News Snapshot:
[Stellar-Based Lightyear Acquires Chain, Forms New Entity] China Is Mining Bitcoin Underground: Report About 20% of the world’s bitcoin miners are estimated to still operate from Chinese soil. According to a report by CNBC, bitcoin miners have found ways to keep operating in China despite the country’s comprehensive efforts to crack down on the industry. China used to be the country with the most significant share of hashrate. But that began to change in May when Chinese authorities began cracking down on Bitcoin and bitcoin mining. The increased regulatory scrutiny led to tangible impacts on BTC miners and exchanges, which...
