Chinese have established most of the major crypto exchanges and miner makers over the world, however, there is still no progress in China's cryptocurrency compliance. China’s authority still defines cryptocurrency like Bitcoin or Ethereum as a virtual commodity—people can hold it at their...
Bitcoin has just gone through a much-hyped adjustment that reduced the rate at which new coins are created. However, the halving is fatal for miners. As far as real-time income is concerned, under the condition that the computing power and difficulty of the whole network remain unchanged, mine...
At the 8btc Global Partner Online Summit, Xu Kun (CSO of OKEx), Zhi Ge (co-founder of BiBull), Zhong Lifei (Technical Operation Director of Bytom) along with Wang Tianqi, Leader of QKL123), discussed predecessors and successors of crypto exchanges. The 8btc Online ...
Three major crypto exchanges are all involved in the mining pool business. On April 1, CZ, founder of Binance, revealed on twitter that the platform is set to roll out its own crypto mining pool. Later, Binance’s mining pool reportedly that had hired former employees from Bitmain and attra...
March 2020 witnessed the most volatile day in the price of cryptocurrency ever. Hence it was no surprise the Ethereum DeFi dapp category – as tracked by DappRadar also experienced an all-time high in terms of daily active unique wallet activity. As previously discussed. 12 March 2020 sa...
CZ, the founder of Binance said in online AMA post-acquisition that CoinMarketCap(CMC) is one of the most valuable crypto charting platforms with a large number of users. Binance's acquisition of CMC (undisclosed sum) is not to transfer CMC’s user flow to Binance, but to co-cons...
More and more crypto speculators in China began to trade futures with high leverage. In this case, if the currency price rises by 1%, their assets can be doubled, on the contrary, if the price falls by 1%, they will lose their accounts. This is a very high-risk game, the crypto space has beco...
China’s central bank released in a long post lashing out at the cryptocurrency trading platforms titled “3.15 Protection of Financial Consumption Rights and Interests” on March 22. The post displays three problems existing in the crypto exchanges by several pictures as follows: Cl...
From 12:00 a.m. on March 12 to 12:00 a.m. on March 13, 2020, bitcoin dumped from $760, first to $5500 in just 24 hours. In the following years, the market value of the company was down to $3600 and lost $55 billion market value. BitMEX is suspected of finally stopping the avalanche of pri...
For crypto exchanges, the launch of its own public chains is more symbolic than actual significance as commercial propaganda. On the afternoon of February 29, many users received a post sent by Huobi official: Huobi global decides to burn 97.3423 million unissued HT in the operation part....
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