Crypto Migration: Chinese Miners Flock To Ethiopia For Cool Climate, Cheap Electricity And Hot Profits

Chinese Bitcoin Miners Find Haven in Ethiopia

Chinese Bitcoin miners flock to Ethiopia for low electricity costs amid global shifts. Despite a ban on trading, Ethiopia welcomes mining, balancing economic potential with societal concerns.

From China to Africa: Bitcoin Miners Seek Fortune in Ethiopia's Electricity

Chinese Bitcoin miners are expanding to Ethiopia for cheap electricity and opportunities, but face challenges like regulatory uncertainty and environmental concerns, requiring a balanced approach for sustainable growth. Success depends on navigating these challenges while benefiting both the industry and the host country.

Major Bitcoin Seizure Unveils Chinese Scam: Jian Wen on Trial

UK authorities seize $1.8 billion in Bitcoin linked to a $6.3 billion Chinese scam. Jian Wen faces trial for money laundering in connection with fugitive Yadi Zhang. The case highlights global efforts against cryptocurrency-related crimes.

CBDC: Chinese Digital Yuan Records $250 Billion In Transactions

China's digital yuan has witnessed tremendous growth as the central bank ramps up its CBDC pilot in the last one-and-a-half ...

NFT、DeFi 正在奔向 Bitcoin——下一个热点，是 Bitcoin 第 2 层用例？

自 2023 年年初 Ordinals 开启 Bitcoin 的 NFT 试验以来，如何在 Bitcoin 上创立丰富的去中心化用例项目，成为行业关注的热点。

Tether Launches Chinese Yuan (CNHT) On Tron

Tether, which is the largest stablecoin issuer by market capitalization, added its offshore Chinese Yuan (CNHT) to the Tron network.

Chinese Gov Bitcoin Holdings Outrank MicroStrategy Despite Crypto Ban

The Chinese government holds approximately 194,775 BTC valued at roughly $3.9 billion.

Ethiopian Crypto Providers Will Now Need To Register With CyberSecurity Agency

Cryptocurrency service providers that are operating in Ethiopia have been instructed to register with the nation's cybersecurity agency. The cybersecurity ...

Mercado Bitcoin plans to expand to Mexico

The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country.

CT Chinese Focus｜From NFT to metaverse, how does Enjin lay out the future