Wednesday, December 7, 2022

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China

Edward Snowden Believe China’s Ban Enhances Bitcoin

The CIA whistle-blower and journalist, Edward Snowden, in his recent tweet has claimed that after China banned cryptocurrency in the country, Bitcoin has become...

Crypto Is ‘Indestructible’, Says Tesla’s Owner

Amid the crypto industry being scrutinized, globally, Elon Musk, the CEO of Tesla, has come in support of it and calling cryptos indestructible.  Recently, while...

Bitcoin Reaches 8% Down, Institutional Investors Rushes To Buy Dip

The latest blanket ban imposed by China on cryptocurrencies sparked FUD, several institutional investors rushed to buy the dip, last week, and the digital...

Cross-Broder Remittance Using CBDCs Reduce To Half: BIS

The Bank for International Settlements (BIS) published a report titled “Inthanon-LionRock to mBridge: Building a multi CBDC platform for international payments” specifying the benefits...

Huobi Takes Proactive Measures Before Closing Down Crypto Accounts

The blanket ban imposed on crypto trading activities in China sparked a lot of uncertainties in the industry, therefore, homegrown crypto exchanges like Huobi...

India Initiates Cryptos Panic Sale-Off After China Declares It Illegal

As China declares all cryptocurrencies illegal, the asset class again started declining on Friday and Saturday. Following the market movement, several Indian investors rushed...

Hong Kong Police Arrests 19 People For Misleading Innocents Through Crypto Scam

Hong Kong Police has arrested 19 people, who are suspected to be a part of a cryptocurrency scam that defrauded 170 individuals in Hong...

Weibo Again Initiates Ban, Chinese Social Media Platform Blocks Justin Sun’s Account Too

Weibo, the microblogging website of China, has again initiated the crypto ban. The analogue of Twitter restricted the accounts of crypto influencers and companies...

Bitcoin Mining Daily Revenue After China’s Crackdown Increases

After China’s crackdown on crypto-related activities in the country, many of the miners went offline and now they are collecting in the big bucks. Compared...

PBoC’s Shenzhen Province Shuts 11 Crypto Trading Companies

Shenzhen Center Branch of People’s Bank of China has shut 11 companies in speculation of being involved in crypto trading. A notification has been...

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