chinese

Acala and Moonbeam Leading Polkadot Parachain Auction with $2.5B TVL

Source Node: https://beincrypto.com/acala-moonbeam-polkadot-parachain-auction-with-2-5b-tvl/
Time Stamp: November 16, 2021 3:20 AM - Modified On: November 16, 2021 - Published By:
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There are two horses extending their leads in the inaugural Polkadot parachain auction and the deadline for the end of bidding is approaching.Sponsored Sponsored The Polkadot network’s highly anticipated parachain auctions kicked off on Nov 11 and two projects are commanding a significant lead over the rest of the pack vying for the slot. With a combined total value locked of more than $2.5 billion worth of DOT pledged, Acala and Moonbeam are close contenders for the victory for the auction ending on Nov 18.Sponsored Sponsored The winning project will

Seed Round Ends in Just 8 Hours for Cardano Escrow Protocol – ADEED

Source Node: https://bitcoinist.com/seed-round-ends-in-just-8-hours-for-cardano-escrow-protocol-adeed/?utm_source=rss&utm_medium=rss&utm_campaign=seed-round-ends-in-just-8-hours-for-cardano-escrow-protocol-adeed
Time Stamp: November 16, 2021 2:06 AM - Modified On: November 16, 2021 - Published By:
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ADEED is a new project that has gained a lot of good feedback from the recent pitch deck that the company has presented to several venture capitalists, investors, and incubators. The company had recently announced the opening of its seed round, which entails 1,500,000 ADE (3% of Total Supply). The seed round had successfully closed in just eight hours by Emirate, Saudi, and Chinese investors. Over the last year, Dubai and Saudi Arabia have been subtly getting more involved with blockchain projects. Dubai hosted the ‘Crypto Expo Dubai 2021’ last

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Source Node: https://www.bitcoinnewsminer.com/first-mover-asia-bitcoin-drifts-lower-after-taproot-upgrade-ether-drops/
Time Stamp: November 15, 2021 4:38 AM - Modified On: November 15, 2021 - Published By:
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Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 +0.4% Ether (ETH): $4,562 -1.7% Market moves Bitcoin was trading flat after Taproot, the blockchain’s biggest network upgrade in four years, went live. The upgrade, which took effect at 5:15 coordinated universal time (1:15 a.m.

Defi Hack: “stupid kid” nick name goes viral as BXH hack mystery unfolds

Source Node: https://coingape.com/93087-2/
Time Stamp: November 2, 2021 6:01 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

The latest update in the $130 million Defi hack of the BXH protocol unveiled that the exploit took place due to a modification in the network’s administrative privileges, which led the attackers to use this privilege to transfer project assets. According to the Chinese Journalist, Colin Wu, BXH protocol irresponsibly consigned the authority of fund management to the attackers which further led to the most convenient hack in recent history. This has triggered the nickname “stupid kid” in the Chinese community for the protocol since BXH has the same initials

Paraguay Eyed as New Bitcoin Mining Destination

Source Node: https://www.bitcoinnewsminer.com/paraguay-eyed-as-new-bitcoin-mining-destination/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

Paraguay Eyed as New Bitcoin Mining Destination

Source Node: https://news.bitcoin.com/paraguay-eyed-as-bitcoin-mining-destination/
Time Stamp: November 2, 2021 5:30 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

Total Crypto Market Cap Hits All-Time High of $2.6 Trillion

Source Node: https://beincrypto.com/crypto-market-cap-all-time-high-2-6-trillion/
Time Stamp: October 18, 2021 2:23 AM - Modified On: October 18, 2021 - Published By:
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Republished By Plato

Cryptocurrency markets have been climbing again to kick off the week and the total market capitalization has reached a record high. The market capitalization for all cryptocurrencies has reached an all-time high of $2.6 trillion according to CoinGecko.Sponsored Sponsored This has just surpassed the previous high of $2.55 trillion that was made on May 12 when many altcoins were notching up their own record highs. Total Crypto Market Cap – CoinGecko Rival token analytics platform CoinMarketCap is reporting a total crypto market cap of around $2.5 trillion which is about

Chinese Crypto Exchange BitZ Announces Closure as Crackdown Continues

Source Node: https://beincrypto.com/4-year-old-chinese-crypto-exchange-announces-closure/
Time Stamp: October 8, 2021 2:09 PM - Modified On: October 8, 2021 - Published By:
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Amidst another major crypto clampdown in China, the 4-year old Chinese exchange BitZ shutters its operations. Sponsored Sponsored The cryptocurrency exchange BitZ announced its closure after four years of operating one of the most popular online exchanges. It stated “policy and regulatory requirements” as the reasons behind its latest development.  While the actual closure date is set for October 21, 2021, the exchange said it suspended new user registration and KYC earlier. Those operations stopped on Mainland China back on September 26, 2021. However, only a few days prior the exchange

U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

Source Node: https://99bitcoins.com/bitcoin-news-summary-oct-4-2021/
Time Stamp: October 4, 2021 1:00 AM - Modified On: October 4, 2021 - Published By:
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 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

DeFi protocol run by ex-Coinbase dev just did $3.6 billion in daily trading volume

Source Node: https://cryptoslate.com/defi-protocol-run-by-ex-coinbase-dev-just-did-3-6-billion-in-daily-trading-volume/
Time Stamp: September 28, 2021 5:00 AM - Modified On: September 28, 2021 - Published By:
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dYdX (DYDX), a decentralized derivatives exchange that runs on Ethereum (ETH), has surpassed Coinbase’s volume for the first time, executing over $3.6 billion in trades in a 24-hour period.The protocol’s success came in the midst of Beijing stepping up its clampdown on crypto, which spurred the recent interest in decentralized exchanges (DEXs) and other decentralized finance (DeFi) products among Chinese users.Ethereum Layer-2 DEX doing more volume than Coinbase“5 years ago I left Coinbase and eventually founded dYdX. Today, for the first time, dYdX protocol is doing more trade volume than

Rich Dad Poor Dad’s Robert Kiyosaki Predicts ‘Giant Stock Market Crash’ in October — Says ‘Bitcoin May Crash Too’

Source Node: https://www.bitcoinnewsminer.com/rich-dad-poor-dads-robert-kiyosaki-predicts-giant-stock-market-crash-in-october-says-bitcoin-may-crash-too/
Time Stamp: September 27, 2021 1:38 AM - Modified On: September 27, 2021 - Published By:
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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 believes that “bitcoin may crash too.” The famous author also offered his opinion on China’s crackdown on cryptocurrencies. Robert Kiyosaki Warns of ‘Giant’ Market Crash in October Famous author and investor Robert Kiyosaki has predicted that a “giant stock market crash” is coming in October, noting that gold, silver, and bitcoin may crash as well. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter.