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Shares in a range of Chinese crypto-related firms plunged on the ban
By Samuel Shen and Andrew Galbraith
Firms aim to bring advanced fission to energy-intensive process of minting new coins, diversify energy sources used by miners
Chinese cryptocurrency exchange Huobi Global said it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of year
In a bid to go completely paperless and keep board results secure and tamper-proof, the Central Board of Secondary Education (CBSE) has introduced 'Blockchain' technology.
China's latest pronouncement is the culmination of years of attempted crackdown on the rise of Bitcoin and its peers
10 agencies join hands for crackdown; Bitcoin, other coins slump
China's central bank said all cryptocurrency-related transactions are illegal, according to a Q&A statement on PBOC's website
The dollar index stood at 93.226 in early Asian trade, staying not far off Monday's one-month high of 93.455.
Smaller rival ether, the coin linked to the Ethereum blockchain, rose 1% to $3,012 after falling below $3,000 for the first time since early August.
By Anushka Trivedi
(Corrects typographical error in headline)
Asian markets were jittery in volumes thinned by public holidays in China, Taiwan and South Korea
Bitcoin mining generates as much as 30.7 metric kilotonnes of e-waste every year as of May 2021 which is comparable to small IT equipment waste produced by countries like the Netherlands
Crypto inflows amounted to $41.6 million for the week ended Sept. 17, with bitcoin getting the bulk of inflows at $15.3 million, and ether products garnering $6.6 million
Bitcoin dropped 7.3% to $44,127 as of 7:33 a.m. in New York, reaching the lowest level in a week
Bitcoin dropped 5.4% to $45,025 as of 9:49 a.m. in London, reaching the lowest level in a week
Cohen, 65, who has a net worth of $11.1 billion, according to the Bloomberg Billionaires Index, has since thrown himself into the world of crypto in a personal capacity and at his firm