Huobi has posted a statement admitting that it used customer funds to vote with Justin Sun in a bid to remove Steem’s blockchain validators. Four former witnesses have been voted back onto the council of 20 nodes that underpin the Steem blockchain. Their reinstitution follows the withdrawal of votes from major exchanges Binance and Huobi […]
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Cointelegraph interviews a number of professionals working in the crypto industry in China to asses the effects of coronavirus on the local crypto economy. Coronavirus has been dominating the news cycle last couple of months, as it continues to spread across the globe. Cointelegraph has taken a closer look at how coronavirus is affecting the […]
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Major decentralized finance player MakerDAO has partnered with payment processor Simplex to create a fiat on-ramp for its Dai decentralized stablecoin. Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its Dai (DAI) decentralized stablecoin. According to an announcement on Mar. 3, the partnership makes it […]
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Binance has reversed its vote in what appeared to comprise a coordinated move to take over the Steem blockchain to the benefit of Tron’s Justin Sun. On March 3, Binance CEO Changpeng Zhao announced that the exchange had removed its votes that contributed to a sudden shift of control over the Steem blockchain. Earlier today, […]
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 […]
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Huobi announced the launch of its open-source decentralized finance platform for public beta testing. Huobi, a major cryptocurrency exchange, announced the public testnet launch of its open-source decentralized finance (DeFi) blockchain, Huobi Chain, on Feb. 29. Its aim is to provide a regulator-friendly framework for financial services companies to deploy applications in a variety of […]
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Bitcoin and cryptocurrency markets are witnessing profit booking at higher levels and buying on sharp falls, pointing to consolidation over the next few days. The last week of February saw a blood bath across various asset classes on fears that the coronavirus outbreak is turning into a pandemic. This led investors to dump their positions […]
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Bitcoin price has stabilized above the $8.5K support as equities markets continued to implode over investor fears of Coronavirus contagion. Since the start of the week Bitcoin (BTC) price has dropped more than $38 billion as traditional markets also fell by more than 10%. As reported throughout mainstream media, this week’s collapse of the largest […]
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After losing its 200-day moving average support, BTC/USD remains near its forecast pre-halving average despite a traditional market meltdown. Bitcoin (BTC) price fell to its lowest levels in a month on Feb. 28 after another day’s losses underscored continued selling pressure on markets. Cryptocurrency market daily overview. Source: Coin360 BTC price clings to $8.6K Data […]
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Binance CEO Changpeng Zhao has overtaken Bitmain’s ousted co-founder Micree Zhan Ketuan in the latest Hurun Global Rich List. While China now has more billionaires than the United States and India combined, Binance CEO might have more money than any crypto person, a new report says. Binance CEO Changpeng Zhao has overtaken a co-founder of […]
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