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Category Archives: Bitcoin

Turkey the Crypto King of the Middle East: Report

Sep 18, 2020

Decrypt

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...

Crypto Interest Rising Between Africa, China

Sep 17, 2020

Olusegun Ogundeji

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...

ETH Withdrawal Frenzy in China as DEX Mining Runs Rampant

Sep 8, 2020

Vincent He

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...

Date Set for First Litecoin Mimblewimble Testnet Launch

Sep 8, 2020

Olusegun Ogundeji

Following its August progress update, the developer of Grin++ who has been working for several months with the founder of Litecoin, Charlie Lee and others, to design a Mimblewimble extension block has disclosed the date for the anticipated launch of the feature which is expected to bring co...

Bitcoin Running on Weibo as the Price Plunged Below $10K

Sep 4, 2020

Vincent He

In less than 24 hours, the price of bitcoin Bitcoin dips below to three-month low of $9960, according to data from qkl123. The largest cryptocurrency then went viral on Weibo. Weibo trends show that the hashtag #Bitcoin# has been the eighteenth-most popular search terms on the countr...

Police Raided Korean Crypto Exchange Bithumb, Says Report

Sep 3, 2020

Decrypt

South Korea’s largest crypto exchange has reportedly been accused of fraud for pre-selling its BXA tokens and never listing them. The Seoul Metropolitan Police Agency's Crime Investigation Unit has seized and searched the largest South Korean cryptocurrency exchange Bithumb in a fr...

Ethereum Miners Are Making $800,000 Per Hour

Sep 2, 2020

Decrypt

The daily revenue from Ethereum transaction fees more than doubled in just one day—and it keeps growing. Just a day after yielding over half a million dollars in transaction fees in one hour, Ethereum miners’ average hourly revenue surged to $800,000 today, according to crypto analytics...

BSV Set for First Chinese-Language Developer Conference

Aug 25, 2020

Olusegun Ogundeji

The first Chinese-language edition of the Bitcoin Satoshi Vision (or BSV) Developer Conference is set to hold between Aug 29 and 30. Dubbed Bitcoin SV DevCon, the event is produced specifically for Chinese-speaking developers in China and other countries as they form an audien...