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 ...
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.
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.
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.
Restrictions are there to regulate activities within various industries. Leaving operations to run with no regulation may lead to disasters that may be hard to rectify once they have occurred. Hong Kong is currently implementing various laws and regulations it has put in place to control cryptocurrency and cryptocurrency related activities, especially on digital asset exchanges.
Soon, there will be (at least) two versions of Bitcoin Cash. On November 15, 2018, Bitcoin Cash ABC, Bitcoin Cash SBV, and Bitcoin Cash Unlimited will be competing to be the Bitcoin Cash chain with the most support.
On the morning of November 6, Qianjie Zhao, the senior vice president of BTCC, left the following message on his Wechat Moments: “Thank you for all of your support along the way. I have spent four years in the cryptocurrency field, mostly in the mining pool. I’ll say no more—see you around.”
You might be thinking that a security token sounds a lot like a utility token. But from a legal standpoint, security tokens offer investors a lot more protection than a utility token does, and there are also several differences regarding how each of these tokens is intended to be used.
It’s looking like security tokens can disrupt the traditional banking and finance industry--especially when it comes to trading securities like shares of stock. Security tokens represent digital claims to ownership (shares) of a company that are typically stored on a blockchain.
A representative, born in the mid-1990s, is now in charge of a crypto-based lending platform. He said although the team was established in May this year, it has already earned tens of millions of renminbi in transaction volume.