2019 Best Year for Bitcoin, DeFi’s Growth to Continue – Asian Data Aggregator

Jan 15, 2020

Amidst reports that the world's total debt load has risen to $253 trillion, or 322% of its GDP, and that the price of Bitcoin surged to a two-month high, Asia's top crypto data aggregator, CoinGecko, has released its year-end report which shows 2019 was not at all bad for the top cryptocurre...

China’s Digital Currency, Encryption Law And DeFi

Jan 2, 2020

China's proposed move to be the first large global economy to introduce a digital version of its fiat currency has been strengthened by an encryption law which became effective on Jan. 1. The law, which was adopted in October according to Xinhua, will regulate government and private uses of ...

Findora’s Charles Lu, Others Predict DeFi Market in 2020

Dec 17, 2019

As the year draws to an end, the branding of 2019 as the year of decentralized finance (or DeFi) seems to have paved the way for industry insiders to make projections on what the coming year would bring for the concept. DeFi has become easily topical even though many are still grappling with u...

Analysis: Chinese Crypto Exchanges’ Financial Products

Sep 18, 2019

Financial products of the major crypto exchange in China are focusing on depositing crypto to generate interest, and the interest comes from the income of leverage trading is lower than the average level; Crypto wallet is the most used access to provide financial products, involving deposit, Sta...

Crypto Exchange Huobi Unveiled a Public Blockchain for Decentralized Financial Services

Jul 2, 2019

Major cryptocurrency exchange Huobi is developing a new public blockchain focused on decentralized financial (DeFi) services in collaboration with Chinese blockchain startup Nervos, according to a press release on July 1. The joint initiative, provisionally named Huobi Finance Chain, i...