David Pan

Blog Info CoinDesk
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Stats Has written 24 posts about cryptocurrency

Feb 18 2021

US Lawmakers Looking Into China’s Role in GameStop Pump: Report

Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.

Feb 16 2021

Bitcoin Mining Farms in Texas Offline From Winter Storm

Feb 16 2021 Published at CoinDesk under tags  bitcoin mining bitmain news texas

A rare winter storm in Texas has knocked out most of the bitcoin mining facilities in the Lone Star State.

Feb 08 2021

China’s Blockchain Infrastructure Services Provider BSN Adds Casper to Network

Feb 08 2021 Published at CoinDesk under tags  blockchain bsn casperlabs china mainnet

Casper is an Ethereum competitor that aims to launch in the first quarter of 2021.

Feb 05 2021

China’s State-Backed Blockchain Services Provider Partners With EY to Add Ethereum Compliance Tools

Feb 05 2021 Published at CoinDesk under tags  blockchain bsn china compliance ethereum

The state-sanctioned blockchain infrastructure provider BSN has teamed up with EY to provide compliance services to Chinese Ethereum users in the network.

Feb 03 2021

China’s Central Bank Is Partnering With SWIFT on a New Joint Venture

Feb 03 2021 Published at CoinDesk under tags  china digital yuan news pboc policy & regulation

It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.

Feb 02 2021

Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market

Feb 02 2021 Published at CoinDesk under tags  china dogecoin gamestop markets news

It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.

Jan 26 2021

Bitmain Co-Founder’s Exit Resolves Years-Long Power Struggle as Mining Firm Preps IPO

Jan 26 2021 Published at CoinDesk under tags  bitmain business china jihan wu micree zhan

Bitmain co-founder Jihan Wu is stepping down from his role as part of his settlement with Micree Zhan.

Jan 22 2021

At Least One Key Huobi Executive Is In Custody in China: Sources

Jan 22 2021 Published at CoinDesk under tags  china exchanges global huobi otc

The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.

Jan 13 2021

Chinese Hospital Issues First Electronic Bill on Blockchain

Hainan is one of the few provinces that have successfully incorporated blockchain technology into their public institutions’ online administrative platforms.

Jan 12 2021

Shanghai Government Invests $5M in Blockchain Startup Conflux

The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace.

Dec 28 2020

OKCoin to Suspend XRP Trading and Deposits on January 4

Dec 28 2020 Published at CoinDesk under tags  china okcoin policy & regulation ripple trading

OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. "At 3 a.m. UTC time on January 4, the exchange's users who have borrowed from the XRP/USD margin pair (incl. […]

Cover Protocol May Launch New Token Following Attack

Dec 28 2020 Published at CoinDesk under tags  cover protocol defi hack markets news

Cover Protocol announced it's exploring launching a new COVER token through the snapshot before the attack by a "white hat" hacker on Monday morning.

Dec 22 2020

Huobi Crypto Exchange Returning to US After Winning Nevada Trust License

Dec 22 2020 Published at CoinDesk under tags  business exchanges huobi markets nevada

After an abrupt departure over a year ago, Huobi has now secured a state trust license for its return to the U.S. market.

Dec 15 2020

Amid DeFi Hacks, Nervos and Cardano Join Forces to Improve Smart Contract Security

Dec 15 2020 Published at CoinDesk under tags  cardano nervos smart contracts tech utxo

Blockchain projects Nervos and Cardano are working together to improve the security of UTXOs to reduce smart contract hacks.

Dec 08 2020

Zhou Xiaochuan: The Father of the Digital Yuan

“The PBOC that is not criticized by the public will not withstand the test of history," the current head of the central bank says. Zhou Xiaochuan's legacy – the digital yuan – was sidelined, until it became necessary,.

Dec 06 2020

Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments

Dec 06 2020 Published at CoinDesk under tags  cbdc china digital yuan hong kong news

PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.

Grayscale Sees a New Group of Ethereum-First Investors

"We are seeing a new group of investors who are Ethereum-first and in some cases Ethereum-only," Michael Sonnenshein told Bloomberg.

Dec 05 2020

Cardano to Launch Hard Fork Before Next Major Development Phase

Dec 05 2020 Published at CoinDesk under tags  cardano hard fork news smart contracts tech

The hard fork will introduce the token locking mechanism, one of its most significant new functions, to the mainnet.

Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts

Dec 05 2020 Published at CoinDesk under tags  aml china crackdown global hong kong

The platform will close all its over-the-counter (OTC) trading services because of the risks related to uncertainties from China’s regulatory policies/

Apple Co-Founder Wozniak’s New Venture Lists Token to Help Fund Energy Efficiency Projects

Dec 05 2020 Published at CoinDesk under tags  apple blockchain business energy news

Apple co-founder Steve Wozniak has launched Efforce, a company that facilitates investments in energy efficiency projects via cryptocurrency and blockchain technology.

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