Possible Exit Scam? China’s Investors Lost Over 100 Million Yuan in This All-in-ONE Crypto Dapp

Jan 17, 2019

A Chinese man claimed to have been duped into investing in an alleged crypto scam, losing a total of 2 million yuan (about $300,000). The cryptocurrency project known as OneChain amassed hundreds of millions of yuan from thousands of investors through an initial coin offering (ICO) last year...

China’s Analysts Say Cryptos May Not Make a Big Comeback in 2019

Jan 5, 2019

2018 was a rough year for the cryptocurrency space as bitcoin and other altcoins lost some 80 percent in value over the last 12 months. As 2019 kicks off, crypto investors are eager to know whether this year will be better year for the market than 2018. As of today, the the 2018 price rout ...

China State TV Reports the Crypto Misery in South Korea

Jan 2, 2019

Cryptocurrency companies and investors in South Korea, a major crypto and blockchain hub, are taking a beating as the crypto mania comes to a halt in 2018 and the market continues to bleed with no end in sight, China's Financial Channel (CCTV-2) reported January 1. According to th...

Can a Crypto ATM Go Into Service in China?

Dec 30, 2018

Can a cryptocurrency ATM functions normaly in mainlan China as an easy avenue to trade bitcoin in mainland China amid amid Beijing’s escalated crackdown on crypto tradings? A Shenzhen-based blockchain startup showed how a Bitcoin ATM works at the China Hi-Tech Forum 2018 whi...

934 Cryptocurrency Projects are Dead Amid Bear Market

Dec 29, 2018

Cryptocurrencies have a bad year in 2018. Bitcoin, the world’s largest crypto by market cap has dropped over 80 percent over the past 12 months from its all-time high of $20,000 in late 2017, and an increasing number of ICO tokens are going to zero, becoming zombie tokens. Coinopsy and...

Chinese Survey: Nearly 40% of Respondents Would Like to Invest in Bitcoin Despite Prolonged Bear

Dec 29, 2018

A remarkable 82.81 percent of Chinese polled think buying cryptocurrencies is a trendy investment and 40 percent say they would like to invest in cryptos in the future despite the current bearish market, a survey by a local crypto news media PANews found. The survey, claimed to be the large...

India Mulls Legalizing Cryptos as Indian Whatsapp Users Await Stablecoin

Dec 29, 2018

India is finally looking to accept crypto use as legit in its second largest population market although with some strict rules. That's according to the general consensus among the second interdisciplinary committee that met recently in the country. Members agreed that "cryptocurrency cannot be di...

Binance Sets 7 Big Goals for 2019

Dec 28, 2018

2018 is a dismal year for the cryptocurrency industry as nearly every major cryptocurrency falls at least 90 percent from its all-time high. But Binance, the world’s largest crypto exchange by the trade volume, has managed to stand out by pushing through a massive expansion internally and interna...

75% People Vote Cryptocurrency As Their Favourite Christmas Monetary Gift

Dec 25, 2018

Of late, Insight Chain (INB), a blockchain-based decentralized research ecosystem chain, has launched a follow-up survey of Bank of England’s poll of the most popular monetary gift at Christmas. Results show the majority of people prefer to receive cryptocurrency as their Christmas mone...

EOS’s Gloom: Real Users Account for 30% and 8 Million Yuan Lost to Hackers in Last Six Months

Dec 7, 2018

EOS, the world’s eighth largest coin by market cap, has been down by over 50 percent over the past week amid global bearish sentiments. The token’s sharp price drop correlates with an increasing number of phantom accounts and hacking incidents hitting the blockchain which is commonly touted...