As Many Cryptos ZhenFund Invested In Fell 98%, Angel Investor Xu Xiaoping Has Reportedly Exited Cryptocurrency Sector

Dec 4, 2018

In the protracted crypto bear market, Bob Xu Xiaoping, one of China's most celebrated angel investors and a blockchain enthusiast, has reportedly exited the cryptocurrency and blockchain space as he removed all blockchain-related content from his official Weibo account. Xu started Z...

Crypto Giant OKEx Has Delisted a Quarter of Crypto Tokens

Dec 4, 2018

OKEx, one of the world’s most popular cryptocurrency trading platforms, has delisted more than 180 trading pairs and 150 plus bad-performing tokens so far amid the slump of the crypto market. As the crypto markets are seeing large corrections, the lucrative crypto exchanges have been removin...

OKEx Is Delisting Another Batch of Crypto Trading Pairs Over Weak Performance

Nov 28, 2018

Hong Kong-based cryptocurrency exchange OKEx will delist the third batch of trading pairs due to their weak liquidity, according to an announcement published on November 27. As per the announcement, the exchange will halt the trading of a swathe of crypto pairs that they cite as having wea...

Former Governor of China’s Central Bank: Encourage Competition in Digital Currency

Nov 19, 2018

Zhou Xiaochuan, president of the China Finance Association and former governor of China’s central bank, or People’s Bank of China (PBoC), said on November 18 that the central bank encourages competition in the sectors of digital currency and electronic payment, but the consequence sho...

The First-ever BTM Payment in Real World – Instant and Cheaper for SeaRates Shipment

Oct 23, 2018

On 22 May 2010, a BTC fan named Laszlo Hanyecz bought two pizzas delivered by Papa John’s for 10,000 bitcoins. While being worth $30 at that time, Hanyecz pizzas would now cost more than $60mln at current bitcoin price. This thus kicks off cryptocurrency’s real-world use as a payment m...

Seasoned Crypto Investor Could Still Earn a Porsche in a Day despite the longlasting Bear

Oct 22, 2018

2018 has seen more sideways and downside potential in the cryptocurrency price due to tightened regulations, sluggish retail demand, hesitation from institutions and declining global economic. Bitcoin is being inactive around $6,500, most altcoins are plunging even to zero, and stablecoin USD...

China among Emerging Countries Leading in Cashless Payments: Report

Oct 19, 2018

A non-cash boom is being driven by developing markets, and these emerging markets are becoming increasingly important players in the adoption of cryptocurrencies. The U.S. continues to dominate in terms of numbers of non-cash transactions reaching 148.5 billion transactions, according to the ...

Crypto Giants Elbow into Top Richest in China

Oct 10, 2018

As the rapid rise of the blockchain and cryptocurrency industry, crypto giants in China are particularly eye-catching. According to the Hurun China Rich List 2018 released on October 10, big names in the crypto space have been seen on the list for the first time. Bitmain’s founders Micr...

China’s First Hotel to Accept Ethereum Payment

Sep 28, 2018

September 24 - A hotel in southwest China featured by accepting Ethereum payment has opened today, named Ether Hotel (Yitai in Chinese pinyin). Front view of Ether Hotel The hotel is supposed to be the first in the country, and perhaps the first in the world, to openly allow guest...

Binance CEO Chaopeng Zhao: Build a Decentralized Financial System in Full Speed

Sep 26, 2018

“From $0.003 in the first transaction of BTC in 2010, to $6,000 support in 2018, BTC has grown 2,000,000 times in the last 7 years. Let's dare the crypto market will do 1/2000th of that in the next few years? 1000x.” – Chaopeng Zhao Chaopeng Zhao, the founder and CEO of Binance, ...