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“# Chinese traders turn to OTC desks amid regulatory crackdown ” As Beijing attempts to regulate and suppress the cryptocurrency boom, traders have been evading regulatory oversight by using over-the-counter, or OTC trading desks. According to a May 31 report published by Bloomberg, there has been a significant uptick in OTC platform usage since China…
“# Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29 ” Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in…
“#China believes it will ‘own America’ within next 15 years” President Biden dropped an ominous note into his remarks to American service members at a Virginia military base Friday, telling them that his Chinese counterpart believes Beijing will “own America” inside the next 15 years. “We’re in a battle between democracies and autocracies,” Biden told…
“#China censors Lady Gaga, Bieber from ‘Friends’ reunion” Chinese viewers got a different show, and they’re none too pleased about it. Those watching the much-anticipated “Friends” cast reunion special in China got a different, shorter experience than was aired elsewhere. Viewers in China were treated to a censored version of HBO Max‘s hour and 44-minute…
“# Shutting down Bitcoin is impossible, Ark Investment founder says ” While Bitcoin (BTC) increasingly falls under the scrutiny of regulators worldwide, Ark Investment founder and CEO Cathie Wood is confident that regulators will not be able to shut down the world’s largest cryptocurrency. Wood said that Bitcoin is “already on its way and it’ll be…
“# Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool ” Edward Evenson, head of business development at Slush Pool owner Braiins, reports that a large number of Chinese BTC mining machines equivalent to Quebec’s entire output are currently en route to North America and Europe. For those interested in the #Bitcoin…
“# Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. China regulations, FACT or FUD? Normally, this weekly column takes a…
“#Facebook and its censorious ‘fact-checkers’ have utterly discredited themselves” Is there something in the California water that makes Silicon Valley’s censorious dweebs so damned shameless? On Wednesday, Facebook revised its policy of banning posts suggesting the coronavirus was man-made — because the COVID situation is, er, “evolving,” as a spokesman told Politico. Gee, thanks. The…
“#Fauci’s frequent fibs disqualify him as a trustworthy spokesman” We’ve never considered Dr. Anthony Fauci either a saint or a devil: He’s a medical bureaucrat unexpectedly thrown into the limelight by the pandemic. But his usefulness as a government spokesman on COVID issues has clearly come to an end. On Tuesday, the White House chief…
“#Letters to the Editor — May 28, 2021” The Issue: A push from experts for an investigation into whether COVID-19 originated in a Chinese lab. Over 18 months after the breakout of COVID-19, legislators and scientists are starting to focus on the theory that the virus may have accidentally leaked from the Wuhan Institute of…