THIS NEWSLETTER IS SPONSORED BY |  |  | China's crypto censorship reaches over news outlets and mining pools | Quick Takes - Chainnews, one of the major Chinese crypto media outlets, is shutting down.
- Meanwhile, the domains of major crypto mining pools have almost simultaneously become inaccessible for normal China IP addresses.
| 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 seen by The Block.
These moves are signs that China is not loosening its grip over the crypto industry even if its most severe crackdown efforts ever since the summer has already dampened retail interests and forced businesses and executives to either cut ties with the Chinese market or physically move overseas.
Earlier this month, the mobile apps and web domains of at least three major Chinese language crypto media outlets — Chainnews, ODaily and BlockBeats — all became inaccessible almost at the same time. Since then they have switched to their official Telegram channels to distribute newsflashes to subscribers and changed to new web domains. | | |  | Crypto data firm DappRadar set to launch its own token | DappRadar, a crypto startup that provides data to analyze decentralized applications (dapps), is set to launch its own native token called radar. | Tanzania has begun preparations to launch its own central bank digital currency | Bank of Tanzania, the country's central bank, has begun the process of launching its own digital currency. Governor Florens Luoga reportedly revealed the news at the central bank-organized 20th Conference of Financial Institutions (COFI) on Thursday. He said, "the Bank of Tanzania has already begun preparations to have its own CBDC" to ensure that the country is not left behind the adoption of CBDCs. | Hillary Clinton wants crypto regulation to protect the dollar's reserve status | Former US secretary of state and two-time presidential candidate Hillary Clinton has called for increased regulation of cryptocurrency markets in an interview with MSNBC. | | | THIS NEWSLETTER IS BROUGHT TO YOU BY |  | The traditional technology you are using is not built for crypto assets. Lukka is the leading provider of middle and back-office software and data to companies that work with crypto and digital assets.
Lukka solves the very unique complexities of crypto (and blockchain) data for businesses so that they can adopt digital assets into their businesses.
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Lukka's customers are the largest, most complex crypto asset businesses in the world, major financial institutions and financial services providers, and CPA and tax practitioners. Lukka's partners include State Street, S&P, IHS Markit, and AICPAs subsidiary CPA.com. Lukka can help your company. Lukka can help your company find the right product to simplify your company's crypto middle and back-office needs. Learn more about how Lukka can help your company navigate the complex challenges of crypto and blockchain at Lukka.tech | | | The Role of Bitcoin in the Modern Portfolio — Brought to you by iTrust Capital | 12:00PM (EST) / 9:00 AM (PST) | Join The Block's Research Lead George Calle for a look at the evolving role of bitcoin within the modern investment portfolio.
Featuring:
Nate Conrad, Global Head of Asset Management, NYDIG
Noelle Acheson, Head of Market Insights, Genesis
Chris Kuiper, Director of Research, Fidelity Digital Assets
Anthony Bertolino, VP of Growth, iTrust Capital | | | Escaping the Earth Dec 14 with a New Play-to-Earn dMMO | Developed by SUPERNOVAE, the team which pioneered the NFT gaming back in early 2018 with their city-builder strategy MegaCryptoPolis, the new decentralized MMO game Farsite offers players a new playable world to leverage their cNFTs. | | | - A virtual land plot in the Axie Infinity NFT game sold for a record price of 550 ether (about $2.4 million) on Wednesday.
- Avocado Guild, a blockchain gaming startup similar to a16z-backed Yield Guild Games, has raised $18 million in a Series A funding round.
- UK crowdfunding platform Crowdcube has raised $13.5 million from payments infrastructure company Circle in a bid to expand into Europe.
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