Category: Insights

For Asian Miners To Continue To Survive, Efficiency Has To Be Doubled Down

When Bitcoin was introduced, very few individuals understood what it was let alone what it could achieve. Although a few prominent investors were interested, the crash of BTC thanks to the Mt. Gox hack plus the overall levels of uncertainty linked to BTC made investors uncertain and refrained from investing. However, through the years, more ...

Aftermath of BCH Hash War: the End of Fork Coins

Bitcoin Cash has been receiving a lot of attention after it’s November 15th hard fork; the fork incited a hash war between miners, caused most cryptocurrency exchanges to pause Bitcoin Cash transactions, and may have been the onset of the most recent downturn in the market causing the cryptocurrency market cap to fall by about 20% over a five day period.

Cypherpunk Back in Game-Wei Dai with His Mercatoria

There are no pictures of him on the internet, The New York Times described him as “intensely private,” and there is little to no information about him available. Although next to nothing is known about Wei Dai, the Chinese computer engineer who graduated from the University of Washington, his contributions to the world of computer science may have played a significant role in shaping today’s blockchain and cryptocurrency industry.

South Asia’s Crypto Foundations Continue to Grow Strong

While going through the internet, one is likely to find videos of young Asians displaying some extraordinary skills such as playing complex pieces of music or cracking complex computer codes. Even Hollywood, in movies featuring Asians, usually showcases Asians as skillful in various technologies and art forms.

Nvidia Lost $23 Billion Overnight, Should Crypto Bear Market be Blamed for?

November 16, Nvidia, the largest graphic card and chip manufacturer in the world has launched its financial report for Q3. Surprisingly, its Q3 revenue is only $3.18 billion, failed to achieve the $3.24 billion market expectation. As thus, many investment banks have lowered their price target on Nvidia’s stock. Nvidia’s share price plummeted 18% within ...

F2Pool Founder : Bitcoin ‘Halving’ 2020 Will Have Very Little Impact on the Ecosystem

Although Bitcoin was down over 13 percent to below $4800 today, hitting a fresh 13-month low, some crypto investors still hope the biggest cryptocurrency could reach its peak somewhere between $100k and $200k in 2020 when the Bitcoin reward halving takes place. However, Mao Shixing, co-founder and CEO and of the world’s sixth largest bitcoin mining pool F2Pool, believes Bitcoin “halving” 2020 will ...

Bitcoin Mining Manufacturer, Canaan Creative, Will not Launch its IPO in 2018

Top bitcoin mining manufacturer, Canaan Creative, filed its IPO application to the Hong Kong Stock Exchange (HKEX) about six months ago. Immediately thereafter, other bitcoin mining manufacturers, Yibang International and Bitmain, also submitted their listing applications to the HKEX in June and in September, respectively.

Crypto Wallet Cobo Paves Way for the Global Market with Series A Funding – Part 2

Looking back over the past decade, Mao said security issues and infrastructure defects motivated Cobo to develop the crypto wallet; looking into the future, Mao said the crypto wallet could also lead to other innovations.

Crypto Wallet Cobo Paves Way for the Global Market with Series A Funding – Part 1

Cobo, a crypto wallet startup headquartered in Beijing, has raised a $13 million Series A to enter new international markets. The round was led by Danhua Capital and Shuanghu Capital, and many well-known investment institutions in China followed suit. 

A New Blockchain Alliance Is Established in Guangdong-Hong Kong-Macao Greater Bay Area

China has recently established a new blockchain alliance in its Greater Bay Area, an area integrating nine cities in Guangdong with Hong Kong and Macau to create a technology and innovation hub with ambitions to rival Silicon Valley, China News, a state-run press agency, reported on November 9th . The new group dubbed the Guangdong-Hong Kong-Macao Greater Bay Area ...

Bitmain Jihan Wu: There May be Further Split Within Bitcoin ABC and SV Communities

The Bitcoin Cash (BCH) hard fork become the hottest topic in the crypto community over the past weeks. Although the controversial chain split has been activated on November 15th. Insiders are still eyeing the ongoing battle between the Bitcoin ABC and Bitcoin SV. Jihan Wu, co-founder of the world’s largest bitcoin mining manufacture Bitmain, has ...

Chinese Angel Investor Regrets Jumping on the Crypto Bandwagon After Losing $2 Million in a Failed Blockchain Project

Many malicious actors allegedly ‘killed’ a once promising cryptocurrency project in China through price manipulation. The project, called Commerce Data Connection(CDC), disbanded its team and left retail investors empty-handed. Yang Ning, the founder of CDC and a well-known angel investor in the country, expressed regret about getting in the crypto space and decided to re-embrace traditional ...