How Chinese traders and miners get around China’s crypto ban
Chinese crypto traders, miners and airdrop farmers aren’t letting an almost total ban on crypto in China stop them from joining the fun.
Related Posts
Could staked ETH be classified as a security? Galaxy researcher weighs in
Galaxy Research’s Alex Thorn raises concerns about the SEC potentially classifying staked ETH as a security amid Ethereum ETF approval speculation.
XRP enthusiasts seek to force White House’s hand on SEC suit
A longshot effort from the community hopes to solicit an official White House response 6840 Total views 24 Total shares As token prices plunge and Ripple prepares for court, a band of XRP enthusiasts have rallied around a petition that may force a White House statement on the recent SEC lawsuit alleging Ripple conducted an…
The limitations of the EU’s new cryptocurrency regulations
The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023. The setback, however, was caused solely by technical difficulties,…
Crypto Exit Scams — How to Avoid Falling Victim
A couple of years back, the term “exit scam” became synonymous with the crypto industry. This was at a time when the market (at large) was replete with a number of cash grab ventures that looked great on paper but had little to no substantive value to back them up.In its most basic sense, an…
Bitcoin Transferred a Giant $11 Trillion Since 2009, New Data Reveals
Bitcoin (BTC) has transferred $11 trillion in wealth since its blockchain first went live in 2009, according to the fresh calculations.Bitcoin “going strong” at $9.6 billion per dayUploaded to social media by analyst PlanB on Oct. 24, the latest buoyant statistics for Bitcoin show the largest cryptocurrency is still beating out fiat competitors. At present, the…
Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.
Bitcoin can solve the DeFi onboarding crisis, argues exec
Bitcoin.com CEO Dennis Jarvis believes that Bitcoin can be a bridge that leads users to the decentralized finance space. 214 Total views 27 Total shares As the decentralized finance (DeFi) space remains plagued with hacks, people have become less interested in jumping in and engaging with DeFi. But according to Dennis Jarvis, the CEO of…
Bitcoin on-chain metric suggests 2017-style bull run will continue
Bitcoin's (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops.Dubbed MVRV, the risk metric represents the ratio of Bitcoin's market value to its realized value — similar to the price to book…