China intensifies crackdown on cryptocurrency hype, speculation China’s internet watchdog on Tuesday said it had intensified a crackdown on illegal online information that may lead to speculation and fraud involving cryptocurrency. The move since earlier this year was aimed at protecting people’s property, according to the Cyberspace Administration of China. While urging leading online platforms to fulfill their responsibilities in presenting content, the administration shut down 989 accounts on Weibo, WeChat and Baidu’s online community service, which misled internet users to invest in cryptocurrency, as well as virtual or digital assets. The administration, in joint efforts with other competent authorities,…