Cryptocurrency Analysis and News Portal
The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals.OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported today. According to the report, the executive was investigated “at
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Aave’s LEND token, along with its new token AAVE, has dropped heavily in the past 24 hours despite
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The U.S. Department of Justice charged the six individuals for alleged involvement in laundering funds from Mexican drug cartels after an investigation spanning years. Source
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The Information Commissioner’s Office (ICO) has fined British Airways (BA) £20m for failing to protect the personal and financial details of more
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The Filecoin network pivoted to mainnet at block 148,888, or approximately 14:44 UTC. With that, its FIL tokens will begin their distribution. Filecoin is a system from Protocol Labs meant to be both a decentralized file storage and content distribution network in one. The Filecoin team wrote in a post announcing
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Filecoin (FIL) started a strong rally above the $60.00 and $65.00 resistance levels. The price is currently correcting
Read MoreNew Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar. Set to launch early next year, the digital currency will employ Distributed Ledger Technology.The ‘Power Dollar’ is not government backed however and is more akin to a stablecoin
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Central Bank Digital Currencies (CBDCs) are rapidly gaining prominence in discussions around the future of money. The many dimensions of debate, whether policy, economic or financial, whittle down ultimately to design choices. With CBDC experiments in various stages of development globally, the norms of design are still being explored. It
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OKEx has suspended all cryptocurrency withdrawals indefinitely, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently cooperating with a public security bureau in investigations.” OKEx’ CEO later said the investigation is due to the key holder’s “personal issue.”Update (Oct. 16, 4:57
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Ethereum faced a strong rejection above $380 against the US Dollar. ETH price is now at a risk
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