Surveys: 1 in 4 Millennials Want to Invest in Crypto, 3% of China Already Has

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In recent cryptocurrency surveys, a poll of 100,000 Chinese citizens has found that 3% have invested in cryptocurrencies, and a survey conducted by Circle has found that a quarter of millennials would like to invest in crypto assets in the next 12 months. In addition, a survey by UK-based Rathbone Investment Management has found that…

VeChain Teams Up with Chinese Electric Car Brand BYD for Blockchain Carbon Credit App

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VeChain (VET), the world’s 18th largest cryptocurrency by total market cap, has partnered with one of China’s largest electric car manufacturers, BYD, according to a Medium blog post. Through its partnership with DNV GL and VeChain, BYD has created Carbon Credits and blockchain solutions ready for mass production.https://t.co/taCw8Gn8fI — VeChain Foundation (@vechainofficial) September 5, 2018…

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

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Jurisdictions with crypto-friendly legislation or comprehensive regulations in place are leading in terms of exchange-based cryptocurrency trading. According to a new study, however, over the counter and P2P exchange is much more popular in developing nations and countries where non-cash payments are still not widely spread. Also read: Crypto Funds Number 466 Despite Trends, Uncertainty…

China Round-Up: Bitmain, Canaan and Ebang Receive ‘Unicorn’ Valuations, Number of DLT Companies Explodes

China Round-Up: Bitmain, Canaan and Ebang Receive ‘Unicorn’ Valuations, Number of DLT Companies Explodes

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In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018.…

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

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With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for…

Chinese Yuan Now Below 1% of Total Bitcoin Trading Volume, Down From Peak of 90%

Chinese Yuan Now Below 1% of Total Bitcoin Trading Volume, Down From Peak of 90%

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In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard on cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs. Zhang Yifeng, a blockchain analyst at Zhongchao Credit Card Industry Development Company said: “The timely moves by regulators effectively fended off the…

MyCrypto Condemns Chinese Exchange For Spamming and Congesting Ethereum

MyCrypto Condemns Chinese Exchange For Spamming and Congesting Ethereum

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MyCrypto, one of the most popular Ethereum and ERC20 token wallets created by the co-creator of MyEtherWallet, heavily criticized Chinese cryptocurrency exchange FCoin for congesting the Ethereum blockchain network with insignificant transactions. Condemnation of FCoin’s Absurd Business Model FCoin, a cryptocurrency exchange created by former Huobi CEO, debuted in early 2018 with an unusual business…

EOS, Ethereum and NEO Receive Top Ratings by China in Round Two

EOS, Ethereum and NEO Receive Top Ratings by China in Round Two

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China recently revealed its second batch of state-endorsed cryptocurrency ratings and notably, EOS takes the lead this round as it was entirely excluded in the first set of ratings released in May 2018. Ethereum, Steem, and Lisk held the top ratings the first time around. The blockchain projects ratings depend on three different components based on technology,…