China's romance with Bitcoin continues
Why is China's interest in Bitcoin growing? The country's increased interest in the currency has shown no signs of abating over the past couple of months, leading to all kinds of fun theories about currency wars. Chinese downloads of the original Satoshi client, as maintained by the Bitcoin core development team, have increased in recent months. For the month of January, China ranked seventh amongst downloaders of the software, accounting for just 3.66 percent of downloads. As recently as April, Chinese downloads accounted for 13.15 percent of the total, lagging the US, which downloaded 27....
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In 2021 alone, victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams, compared to just over $35 million in 2020. The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco Bay Area, with the latest trend involving cryptocurrencies. Just a few days ahead of Valentine’s day, the FBI San Francisco field office alerted the public about the rise in romance scams based on the complaints filed with the FBI’s Internet Crime Complaint Center (IC3). A romance scam involves....
The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency explained. “2021 numbers are nearly five times those reported in 2020, and more than 25 times those reported in 2019,” said the FTC. FTC Warns About Crypto Romance Scams The U.S. Federal Trade Commission (FTC) issued a warning Thursday about crypto-related romance scams. The FTC is an independent agency of the U.S. government whose principal mission is the enforcement of civil....
With some of its highest hash rates ever, the Bitcoin mining industry has weathered a harsh 2020 and increasingly moved away from China. The post The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders appeared first on Bitcoin Magazine.
Dragon's Tale allows players to stick paintings on the Great Wall of China and make money at the same time. The Great Wall of China is one of the seven wonders of the world. The ancient wall (portions of it) dates back to 7th century BC. The wall was completed by the first emperor of China, Qin Shi Huang in 206 BC. Portions of the wall have been rebuilt from time to time by various rulers since then. The Great Wall of China acts as a border control and a line of defense against external threats. Since the end of dynasties and warriors, the ancient Great wall of China continues to stand....
The folks over at BTC China have, as of January 3rd, implemented a change in fees, according to a notice published on Friday. Effective immediately, BTC China says the following will change: CNY Withdrawal fee is reduced from 1.0% to 0.5%. BTC China will use the Maker-Taker fee/rebate model for trading: Limit orders not executed immediately will be rewarded a 0.3% rebate on execution. Orders executed immediately will continue to incur a 0.3% transaction fee. The changes, of course, come as the recent drama has unfolded with the Chinese government throwing down the banhammer - preventing....