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Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India
27.5.2020
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency
Crypto Exchanges Speak Out as Binance Takes CoinMarketCap’s Top Spot
22.5.2020
OKEx, Huobi and Bitfinex speak out on Binance’s buyout of CMC: “A partnership with a clear conflict of interest”
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the Halving
22.5.2020
Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later,...
CZ May Have Pulled An Elon Musk-Style Gaffe On Twitter
18.5.2020
Did CZ inadvertently admit to being involved in the management of CoinMarketCap?
OKEx Exec Calls Binance's CoinMarketCap Ranking 'Shameless'
15.5.2020
OKEx's chief strategy officer does not agree with CoinMarketCap's recent exchange ranking changes, calling the site "dead."
Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving
14.5.2020
Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...
Upbit Hack’s $50M Funds Continue Moving After Hitting Binance
14.5.2020
Millions of dollars worth funds stolen from Upbit in November continue to be moved on little-known exchange Byex.com, unknown wallets as well as OKEx
Exchanges Bolster Their Bitcoin Insurance Funds After ‘Halving Dump’
11.5.2020
After Bitcoin price plummeted on May 10, several exchanges scrambled to inject liquidity into their BTC insurance funds
Halving Hype Drives Second-Strongest Spot Volume on Record
10.5.2020
While spot volumes held strong, monthly derivatives trade fell by 25% last month
3 Straight Record Days Drive CME Bitcoin Futures Open Interest to All-Time High
8.5.2020
Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday. CME’s bitcoin futures market are growing faster than nearly every other bitcoin futures market on a percentage and real growth basis
American Buyers Are Fueling Bitcoin’s Rally, Data Suggests
1.5.2020
Spot and futures markets reflect the strong bullish sentiment of American investors
OkEx Becomes a Validator in Ethereum 2.0 Testnet
29.4.2020
OkEx is already moving in to become an Ethereum validator for its transition to Proof of Stake
Two Crypto Exchanges Paid High Ethererum Fees to Ensure Quick Withdrawals
23.4.2020
Data From Flipside Crypto shows that as Black Thursday occurred, two major crypto exchanges paid high Ether fees to guarantee withdrawals were processed quickly
Sharing Thoughts on Security, OKEx’s Jay Hao Says Customers Come First
23.4.2020
Okex’s CEO, Jay Hao, says “we must never do anything that harms the interests of users” while also talking about future developments on the platform
Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
18.4.2020
During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto...
Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges
8.4.2020
As a digital industry, crypto is in a more fortunate position than many other sectors facing the coronavirus pandemic’s fallout. How are providers in the crypto space responding to the crisis?
Holding Group Behind OKEx Invests in Wuhan-Based Blockchain Startup
8.4.2020
OKEx has invested into a Wuhan blockchain startup as the city returns to normal life
Cryptocurrency Exchange OKEx Tackles Small Balances With New Offering
7.4.2020
Users of cryptocurrency exchange OKEx now can convert small balances to the firm’s proprietary token OKB