEO has made a bold, and what he believes is underreported, claim about Bitcoin, while speaking at a conference in Boston. Brad Garlinghouse: 'Bitcoin...

Tencent to Use the Blockchain to Help China’s Taxman Authenticate Invoices

Tencent Holdings is turning to the blockchain technology to help the Chinese city of Shenzhen fight fake invoices and prevent businesses from taking advantage of...