OkCoin and Huobi are to stop all trading services for local customers till the end of October putting an end to crypto exchange markets in any form in China.
The public often feels somewhat split about the new advances in technology – they can be both exciting and daunting. Some inventions enter the mainstream almost overnight, and for others, it takes time to adjust and adopt. One example of such harder to comprehend innovations can be seen in the phenomenon of cryptocurrencies and their rise as a medium of exchange.
Following two successful ICO promotions, the undefeated boxer is now advertising a new bockchain startup aimed at simplifying the use of digital currency.
Chineese authorities have ordered domestic Bitcoin exchanges to cease trading and immediately notify users of their closure.
Charlie Lee claims that OKCoin and Huobi are meeting regulators today. Whether this would make the two exchanges follow BTCC’s decision to halt trading remains unknown.
The first of China’s bitcoin exchanges BTCChina (BTCC) has announced its shutting down the domestic cryptocurrency trading at the end of September. The recently appeared rumors that China is going to ban all domestic cryptocurrency exchanges are becoming reality.
John McAfee challenged J.P. Morgan CEO Jamie Dimon’s skeptic statement about bitcoin on Wednesday, September 13.
J.P. Morgan chief compares bitcoin rally with the tulip bubble while the US has more debt than any point in its history. The amount owed shoots past $20 trillion.
Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges no longer affect Bitcoin price.
Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges decrease Bitcoin price to under $4150 level.
GMO Internet Group indicated its plans to enter mining business utilizing next-generation 7-nanometer technology semiconductor chips.
Following the trend of ICOs’ rapid and continuous growth, Filecoin, a decentralized blockchain-based storage network, sets the all-time record raising $257M.
Findings of analysis of distributed ledger technology conducted by the Bank of Japan (BOJ) and the European Central Bank (ECB) state, that DLT is “immature” to power the world’s biggest payment systems.
The new solution is expected to significantly boost the speed of the ethereum network, raising its capacity to more than a million of transfers a second.
The rough decline cryptocurrencies’ prices accompanied by total market capitalization drop now seems to be over as the situation improves quickly.