Chinese cryptocurrency media outlets suspend websites as Beijing shows zero tolerance on virtual assets
- ChainNews tweeted Monday that its website would suspend service for up to 10 hours for ‘upgrade maintenance’, but the site remained down on Wednesday
- The Twitter accounts of ChainNews and Odaily provided links to their Telegram channels, where they continue posting news and interacting with readers
Popular Chinese cryptocurrency news outlets ChainNews and Odaily have become inaccessible, as Beijing continues its crackdown on the trading and mining of virtual assets.
ChainNews tweeted on Monday that its website would suspend service for eight to 10 hours “due to upgrade maintenance”, but the site remained down on Wednesday both inside and outside China.
Odaily, an online site covering cryptocurrency and non-fungible tokens, has also gone offline in recent days.
Neither company immediately responded to a request for comment on Wednesday.
It is unknown whether the two sites plan to switch to using overseas servers to avoid Beijing’s regulatory wrath, as many Chinese cryptocurrency trading, mining and information services have already done.
The Twitter accounts of both news outlets provided links to their channels on the messaging app Telegram, where they continue posting news and interacting with readers. Both Twitter and Telegram are banned in China.