Chinese And US Governments Fighting Over Bitcoin? Here’s What We Know
A new technical report from China’s National Computer Virus Emergency Response Center (CVERC) has revealed shocking details about one of the largest Bitcoin hacks in history, which points to a hidden power struggle between China and the United States over $15 billion in Bitcoin. The stolen Bitcoin stayed untouched for four years, which blockchain experts say is unusual for typical hackers. Now, both China and the US are pointing fingers, with some analysts suggesting the US government may have secretly seized the coins. China’s 2020 Bitcoin Hack Raises Questions About US Government....
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According to a press release from the Department of Justice (DoJ), two Chinese individuals allegedly paid over $60,000 in Bitcoin to a U.S. government official to obtain classified information. The Chinese suspects were identified as Guochun He (“Dong He”) and Zheng Wang (“Zen Wang”). Related Reading: Bitcoin Puell Multiple Continues Uptrend, Here’s What History Says […]
A bogus video on Chinese social media has intensified a long-standing feud involving Binance, Huobi and OKEx.
Courtesy of ZhangZhang Music. Despite their reputation as an investment only for the computer-savvy, Bitcoin and other cryptocurrencies are increasingly entering the mainstream consciousness, even amid government pushback. One Chinese musician has contributed to this process by composing the first ever love-song and music video dedicated to Bitcoin. We Are All Bitcoins. ZhangZhang's love-song to Bitcoin, “We Are All Bitcoins,” debuted during the Global Bitcoin Summit, a somewhat awkward time for his Chinese listeners. As CCN has reported, Bitcoin’s increasing prominence led an unnamed....
The weekend's bitcoin unsupported rumour was that China is to support the currency ... allegedly. If you thought parts of the bitcoin community were susceptible to swallowing rumors, this latest incident just took it up a notch. A user on reddit posted a link -- and summary -- of a documentary on bitcoin from CCTV, the Chinese state broadcaster. This, before a translation had even been offered, was taken as tacit support from the Chinese government for the currency. Whodunnit? A more likely explanation came from a reddit user who took the view that cock-up is more likely than conspiracy.....
Amid bank freezes and ATM overruns, one Ukrainian escaped with his wealth in bitcoin and is now fighting Russia on his own terms.