Bitget Wallet tops Nigeria’s app store as OKX exits market

OK Group, the conglomerate behind cryptocurrency exchange OKEx, is investing approximately 10 million RMB ($1.4 million) into Yun Qu Technologies, a blockchain startup based in Wuhan.The announcement was made on April 8 on China’s state news network, Xinhuanet. Yun Qu is headquartered in Wuhan, the epicenter of the novel coronavirus outbreak. The investment was being discussed…

BTC/USD loses over 10% in two days, hastened by concerns over Ukraine developments. 361 Total views 3 Total shares Bitcoin (BTC) bulls saw no relief at the Wall Street open on March 4 as $40,000 support appeared on the horizon.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Markets "shaky" but BTC could bounceData from Cointelegraph Markets…

Today’s social media landscape is dominated by Web2 corporations — mostly Meta (Facebook) and Twitter. The companies collect data from billions of users and collect billions of dollars in revenue from user-generated content. While it’s great for the corporations and their shareholders, it comes at a cost for average users and professional content creators.But in…

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The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. 114 Total views 3 Total shares Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, argued that Russia needs to adopt new laws to protect retail investors from the potential losses of investing in…

Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, TD Ameritrade-backed ErisX obtained a digital currency license from financial regulators in New York.Bitcoin (BTC) futures trading debuted back in…

The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto. 6198 Total views 25 Total shares The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country.The People’s Bank of China (PBoC) officially…

A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard Fork reported Oct. 5.Banbreach managed to track Internet traffic and detect all devices on the…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side of…