Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices
The app developer had bought 940.89 BTC and 31,000 ETH in spring of 2021.
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Jul 4, 2022 at 8:03 a.m. UTC
Jul 4, 2022
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The Crypto CEO Who Doesn't Want the Job
The Mask Network's Suji Yan is building and funding Web3, and hoping it decentralizes away his role. This Q&A is part of Future of Work Week.
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Jul 1, 2022 at 7:36 p.m. UTC
Jul 1, 2022
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Huobi Global Could Cut Over 30% of Workforce as China Crackdown Leads to Fall in Revenue
China's decision to ban crypto trading last year caused Huobi a sharp drop in revenue.
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Jun 28, 2022 at 9:25 a.m. UTC
Jun 28, 2022
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First Mover Asia: A Chinese Alternative to Dollar-Based Stablecoins? Widening the Use of the CNH Presents Challenges; BTC Remains Above $20K
The token is a version of China’s currency designed for offshore use; other cryptos are mixed in light trading.
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Jun 20, 2022 at 11:20 p.m. UTC
Jun 20, 2022
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Benchmark Sees Canaan as Indirect Investment in Bitcoin, Shares Gain
The broker initiated coverage of the mining-equipment business' stock with a buy rating and $9 price target.
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Jun 8, 2022 at 2:27 p.m. UTC
Jun 8, 2022
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Stepn to Bar Gameplay in China, Sending 'Move-to-Earn' Token GMT Spiraling
The crypto rewards game's GMT token has fallen 38% in the last 24 hours, according to CoinGecko.
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May 26, 2022 at 8:15 p.m. UTC
May 26, 2022
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Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
The funding round sets the firm's valuation to $2 billion.
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May 25, 2022 at 12:00 p.m. UTC
May 25, 2022
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China Can’t Seem to Stop Bitcoin Mining
Reported hashrate fell to zero for two months in China last year, but it has since returned rather abruptly.
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May 22, 2022 at 2:50 p.m. UTC
May 22, 2022
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New Data Shows Underground Bitcoin Mining Thriving in China
The U.S. has also expanded its lead in the global hashrate competition.
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May 17, 2022 at 8:02 p.m. UTC
May 17, 2022
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Bitcoin Mining Appears to Have Survived Ban in China
From September 2021 to January of this year, China's contribution to the bitcoin mining network was second only to that of the U.S.
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May 17, 2022 at 9:23 a.m. UTC
May 17, 2022