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Huobi and OKEx Battle for Supremacy in China


Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has historically focused on the lucrative Chinese market

Crypto Kanoon Partners with BearTax to Help Users with Tax Docs


Indian crypto media house Crypto Kanoon announced on Sunday that it has joined hands with crypto accounting software solutions platform BearTax. It stated in the official tweet that BearTax will help Indian crypto users to generate their tax documents in three steps, after scanning their crypto...

Russia Blocks Cryptocurrency Websites Ahead of Regulation


Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...

The Most Confusing Crypto Terms and What Can Be Done to Clarify Them


Cryptocurrency is a domain of jargon. ‘Blockchains,’ ‘full nodes,’ ‘miners,’ ‘nonces,’ ‘side-chains’: these are only a few of the terms in crypto that are known to cause confusion and disagreement. Not only does the ambiguity of vocab undermine the ability of people within crypto to communicate...

Asia Dominates Crypto, But Here’s Why That Could Soon Change


The crypto world’s center of gravity is Asia. Big crypto-exchanges and companies operate in Europe and North America, but the majority of users are located in the Asia Pacific region, as are most of the world’s biggest exchanges and mining pools. There are many reasons why this is the case....

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K


The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...

Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly


One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...

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