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Nobel Laureate Economist Bengt Holmstrom: Bullish on Blockchain But Skeptical of Bitcoin

Dec 25, 2018

Bengt Holmstrom, the Nobel Memorial Prize in Economic Sciences of 2016 and professor at the Massachusetts Institute of Technology, is the latest well-distinguished economist who takes a dim view on bitcoin. Though skeptical of bitcoin, the laureate has an opposite attitude towards the ...

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China Updates Crypto Ranking, EOS Still on Top, BTC Downgraded Again

Dec 22, 2018

China has updated its government-sponsored rankings of major cryptocurrencies this month, downgrading Bitcoin to 18th spot from the 13th place in the previous month, while EOS and Ethereum are still favored, maintaining the top spots. For the eighth month in a row, the China’s Center fo...

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Bitcoin Miner Maker Ebang Updates Its Hong Kong IPO Application

Dec 21, 2018

Ebang, or producer of Ebit miner, the leading Chinese bitcoin miner manufacturers, has filed its updated application for a Hong Kong IPO on December 20, days before it expires. The Hangzhou-based company is the third largest cryptocurrency mining equipment maker in the world after Bit...

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Bitcoin Price Bounces Back Above $4,000, CCTV Report the Surge

Dec 21, 2018

The price of bitcoin and the rest of the top 10 cryptocurrencies spend another day in the hilarious green as prices surge again. For the first time since this December 4th the bitcoin price is above $4,000 again. The largest cryptocurrency Bitcoin has continued to lead the rebounce of the cr...

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Converse with the Biggest Bitcoin OTC Dealer Zhao Dong on His 5 Years in Crypto

Dec 20, 2018

Zhao Dong, known as one of China’s most influential bitcoin billionaires, has many titles. He was co-founder of Moji Weather, CTO of Garage Café, the birthplace of Chinese bitcoin community. He later became an early bitcoin adopter after selling his stake in Moji plus his house for b...

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‘Crypto Millionaire’ Tosses $12M in the Sky is Actually A Fraudster

Dec 19, 2018

Last Sunday, a video of a self-assumed ‘crypto millionaire’ sprayed more than $12 million worth of HK dollars in the air at one of Hong Kong’s poorest neighborhood of Sham Shui Po, which caused a crowd of bystanders into a frenzy. According to CCN, the 24-year-old man, named Won...

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Despite Market Downturn, Interest in Cryptoasset Education Strong

Dec 19, 2018

Interest in investing in crypto assets is growing but lack of education is preventing online investors from purchasing the asset, says a new survey. Google’s trend explorer last month showed that the weekly number of worldwide searches for the keyword “bitcoin” reached its highest levels sin...

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159 Million USDT Transfer Between two Binance Wallet Addresses

Dec 18, 2018

December 17, it was reported that there is a whopping transaction between two Binance addresses with a total amount of 159 million USDT (Tether). According to Wallstreetcn, leading business news provider in China, the large amount USDT transaction took place at around 21: 40 Beijing...

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Only Binance and Bitfinex Do Not Wash Trade Their Volume, Report Finds

Dec 18, 2018

Crypto exchanges Binance and Bitfinex are the only two not found to be massively boasting their trading volume, according to a recent report released by Blockchain Transparency Institute. As per the December report conducted by the institute, among the analyzed top 25 BTC trading pair...

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Marking 2017’s All-Time-High Record, Report Highlights Crypto Market Positivity

Dec 18, 2018

The crypto space is celebrating a year since the price of the top cryptocurrency, Bitcoin, reached its all-time high of about $20,000. The anniversary coincides with the release of the second global crypto asset benchmarking study by a team of researchers at the University of Cambridge's Judge...