Cryptocurrency Analysis and News Portal
It’s a nightmarish scenario that is sadly familiar to many who are seeking work in foreign countries. Slavery and human trafficking — these are criminal industries that continue to flourish in many regions across the globe. Such problems may seem distant and abstract to the average consumer in more developed
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China’s digital currency project continues to move ahead aggressively, with a new paper from the People’s Bank of China suggesting that a core design is complete. Whatever stage of development the currency actually is, it’s clear that China wants the world to see it as ahead of the curve in
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Huobi Indonesia will institute a fiat gateway for trading 250 cryptocurrencies in the country.Announced Dec. 27 in a press release, the Indonesian wing of Huobi Group looks to facilitate cryptocurrency trading in Southeast Asia’s largest economy. According to the firm, Huobi Indonesia boasts 50,000 registered users, of which approximately 10 percent
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After the first round of a Series A funding, the San Francisco based blockchain firm Alchemy has announced that it has raised additional $15 million.The startup was founded by two computer science students, Nikil Viswanathan and Joe Lau, who were classmates at Stanford. Together, they also created a social mobile
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While price remains way below where it should be, partnerships, infrastructure, adoption continue to grow and now the world’s financial elites are discussing Ripple tech. The Federal Register released a document on the 6th Dec naming XRP explicitly as a virtual currency that can settle cross border payments without the banking
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The role that China plays in the crypto ecosystem is one that would take a whole lot to replace. New data reveals that despite casting out all forms of crypto activities, China is still the primary home to crypto mining.Statistics from a new CoinShares report show that China is the
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Russia’s largest darknet marketplace is looking to raise $146 million in a token offering that would allow it to go global. As Forklog reported on Dec. 11, the token sale is almost certainly illegal — in this case not merely for flouting securities laws or other financial regulations. “A new era
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Here’s one token sale that’s almost certainly illegal, and not just under securities laws. Source
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Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims.China’s Sichuan province is accounting for over half the global hash rate, according to a study by London-based digital asset manager CoinShares, Reuters reports Dec. 11.Hash rate is a
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Huobi’s U.S. cryptocurrency exchange platform, HBUS, has announced that the company will be ceasing its operations. In a notice posted on Huobi’s official website, the company states that HBUS will need to close all of its operations in order to return with a more impact in accordance with the company’s
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