Chinese cryptocurrency traders prosper despite China’s stringent bans on mining and digital money dealings. In 2020, China played a significant role in the Bitcoin mining scene, responsible for over 75% of the global Bitcoin hashrate. However, this changed drastically following the Chinese government’s crackdown on cryptocurrencies. Nowadays, with investors showing renewed interest in promising digital … Read more
Norwegian authorities aim to restrict cryptocurrency mining through a new law intended for data centers in the country. Based on a report from local news source VG, a new regulatory framework is proposed, requiring data centers to officially register and disclose details such as ownership and management, in addition to the types of services they … Read more
leading up to the Bitcoin Halving in 2024, there’s great anticipation and focus on the cryptocurrency market as investors and traders prepare for the potential impacts on different digital currencies. Bitcoin’s halving is a significant and highly anticipated occurrence within the cryptocurrency community. Approximately every four years, this event takes place, carrying great importance not … Read more
The Bitcoin halving has put the spotlight on the entire cryptocurrency market, with investors and crypto fans eagerly anticipating record-breaking prices from various digital currencies. Notably, Polygon (MATIC) is one such currency that is widely tipped to reach new peaks within the crypto community due to its promising potential. Polygon was among the earliest and … Read more
Two key executives at OKX, including their Global Government Relations Chief, Tim Byun, and product head, Wei Lan, have decided to leave the exchange. During the years 2018-2020, Tim Byun served as the CEO of OKcoin’s American branch, concurrently Wei Lan managed the trading desk at this cryptocurrency exchange. Top Executives Depart Abruptly Top executives … Read more