The CEO of Circle, a global crypto financial services company, has highlighted China's path to issuing its digital currency as "an example of where China is way ahead (of the US) in terms of technical innovation, in terms of real innovation in payment systems and the way the future of the e...
Talks of Bitcoin's rising dominance to a point of triggering a general altcoins bull season are becoming more frequent. The dominance level has already surpassed the 65% range which got altcoins running the last time to, particularly with the influence of ICOs, swell the total crypto marke...
Chinese gamers take Bitcoin as a cross-border payment to buy steam’s gift card. Steam is a video game digital distribution platform providing automatic updates for users’ games. And gift card is a kind of recharge card for users in steam platform. Chinese gamers prefer to buy gift cards...
Over 30 percent of Chinese cryptocurrency investors polled predict that bitcoin price would surpass $30,000 over the next 12 months, according to a recent survey conducted by a local crypto financing company BabelFinance. The survey, collecting hundreds of valid responses, found that the ave...
While the westerners hyped exchange tokens and alike, the Chinese crypto retail already moved on to speculate sneakers. “You have missed the chance of speculating real estate or bitcoin, so why don’t you take the opportunity to speculate sneakers?” The popular slogan shows trading sneakers ...
Stablecoin issuer Tether is planning to issue a new stablecoin “CNHT” pegged to offshore Chinese yuan (CNH), according to Zhao Dong, a shareholder of Tether’s sister company Bitfinex. Zhao revealed Tether’s big move via his WeChat moment on August 21, saying that Tethe...
“How Do Private Currencies Affect Government Policy?” This central question is the focus (and title of) a newly published academic paper authored by NYU School of Law professor Max Raskin, McGill University Desautels Faculty of Management professor Fahad Saleh and NYU S...
Bitcoin offered the first smart contract programming language the world had ever seen. Script, as this language is called, lets users encode different conditions under which coins can be spent. But while this was a revolutionary concept, it’s not easy to use, especially for more complex spending...
The crypto space has recently been in an uproar over the PlusToken scam which made off with a whopping $3 billion fraudulent fund. That would make it the biggest crypto Ponzi scheme to date. Almost at the same time when PlusToken went bust in early July, another Chinese Ponzi scheme th...
How to ensure the security of crypto assets in exchanges has long been a hot issue in blockchain industry as KYC data leak or assets stolen frequently occur. We can’t ignore the issue that how do those stolen crypto assets be laundered. By Boss of Decentralized Crypto Exchanges It...
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