Crypto Exchanges Sit on the Fence after Hong Kong Set New Rule for Crypto Exchanges

Nov 11, 2019

On October 6, Hong Kong’s Securities and Futures Commission (SFC) released a set of guidelines to pave the way for the issuance of operating licenses to cryptocurrency exchanges based in the city. Most of Chinese crypto exchanges sit on the fence apart from OKEx. Under the ne...

99% Crypto Assets Without Insurance, What Hinders it?

Oct 14, 2019

The latest statistics show that the number of crypto holders over the world has exceeded 70 million, and the market value of crypto is approaching $300 billion. However, the amount of insurance premiums available for crypto industry is less than $1 billion. Today, the total income of insurance f...

Over 70 Venture Capitalists Scramble for Crypto Exchange Investment in China

Sep 26, 2019

In view of the short payback period, more and more Chinese capital groups are flooding into the crypto exchange investment. Statistics show that 58 financing incidents occurred in the field of crypto exchanges from January to August in 2019, with more than 70 capital groups invested in crypto e...

Crypto Exchange Binance to Offer OTC Trading Supporting Chinese Yuan in a Month

Sep 20, 2019

Cryptocurrency exchange Binance is planning to roll out over-the-counter (OTC) trading for Chinese yuan to its platform in a month, says its cofounder and CMO He Yi. He Yi announced the news at a media session on September 17 during the Shanghai Blockchain Week, saying that the e...

Asian Crypto Aggregator Grades Exchanges for Transparency

Sep 12, 2019

Cryptocurrency data aggregator CoinGecko has released Trust Score 2.0 as a ranking system aimed at improving transparency among crypto exchanges. In the first half of 2019, several high-profile cryptocurrency exchange closures and hacks have seen the unregulated space lose more than $270 mil...

Binance Closer to Becoming One-Stop Shop for Crypto Service with All the Recent Developments

Sep 9, 2019

The world’s leading cryptocurrency exchange Binance is about to roll out its U.S.-based branch Binance US in the coming weeks, according to CEO Catherine Coley. Prior to it, Binance never officially operates in the U.S. and has cracked down on U.S. users who could still access ...

Chinese Crypto Exchanges Contends for Crypto Futures Trading Dominance

Aug 19, 2019

Most Chinese crypto exchange giants are scrambling for crypto futures trading dominance. The competition urges exchanges to iterate over the user experience and risk control of crypto futures products. In July, Binance, the world’s largest cryptocurrency exchange by trading volume announce...

Contract Transaction Issues of Crypto Exchange Huobi Caused Widespread Concern

Aug 16, 2019

Actual condition of Huobi contract transaction caused widespread doubt after Huobi announced in Weibo that it has been the leader in contract transaction volume and depth of trading all over the world. The volume and depth of contract transactions is only an official statement, as the user's...

How to Protect Ourselves Against Frequent Crypto Exchange Attacks?

Aug 14, 2019

Past few years have witnessed the frequent crypto exchange attacks, causing many of its customers to lose confidence. With more cyberattacks projected to occur in the future, many traders are starting to lose their nerve. The attacks are putting a spotlight on an area many investors are worrie...

Mineable Coins are Rock Stars for Emerging Crypto Exchange in China

Aug 12, 2019

Since the second half of 2019, "hundreds-fold coin" has been closely linked with "mineable coin". Mineable coins now are popular in emerging crypto exchange in China. As the second quarter of 2019 marks an end, statistics show that mineable crypto assets are the most valued digital currencies...