Cryptocurrency Archives - Page 3 of 5

Crypto Trading Platform Hotbit Halts Services Amid Investigation of Former Employee

Cryptocurrency trading platform Hotbit announced on August 10 that it would suspend trading, deposits, withdrawals and funding functions, without specifying the exact time of their resumption.

Ethereum POW Proponent Chandler Guo Challenged by ETC Cooperative

ETC Cooperative, a public charity focused on supporting the development and growth of the Ethereum Classic project, on August 8 issued an open letter to Ethereum POW proponent Chandler Guo to challenge the latter's opinion.

Chinese Regulators Clamp Down on Virtual Currency Publicity Stunts

Since the beginning of this year, the Cyberspace Administration of China has introduced measures to clean up illegal information, accounts and websites that have constituted so-called "publicity stunts" regarding virtual currency.

OKX and LinkedIn Release 2022 Global Web3 Talent Report

Crypto exchange OKX and LinkedIn have jointly published the "2022 Global Blockchain Talent Report - Web3 Direction," providing suggestions for enterprises to further grasp the opportunities brought about by Web3.

China NFT Weekly: Official Guidance on NFT Industry Development

This week: US game developer Unity to spin off China unit to tap the country's metaverse market, Chinese bitcoin mining rig maker Canaan mulls US expansion despite crypto winter, and more.

Digital Asset Exchange ZB.com Halts Recharging and Withdrawals After Possible Hacking

ZB.com, a digital asset exchange that claims to be the world's most secure, has suddenly issued a notice saying that due to a technical failure it has stopped charging and withdrawal services, without mentioning any resumption time.

ABCDE Co-founder BMAN: Do the Right Thing

In June, BMAN announced he has teamed up with Jun Du, the cofounder of Huobi, to launch a $400 million fund named ABCDE. In this interview, BMAN recalls his past 10 years in the crypto world and introduces what ABCDE is trying to do.

Solana-Based Wallets Face Security Incident

The Solana ecosystem has experienced a crypto exploit, with users reporting that their funds have been drained without their knowledge across a number of Solana-based hot wallets, including Phantom, Slope and Trust Wallet.

China NFT Weekly: China’s Burgeoning NFT Black Market

This week: Babel Finance lost $280 million trading customer funds, Binance CEO sues Bloomberg's Hong Kong publisher for defamation, NFT black market swells under China's crypto crackdown, and more.

Virtual Currency Based on Chinese “Second Uncle” Video Crashes

A video has gone viral on Chinese social media recently, telling the story of a resilient villager who became disabled as a teenager. Meanwhile, a related virtual currency called was released on July 28, then experienced a price crash on July 31.

Forecasting the “Chinaverse” in a Web3 Future

Chinese tech giants, startups, and regulators appear set to play a critical role in the internet’s coming Web3 metamorphosis.

China NFT Weekly: A Bad Week for Crypto

This week: Tencent's NFT marketplace Huanhe to close down, Zipmex becomes latest crypto exchange to halt withdrawals, Hong Kong monetary chief said crypto and DeFi won't disappear, and more.

Swapchat: The Protocol Layer Is Fundamental

Swapchat is one of the players seeking to bridge traditional Web2 users and the Web3 world through social products. According to Luke Wang, the co-founder of Swapchat, Swapchat hopes to BUIDL a new protocol than can revolutionize the messaging process.

China NFT Weekly: Shanghai Pledges Support for Web3

This week: Shanghai pledges support for NFT trading platforms, Animoca Brands raises another $75 million amid crypto market crash, Tencent shuts down NFT platform to comply with government rules, and more.

Ancient8: Bring the Masses to Web3 Through Games

After its funding round, Pandaily interviewed Howard Xu, Co-Founder of Ancient8. We discussed why he believes Ancient8 will stand out in the highly competitive game-guild field, what the next trend for Web3 games is, and more.

China NFT Weekly: Ripple Effects of Crypto Market Crash

This week: Crypto investor Sequoia Capital China raises $9 billion, Chinese beauty app Meitu records up to $52.3 million in net losses amid crypto market crash, Animoca Brands leads $32 million funding round for Web 3.0 gaming company Planetarium Labs, and more.

Meitu Loses About 312M Yuan Due to Crypto Investment

Chinese technology company Meitu expected to record a net loss of 274.9 million yuan to 349.9 million yuan ($41.1 million - $52.3 million) for the six months ending June 30, 2022. The firm said this is mainly due to the imbalance of purchased cryptocurrencies.

OpenSea Co-Founder Alex Atallah to Leave Company End of July

Alex Atallah, co-founder of OpenSea, the largest web3 marketplace for NFTs and crypto collectibles, announced on July 2 that he would step away from the company on July 30, but will remain on the company's board.

Binance NFT Opens Up Minting Access

Binance NFT Marketplace introduced an NFT Minting feature on Thursday, which allows users to create their own NFT collections and mint NFTs on the BNB Smart Chain and Ethereum network.

Crypto Mining Platform Binance Pool Partners With UltimusPool

Binance Pool, the cryptocurrency mining platform of Binance, on Wednesday announced a new partnership with UltimusPool, a full-featured mining pool solution designed to provide easy-to-use, reliable, and compliant services for global cryptocurrency miners.

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