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...

New Tech to Make Individual Crypto Transactions KYC-Compliant From Wallets

Aug 10, 2019

If more exchanges adopt a new technology that makes the know your customer (KYC) process to be embedded in each users' wallet, then the days of questioning whether Virtual Asset Service Providers (VASPs) are KYC/AML compliant may be over soon. The technology, which could also ...

Huobi Upgrades HUSD to USD-pegged HUSD Token

Jul 18, 2019

Top cryptocurrency exchange Huobi is upgrading its current HUSD solution, transitioning it from a stablecoin basket to a new, USD-pegged stablecoin, HUSD Token. Huobi is going to move from using its HUSD token in the existing stablecoin-based system to a system that will see it...

Huobi Burns 116 Percent More Tokens Amid Quarterly Revenue Gains

Jul 16, 2019

Huobi, a major Chinese cryptocurrency exchange, has taken steps to reduce the supply of the token that powers its decentralized platform, Huobi Token (HT), in a quarterly burning event. The exchange removed 14,011,700 tokens from a 310,318,300 market supply, at a rate that is 116 percent...