Blockchain business begins to boom in China. Bitcoin runs off the back of blockchain adoption, creating a vast grey area in the country. Provinces all over China start to heed President Xi’s call to action. Thanks to a reinvigorated stance on blockchain from China’s Premier, Xi Jinping, China may be on the brink of an…
Chinese President Xi Jinping announced support for blockchain last Thursday. The news was welcomed by the crypto community as Chinese altcoins such as NEO, TRON and Qtum skyrocketed over the weekend. Analysts believe that there’s more to the hype and speculation that powered the move of Chinese coins in their USD and BTC pairs. Chinese…
Accusations of wash trading from the Blockchain Transparency Institute (BTI) have prompted OKEx’s CEO to challenge BTI to a wager, which has opened up an entirely new can of worms. Wash trading, a form of market manipulation, is often used to create artificial marketplace activity to draw in more investors. Last week, a report from…
Blockchain technology has the potential to change the world and disrupt numerous industries with its positive features like increased security, transparency, traceability, and decentralization. Cryptocurrencies are one great example of the possible use-cases of blockchain technology. They allow us to send and receive inexpensive transactions anywhere in the world in 24/7/365, ignoring the bank holidays,…
