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E-CNY Realizes Synchronously Online and Offline Payments Within 0.5 Second in China’s Suzhou Trial

Dec 15, 2020

Suzhou pilot has multiple innovation scenarios, with more than 10000 offline merchants participating At 8 PM last Friday, more than $3 million dollars in digital yuan was airdropped to 10 thousand residents of Suzhou. The lucky ones now suddenly each had RMB 200, an equivalent of $30, i...

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Binance, Huobi, OKEx Still Top Holders of Bullish Bitcoin Even as Exchanges’ Supply Drops

Dec 9, 2020

The current circulating Bitcoin supply (2.4M BTC) held in exchange wallets has reduced from 16% at the beginning of the year to 12.9%, latest data from Glassnode shows. Along with the analysis comes its finding that Coinbase (4.9%), Binance (1.6%), Huobi (1.1%) and OKEx (1.1%) remain t...

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Wrapped Token’s Bridge of Filecoin with Ethereum’s DeFi A Boom for Miners

Dec 4, 2020

Chinese miners' influence on the Filecoin ecosystem is set to get bigger with the Wrapped Filecoin (wFIL) launch of its mainnet to bridge Filecoin's decentralized storage network with Ethereum. The wFIL mainnet will enable Filecoin (FIL) miners to “borrow+convert renFIL to na...

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2020 Bitcoin ATH Unique to 2017, Tells a Different Story

Dec 3, 2020

In the last hours of November 2020, the price of Bitcoin hit a new all-time high of $19,891. It’s a slight rise from the previous record of $19,766 but it is surely an indicator of the strength the cryptocurrency space has muzzled thus far. It also tells a different story of what was the case ...

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Bitcoin Skyrocketing to Hit All-time High of Just Under $20,000

Dec 1, 2020

During the last hour of November 2020, bitcoin price skyrocketing to hit all-time high. Nearly three years after it went on a hair-bending rise and hit a peak of $19,766, bitcoin gained a daily increase of 9.17% last night. The turnover of bitcoin in 24 hours was 26.69 billion US dollars, ...

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Compensation and Rewards Not Enough To Keep OKEx Disgruntled Users

Nov 30, 2020

After five weeks of restricting withdrawals from its platform, OKEx has resumed full services. However, disappointed users have expressed their reluctance towards returning to the platform, at least in full capacity. This is coming despite the promise of a compensation plan and rewards program...

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Over 12,549 Bitcoins Move to Binance After OKEx Resumed Withdrawal

Nov 27, 2020

Data from CoinHolmes show crypto assets from OKEx mainly flowed to Binance, Huobi, Bitfinex by 10:00 a.m. on November 27 after the exchange resumed the withdrawal. Among them, nearly $250mln worth of mainstream crypto assets flowed from OKEx to Binance, including 12549 BTC, 2953977...

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India’s Rising Crypto P2P Volume Threatens to Surpass China

Nov 27, 2020

India is on the verge of surpassing China as the leader in the Asian peer-to-peer (P2P) cryptocurrency trading volume, according to the latest finding from Arcane Research. Generally, frontier markets have seen strong growth in the cryptocurrency P2P space as evidenced in both lower com...

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Huobi Likens Decentralized Storage Revolution to DeFi’s as Filecoin Hits 1 Bln GiB Capacity

Nov 25, 2020

The Huobi Group has likened the Filecoin ecosystem's potential to the decentralized finance DeFi) revolution - which has seen a surge in 2020 - saying decentralized storage solutions, such as Filecoin, will lead a new wave of blockchain revolution and bring more innovation opportunities to de...

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China Controls Bitcoin, Could Turn Crypto to Next 5G Race – Insiders Say

Nov 20, 2020

From a top government official discussing cryptocurrency regulation during a US House of Representative Committee on Financial Services hearing on Nov. 12 to Ripple CEO, the narrative that China controls the world's top cryptocurrency, Bitcoin, is back in the news. Brian Brooks, ...