Daily Crunch: China considers Bitcoin mining ban

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1. Regulators in China are weighing a ban on Bitcoin mining

Cryptocurrency mining has become the latest target for the Chinese government seeking to phase out industries considered to be a drag out the country’s economy.

The National Development and Reform Commission, the top economic planning agency in the world’s largest marketplace for bitcoin mining, released a list of sectors it plans to promote, restrict or eliminate. Crypto mining, the process of creating Bitcoin and other digital currencies through the use of computing power, was namechecked.

2. To cut down on spam, Twitter cuts the increasing numbers of accounts you can follow per day

The idea with the new limit is that it helps prevent spammers from rapidly growing their networks by following then unfollowing Twitter accounts in a “bulk, aggressive or indiscriminate manner” — something that’s a violation of the Twitter Rules.

3. Apple could release a 31.6 -inch 6K external showing this year

Analyst Ming-Chi Kuo has released a new report about future Apple products.

( From left to right) David Liu, Chief Product Officer; Bernie Xiong, Chief Technology Officer and Co-Founder; Anita Ngai, Chief Revenue Officer; Eric Gnock Fah, Chief Operating Officer and Co-Founder; Ethan Lin, Chief Executive Officer and Co-Founder( PRNewsfoto/ Klook)

4. Travel activities platform Klook creates $225 M led by SoftBank’s Vision Fund

Klook was founded in 2014 and it serves as an activities platform for users who travel overseas. That covers areas like visits to adventure parks, scuba diving, more localised tours or basics — all of which can be found and paid for using Klook’s platform.

5. UK sets out safety-focused plan to regulate internet firms

The government is now proposing a mandatory responsibility for platforms to take reasonable steps to protect their users from a range of damages — including but not limited to illegal material such as terrorist and child sexual exploitation and abuse.

6. Don’t worry, RED’s $ 1,595 titanium Hydrogen One is ultimately shipping

Fear not, the Titanium version of RED’s wholly ridiculous Hydrogen One is ultimately here. And yes, it costs as much as you remember.

7. Dote creates $12 M and introduces live-streamed Shopping Parties

Shopping Party lets influencers to share live video while browsing different products on Dote and chatting with fans.

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