The ex-Steem community continues to battle Justin Sun with the Hive hard fork — stakeholders seemingly migrating to the new network. Over the past few days, the ex-Steem blockchain community has gained an upper hand over Justin Sun and his recently acquired Steemit startup. After blaming Sun for attempting to centralize their network, a substantial […]
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Huobi sits in second place. Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi. Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the […]
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The $3 million investment in India’s largest crypto exchange comes from firms like Bain Capital, Polychain, and HDR Group. A recent funding round has just added quite a bit to an Indian crypto exchange’s coffers. Mumbai-based exchange CoinCDX announced on March 24 it had received $3 million in new funding. The Series A round was […]
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Bitcoin’s recent 50% drop and the issues traders experienced at BitMEX have led to a discussion on whether shorting should be banned by crypto exchanges. Bitcoin’s (BTC) rapid 50% price drop in the wake of coronavirus concerns aroused chatter around banning the ability for traders to assume short positions in cryptocurrency markets. Question is, would […]
Continue ReadingThe Steem community continues its fight in one of the biggest crypto dramas of 2020 — rolls out Hive as an alternative. The Steem (STEEM) blockchain community continues to oppose Steemit in the wake of the recent “takeover” orchestrated by Justin Sun, the startup’s new owner. On March 18, “a large group of Steem community […]
Continue ReadingJustin Sun’s Steemit has been accused of censoring content about the upcoming Hive hard fork. In the latest development in the Steem (STEEM) saga, Justin Sun has come under fire for censoring posts on the platform related to the community-driven ‘Hive’ hard fork. On March 19, cryptocurrency influencer Girl Gone Crypto Tweeted a clip to […]
Continue ReadingHuobi University Principal stated during a live broadcast that without 2020 financial crisis, there is no blockchain boom. The coronavirus pandemic is the “black swan of 2020”, leading financial markets into a level of decline not seen since the 2008 recession. However, blockchain may still have a chance to flourish during these times of crisis. […]
Continue ReadingHuobi Pool, a crypto mining arm of Huobi, says its operating revenues surged 547% in 2019, jumping from $53 million in 2018 to $320 million. Huobi, the fourth-largest cryptocurrency exchange by daily trading volume to date, saw significant progress in its crypto mining business in 2019. Huobi Pool, a cryptocurrency mining arm of Huobi, says […]
Continue ReadingBinance and Huobi have announced support for the upcoming Hive hard fork of the Steem blockchain. Major cryptocurrency exchanges Binance and Huobi have announced support for the Steem (STEEM) community’s hard fork to create the new Hive network. On March 18, Binance and Huobi published announcements revealing their support for the Steem hard fork that […]
Continue ReadingHuobi DM announced a new partial liquidation feature on its exchange, aimed at decreasing customers’ risk. Huobi’s derivatives trading platform, Huobi DM, has announced a new ‘partial liquidation’ feature that aims to limit trading losses. Sudden market swings can immediately liquidate highly leveraged positions and cause extensive user losses, as seen during the last week’s […]
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