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Shaurya Malwa · 1 week ago · 2 min read
The decentralized finance (DeFi) crypto market has dominated both charts and headlines in the past few months, with some heralding the nascent, yet billion-dollar, crypto sub-sector as the next frontier for attracting capital and retail participants.
Over the past few years, Chinese authorities have undergone a strong crackdown on most things crypto in the country.
The ongoing rush for “yield farming” in the crypto market has reportedly led to Chinese investors withdrawing funds from exchanges in the country to lock them up on obscure protocols that promise high yields, said local outlet WuBlockchain earlier today.
Wouldn’t it be weird if the first thing you saw in your morning newspaper was a massive Bitcoin logo? Well, that’s what happened on August 24, when readers of the popular Hong Kong newspaper the Apple Daily were treated to a full-page advertisement promoting the leading cryptocurrency.
Chinese citizens moved over $50 billion from the country using Tether to avoid upcoming capital flight rules, reported news outlet CNBC.
China’s ByteDance and its extremely popular social media app TikTok are in turmoil in the US as President Trump has threatened to ban the application if a merger with a US company, namely Microsoft, does not occur by September 15th.
BSN, a Chinese government-backed blockchain platform, has just launched its official international website.
Accredited investors in Hong Kong are facing scrutiny from wealth managers and banks globally — the latter searching for investor ties to a pro-democracy narrative.
Decentralized finance (DeFi) applications are driving growth in the cryptocurrency market in 2020.
China’s regulatory approach to blockchain and cryptocurrencies is not going unnoticed, and it has caught the attention of Ripple CEO Brad Garlinghouse.
Ethereum co-founder Vitalik Buterin needs no introduction.
England’s premier bank announced Monday it is considering digital currency research and development.
A scam involving fake crypto exchange tokens, fast sports-cars, and mansions had all the ingredients of a Hollywood thriller—minus the bad guys going scot-free in the end.
The Hangzhou International Blockchain Week 2020, one of the largest blockchain and crypto conferences in China, put a heavy focus onto mainstream adoption, with influential figures from the industry discussing the ways hundreds of millions of users could be drawn to the space.
The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week.
If you’ve been on Crypto Twitter over the past few days, you’ve likely seen the video seen below.
Dramatic moves in Chinese stocks over the past week are causing analysts to draw comparisons with 2015’s bubble.
Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the United States and China are a major catalyst.