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Tag Archives: Cryptocurrency

China’s Hainan Reserves Big Concessions for Crypto Industry

May 18, 2020

Vincent He

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...

How Wrapped Bitcoin trading is evolving on Kyber

May 15, 2020


Wrapped BTC (WBTC) surges as it becomes an accepted collateral asset Wrapped Bitcoin (WBTC) went live on Ethereum at the beginning of 2019. It is an ERC-20 token backed 1:1 with real Bitcoin and is intended to capture the benefits that can result from the tokenization of the B...

China Crypto Roundup (May 5- May 11): Bitmain Internal Struggle Escalates, CCTV Talks about Bitcoin Rally ahead of Halving, Shanghai Court Rules Bitcoin a Virtual Asset

May 11, 2020

lylian Teng

While the bitcoin world is preparing for the imminent halving of the block reward, bitcoin mining giant Bitmain’s internal power struggle is escalating into a physical brawl, Chinese national media talked about the latest bitcoin rally, and a Shanghai court ruled that bitcoin is a legal propert...

Crypto Investment AMA on 8btc | Which Mode is Better?

Apr 24, 2020

Vincent He

Cryptocurrency, because of its price volatility, has become the first choice of many investors: individual investors buy and sell a cryptocurrency, while analysts provide advice. More crypto investors are looking for new opportunities as the definition of cryptocurrency investment is no longer lim...

How the Ethereum DeFi Ecosystem Reacted to Coronavirus?

Apr 10, 2020


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...

Microsoft Seeks Patent for Crypto System Using Body Activity Data

Mar 28, 2020

Olusegun Ogundeji

Microsoft is entitled to apply for and be granted a patent for a first claim (claim 1) to use human body activity associated with a task provided to a user for a mining process of a cryptocurrency system. According to the International Application Status Report of the filing, first made in Ju...

China Gets One Step Closer to CBDC

Mar 25, 2020


The People’s Bank of China (PBoC) has reportedly finished the first-technical-step of developing its sovereign digital currency. Yet, the launch date is still vague; now the central bank needs to come up with relevant laws for its circulation, and that can take even more time. An anonym...