What Is OK Exchange? Introduction to OKEx and OKB Token

Key Takeaways OKEx allows traditional trading pairs, along with derivatives and other advanced trading features. OKB provides a service fee discount for its token holders, voting rights, the ability to invest in projects on OKEx Jumpstart, among other benefits. OKEx has several blockchain incubators focused on growing startups. It has also partnered with a variety […]

Chinese Banks Says They Will Not Freeze Legal Crypto Accounts

Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling cryptocurrencies. According to a Chinatimes report on June 13, banks in China have clarified that they are not shutting down any legit fiat to crypto accounts. Major banks reply According to the report, China Merchants Bank, Bank […]

Turkish Stablecoin Issuer Predicts New Blockchain Regulations

The co-founder of BiLira (TRYB), the first stablecoin pegged to the Turkish Lira, is predicting that Turkey will announce a new regulatory framework for blockchain “within the next year.” In an interview with Cointelegraph, Vidal Arditi, BiLira’s COO and co-founder, predicted that the updated apparatus will be designed “to protect the average guy and the […]

Nevermind Coinbase — Big Brother Is Already Watching Your Coins

On June 5, cryptocurrency exchange Coinbase came under fire for its alleged efforts to sell crypto surveillance services to both the U.S. Drug Enforcement Administration and the Internal Revenue Service. In the days since, Coinbase representatives have made it clear that the company’s analytics services do not share any personally identifiable data with law enforcement. […]

Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan

Source: Adobe/artiemedvedev The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan. And with the Bitcoin halving in May putting an extra squeeze on the profit margins of miners, hardware manufacturers are […]

Bitcoin and Black America: A Digital Uprising

A protest at the Los Angeles City Hall in June. Source: Twitter, @callmethebear In 2014, several surveys found that African Americans were less likely to know about and use Bitcoin (BTC). However, in 2020, a Coinbase study found that African Americans are now much more interested in and trustful of bitcoin and other decentralized digital […]

Five Wanted For Indian Crypto Scam Operating Since 2017

Indian police have registered a case against five individuals suspected of involvement in a cryptocurrency scam that has defrauded investors since 2017. Despite operating for several years, the scammers are only believed to have made away with a modest bounty of roughly $34,200. The group is believed to have solely operated in the Maharashtra state’s […]