Filecoin, the much talked-about decentralized storage network designed to store global information, has now entered what its team describes as "a quiet post-launch monitoring period". The stage, according to them, is to ensure that the network is operating smoothly and to track its performance clo...
On October 10, the Ministry of Public Security of the People's Republic of China held a conference on cracking down on new types of illegal crimes in telecommunication networks. Du Hangwei, Vice Minister of public security said bank cards is an important source of the continuous high inc...
Recently, a USDT OTC merchant from OKEx was investigated by Chinese police as he received black money from a scam. The police found that about 500000 Chinese yuan from a scam flowed into OKEx, then the money was transferred into cryptocurrency through an OTC merchant, which le...
On September 26, a large number of abnormal token withdrawals occurred in the hot wallet of Singapore-based cryptocurrency exchange KuCoin, the total amount of token worth $150 million. Cryptocurrency exchanges like KuCoin use hot wallets as their temporary storage systems for assets tha...
Bitcoin mining difficulty has set a new all-time high of 19.32 T on September 18. It is estimated that the mining difficulty will increase by 9.09% to 21.07 T in the next adjustment, according to BTC.com. Suffering from the high mining difficulty, bitcoin miners there were then tortured...
China’s central bank (PBoC) is cracking down on money laundering since this year 2020. Due to the non-compliance of CNY-Cryptocurrency, OTC traders have long been the targets of severe crackdown from regulators. Up to now, many OTC traders in China have to stop their business. R...
On the afternoon of Sep 18, Han Weiping, chairman of MIX group, said that they would fork Filecoin. A number of miner manufacturers confirmed that there will be a number of subsequent teams will announce fork. Du Jun, the founder of Node Capital, a heavy supporter of Filecoin, said he ...
Turkey is the undisputed cryptocurrency king of the Middle East, with the country adopting digital assets at significantly higher rates than neighboring countries, a new report by crypto forensics firm Chainalysis has revealed. Turkey ranks 29th out of the 154 countries on Chainalysis’ G...
No estimated figure is put to it but the latest Chainalysis 2020 Geography of Cryptocurrency Report suggests that a significant volume of cryptocurrency transactions is now being conducted between Africans and individuals and businesses in other regions — particularly China in Eastern Asia...
In the early morning of June 6, Chinese users found they had difficulties in withdrawing coins from some crypto CEXes (Centralized Exchange). It was reported that the ETH futures in Huobi could not be cancelled, another centralized exchange OKEx also suspended the withdrawal of ETH...
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