Crypto Market Q3 Main Highlight: Higher Market Cap But Lower Trading Volume

Oct 15, 2021

Compared to Q2 2021, when the crypto market experienced a 20% drop in market cap and 33% drop in trading volume due to factors like China’s crypto mining ban, Q3 saw a 31% increase in market cap but experienced a 47% drop in trading volume, CoinGecko's Q3 2021 Cryptocurrency Report shows. ...

CZ: BSC Serves Users That Ethereum Cannot Serve

Jun 1, 2021

The article is originally written by LatePost, now translated and published by 8btc. Original link: https://mp.weixin.qq.com/s/A6ks1FWNshgsC5E6RlKULw For most of the past year, Zhao Changpeng has spent time in Singapore communicating online from a small room of less than ...

Bitcoin’s Hash Rate Begins to Recover as China’s Security Inspections End

Apr 30, 2021

Earlier this month, the crypto industry was caught off-guard when the Bitcoin hash rate, the overall computing power of the network, saw a steep decline in a matter of minutes. Data from various blockchain explorers showed that the hash rate of some of the largest mining pools in China saw a ste...

Crypto User Index Shows Low DeFi Interest in China 

Jan 29, 2021

While decentralized finance (DeFi) is most popular in Southeast Asia where more than 50% of users use their decentralized applications (dApps), crypto users from China are least likely to use DeFi applications, findings from Binance’s 2021 Global Crypto User Index suggest. 54% of t...

OKEx, Huobi Dominance Shrank in 2020 as Top Exchanges 

Jan 15, 2021

They still rank as the second and third largest cryptocurrency exchanges in the world but OKEx and Huobi have seen better years than 2020 going by data from CoinGecko 2020 Yearly Cryptocurrency Report. The cryptocurrency aggregator presents data showing OKEx saw its dominance fall ...

Crypto Interest Rising Between Africa, China

Sep 17, 2020

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...

China Crypto Roundup (Jun 8-15): 50M Yuan Blockchain Initiative, Bitcoin Mining in College Entrance Exam, Crypto Accounts Frozen, Bitmain Drama

Jun 15, 2020

The Chinese cryptocurrency sphere this past week has seen a 50 million blockchain project give a strong boost into the blockchain industry, bitcoin mining knew by more people in the country as it was included in the country’s college entrance exam, thousands of crypto bank cards frozen, Bitmain’...

Binance Questioned Over Being Still Accessible for Chinese despite Crypto Trading Bans

Jun 10, 2020

Cryptocurrency exchange Binance is still accessible for Chinese residents, despite having left the country amid a government ban on crypto trading in 2017, state-run media outlet China National Radio (CNR) reported. It caught the media’s attention when the exchange’s founder and CEO...

Binance Is Coming Back to China as a Blockchain Education Platform

May 19, 2020

One of the largest cryptocurrency exchanges in the world, Binance, has returned to China despite the all-out ban on digital asset trading in the country. However, as the company’s newest Chinese website showed, it won’t be entering the market as an exchange, but rather as an educational platf...

Steem’s Hardfork Hive has Taken over Steem marketcap

Apr 27, 2020

Hive (HIVE), the recently created token that spun off from decentralized content platform Steemit (STEEM), has seen its value skyrocket after being listed on a major crypto exchange. Last week, Singapore-based exchange Huobi listed the HIVE token on its platform, causing its value ...