China has seen unregulated capital flight via cryptocurrency surge to $17.5 billion, a 51% increase from 2019’s $11.4 billion, according to a recent report. On January 11, China-based blockchain security firm Peckshield published its “2020 Digital Asset Anti-Money Laundry (AML) Re...
They still rank as the second and third largest cryptocurrency exchanges in the world but OKEx and Huobi have seen better years than 2020 going by data from CoinGecko 2020 Yearly Cryptocurrency Report. The cryptocurrency aggregator presents data showing OKEx saw its dominance fall ...
Although China's regulator have tightened the supervision of cryptocurrency activities, launched investigation, tracing,bank card freezing and other actions, and have achieved initial results. However, due to the characteristics of anonymity, complexity and transnational nature of cryptocurrency,...
Bitcoin, whose price rose from $20000 to $40000 in 23 days, ushered in a wave of price withdrawal. On January 11, BTC's opening price fell from $39674 to $32500, a short-term price dump of 18%. The whole crypto asset market fell at the same time, and the price of mainstream assets such as ...
Bitcoin is not highly concentrated, on-chain analyst, Willy Woo, has said. Rather, it continues to improve its distribution over time. Woo's assertion comes in a series of tweets seeking to break down Bitcoin's distribution based on data. It is to refute claims that the cryptocurrency is no...
Bobby Lee, the founder and CEO of crypto wallet Ballet and BTC bull has come out to share his prediction for the leading cryptocurrency. According to him, bitcoin will not exceed $100,000 for the first price peak if this bull market is going to see a double top like the case in 2013. L...
Editor’s note: the story is written by Pingfeng, a DeFi analyst with 8btc. “Participating in blockchain is a bit like playing Adventure Island. With the progress bar moving forward, you’re driven to follow it closely, otherwise, game over.” This is what I thought about DeFi last A...
Top Chinese blockchain technology company with a strong application-specific integrated circuit (ASIC) chip design capability has announced its plan to start the public testing of its cryptocurrency exchange ahead of its official launch in the first quarter of 2021. Ebang International’s...
GAC NIO, a joint venture between famous Chinese automobile manufacturer GAC Group and the “Tesla of China” NIO Inc., officially announced on Weibo that it would accept bitcoin as means of payment for car purchases, making it the first auto company in China to support bitcoin. ...
The saga of OKEx, one of the largest cryptocurrency exchanges to come out of China, is nowhere near its end. The industry giant has been plagued with controversies for the better part of the last two years, mostly due to the battle between the company’s founders to regain control of the excha...
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