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China’s crypto censorship reaches over news outlets and mining pools

China’s internet censorship machine has expanded to include crypto media outlets and mining pools in a continued attempt to minimize Chinese users’ exposure to the crypto market ecosystem. Chainnews, one of the major Chinese crypto media outlets established since 2017, is now shutting down all channels of content production and distribution. Meanwhile, Chinese internet service providers have taken further steps to detect and block domestic miner IPs from connecting to major mining pool services, based on a China Telecom document …

The story behind a massive bitcoin mining heist in China

Quick Take To outsiders, the recent arrest of a former Chinese official for “supporting” a local crypto mining business may appear to be a direct outcome of China’s ongoing crackdown on crypto mining. But the backstory actually stretches back more than three years, and what he is accused of doing is far more than just supporting a crypto mining business. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The …