Amid the high regulatory measures introduced by the PBoC local companies have been forced to shut shop and withdraw operations.
China crypto crackdown is far from over — it wants to add Bitcoin mining to the list of ‘eliminated’ industries and over 20 companies have already moved out
China’s top economic planning agency has added Bitcoin mining to the draft list of industries to be eliminated from the country’s economy. After the country’s detailed guidelines to get rid of all …
Huobi COO Zhu Jiawei steps down
Zhu Jiawei, COO of Huobi, left the crypto exchange in April “to spend more time with families,” according to an announcement made public on Wednesday. Zhu joined the exchange in 2015 and had assumed …
Why compliance, transparency and security are the key pillars to Huobi Trust’s custody strategy
As the blockchain and crypto asset space continues to grow with the rise of cutting-edge applications, large companies and institutional investors are tapping into the space …
China Crypto Ban: Firms In Singapore, Korea Discuss the Impact
The ban has put a chill on the region, even for companies outside of Mainland China Although the recent crackdown on cryptocurrency transactions in China has largely been dismissed as another round of …
The new normal of business
As the world is heading towards its new normal, novelty is the key to remain ahead in the game. In this light, new age media companies like Cherton Media are using innovation to help brands reach new …
China’s Crypto Companies Are Scrambling
Hi all, this is Zheping in Hong Kong. Crypto holders have long tried to call China’s bluff on Bitcoin. That’s looking like a bad bet. But …
upGrad crosses USD 210 Mn annual revenue run rate in September
Grad reports another milestone for the year – recording a mid-year growth in its gross revenue to cross USD 210 Million Annual Revenue run Rate (ARR) in September, maintaining the track for its …
How High Can Avalanche (AVAX) Go?
Avalanche is a smart contract platform that’s gained tremendous value in 2021. Here’s an outlook for the price of AVAX token moving forward.
Huobi confirms that there will be no homecoming for cryptocurrency exchanges leaving China
Huobi admits to communicating with regulators and exploring ways of legally operating in China to no avail. Mainland China users at cryptocurrency exchanges and related businesses were removed as a …
China’s Biggest Crypto Platform Knows There’s No Going Home
Hours before China issued its sweeping ultimatum against cryptocurrency trading, the industry’s last remaining giant player had already decided to call it quits.Huobi founders and backers voted …
DeFi Gains From China Crypto Ban | Visa A CBDC Hub?
Prices of DeFi tokens and volumes on decentralized exchanges soared after China’s central bank … [+] reiterated a sweeping ban on digital asset transactions. Last Friday, China reiterated a sweeping …
Binance and Huobi Block Users From Creating New Accounts in China As Crypto Ban Looms: Report
Digital asset exchange operators Binance and Huobi are reportedly blocking new user registration in response to China’s latest measures against the crypto space.
These Were The Ten Worst Performing Cryptocurrencies In September
We have used the return data (from coinmarketcap.com) to come up with the ten worst performing cryptocurrencies in September.
Crypto Traders in China Have No Exchanges to Turn To
China has decided to end all crypto transactions and activities, and its many traders are now left with nowhere to turn.
Is China’s Crypto Ban a Boon for Decentralization?
On the heels of China’s recent crackdown on cryptocurrency, traditional cryptocurrency exchanges are beginning a rapid pullout from one of their biggest markets. Banks and payment gateways must also …
China’s Ban On Crypto-Assets Forces Huobi Mining Pool To Rotate 100k Bitcoin
The Chinese crackdown on mining activities has awakened a lot of decisions and actions. Many miners are already trooping to the US, the new mining hub, to continue their operations. Recently, the …
Huobi set to suspend all China-based user accounts this year
Not wanting to go head-to-head with Chinese regulators, Huobi Global — one of the biggest crypto exchanges that cater to China — has recently announced that i …
DYDX gains 80% in a week — What’s driving the DEX token rally?
DYDX reached a new record high three weeks after its launch as traders continued to speculate on its higher adoption following China’s ban on crypto transactions.
Roll raises $10M to become the Stripe for Social Tokens
Social token infrastructure company, Roll, announced today it has raised $10 million in Series A funding led by IOSG Ventures …
Social token provider Roll raises $10M to tokenize online interaction
Roll helps to integrate social tokens into web applications such as marketplaces, streaming services and DAOs.