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Tag Archives: DeFi

Liquidity Mining in Chinese Traditional Crypto Miners’ Eyes

Sep 15, 2020

Vincent He

Liquidity Mining has evolved into a low rumble as more and more people get interested, including Chinese crypto players. But what do traditional crypto miners in China think of liquidity mining? Capital is not safe in liquidity mining Traditional POW miners focus on machine, coin ...

China Crypto Roundup (Sept 7- Sept 14): ETH Withdrawal Frenzy in China as DEX Mining Runs Rampant, Bitcoin Miners in Short Supply in China, China’s BSN in Line With Open Finance Concept

Sep 14, 2020

Vincent He

The top stories from the Chinese cryptocurrency sphere this past week includes: ETH stocks in centralized exchanges are declining rapidly as DEX mining runs rampant, Bitcoin miners in short supply as Chinese manufacturers’ capacity inadequate, China’s BSN, digital silk road in line w...

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...

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...

8btc Interview | How Mooniswap Brings Security and Innovation

Aug 26, 2020

Wendy

Decentralized exchange (DEX) is arguably one of the oldest DeFi applications. Curve, Balancer and Uniswap are currently the top three in the DEX market, with more than $1.6 billion locked in as of press time. DEX can process transactions in a permissionless and decentralized wa...

Defi Frenzy Makes ETH Miners Laugh

Aug 13, 2020

lylian Teng

As the decentralized finance (DeFi) sector is booming at a startling rate, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon. Data shows that the transaction fees have recently accounted for over half of the ...

Chris Lee Resigned as CFO of Huobi, and Huobi’s DeFi Ambition

Aug 11, 2020

lylian Teng

Li Shufei, also known as Chris Lee, has just left his roles as executive director and CFO of crypto exchange Huobi due to his desire to start his own business, announced the company on August 10. Chris Lee joined Huobi in May 2018 after resigning from his former post as CEO of riv...