Wed. Jun 12th, 2024

Popular Chinese Crypto News Site, ChainNews Clamps down.

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ChainNews, one of China’s leading crypto news sites, closed its operations today, co-founder Feng Liu told global crypto news outfit in a Twitter message.

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Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot obtained by CoinDesk.

On Nov. 15, ChainNews said its website would be down for maintenance for a few hours, but that the team would continue posting news on its Telegram channel and Twitter account. The news site has gone silent in both platforms since Nov. 25.

The closure follows China’s Sept. 24 statement that it would step up censorship of crypto news sites along with its escalated crackdown on trading and mining.

Liu refused to comment further on the closure.

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