Current security breaches in many Chinese coal mines seem to have had an adverse effect on Bitcoin’s recent mining hash rate. These mining accidents may, in fact, be one of the key reasons why the hash rate has experienced a drop lately. In the last 14 days alone, there have been a total of 3…
There has been a slump in the hash rate of Bitcoin (BTC) and according to mining data aggregators in the crypto space, this is mainly because the wet season has come to an end in the Chinese province of Sichuan. As this particular region is predominantly dependent on hydroelectric power, they have a large surplus…
It has been reported by the Chinese media groups that the founder of the global cryptocurrency exchange, OKEx has been summoned by the Chinese Police Force. The summoning has been called up against the suspension of the cryptocurrency exchange’s suspension of the withdrawal service. Mangxing Xu, who is the founder of OKEx is currently being…
Bitcoin inheritance law China has officially added Bitcoin inheritance to its crypto laws after the laws governing digital assets were recently revisited and amended in the country. The recent stance of China on the crypto has now begun to unravel the country’s authority long term aspirations. China looks not to want to have anything to…