China declaring all crypto transactions illegal sent shockwaves through Asia’s fintech market. It also had a negative impact on Hong Kong; Not only crypto exchanges, but crypto-related companies and stocks were also feeling the bite.
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Cryptocurrency exchanges and service providers are scrambling to sever ties with their mainland Chinese customers, following the recent crackdown by Chinese authorities. Already, two of the world’s largest exchanges, Huobi Global and Binance, have halted
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Chinese traders find it difficult to buy cryptocurrencies on centralized exchanges, and they are now looking to alternative options Chinese cryptocurrency traders and investors are finding it almost impossible to gain access to the crypto
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Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the money transfer service, South African users will be able to buy,
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On September 22, 2021, a U.S. District Judge in San Antonio, Texas, rendered summary judgment on the civil forfeiture of 147 bitcoins worth $ 6.3 million held in a Trezor hardware wallet. According to the court
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China has blocked access to CoinGecko, CoinMarketCap, and TradingView via its internet firewall. This is the latest step in its crackdown on the crypto market. China has blocked access to major cryptocurrency-related websites, including CoinGecko,
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The bipartisan $ 1,000 billion infrastructure bill will be put to a vote on September 30 and the Speaker is confident that it will pass. In a letter released by her office on Sunday, Pelosi
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Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash” coming in October. He thinks “bitcoin can crash too.” The famous author also gave his opinion on the Chinese
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Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at around 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in
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As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second largest stablecoin by market valuation, the USDC, saw its capitalization increase significantly, increasing
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