カテゴリー: OKcoin

Chinese State Media Accuses ICOs and Exchanges of Defying Crackdown

Chinese State Media Accuses ICOs and Exchanges of Defying CrackdownChinese state media outlet, Voice of China, has published reports criticizing the efforts of Chinese cryptocurrency exchanges and initial coin offerings (ICOs) to continue operations in spite of the central government’s 2017 crackdown. Also Read: Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets State Media Criticizes Cryptocurrency Exchanges’ Defiance of Crackdown Voice […]

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Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling

Okex Rolls Back Futures Contracts After Liquidations Leave Traders ReelingOkex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Okex Reverses the Rekoning […]

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Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash Trades

Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash TradesOn March 10 a cryptocurrency trader and researcher published a report on how he believes $3 billion worth of cryptocurrency trade volumes, primarily from a couple of exchanges, are concocted. The author of the study, Sylvain Ribes, alleges that the exchange Okcoin has been fabricating up to 93 percent of its trade volumes. Also read: Thailand […]

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China’s PBOC Governor Speaks Against Speculative Cryptocurrencies

China's PBOC Governor Speaks Against Speculative CryptocurrenciesThis week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), […]

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20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations

20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo EvaluationsOver twenty cryptocurrency exchanges in South Korea have agreed to undergo evaluations, including the country’s top four exchanges: Upbit, Bithumb, Coinone, and Korbit. This is part of their self-regulatory efforts, in conjunction with the Korean Blockchain Association. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten 21 Exchanges Participating So Far The Korean Blockchain […]

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New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat DepositsA number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Also read: Japan’s DMM Bitcoin Exchange Opens for […]

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Chinese Cryptocurrency Exchanges Delay Launching in South Korea Due to Regulation

Chinese Cryptocurrency Exchanges Delay Launching in South Korea Due to RegulationTwo major Chinese cryptocurrency exchanges have delayed their launches in South Korea due to uncertainties surrounding the government’s regulation. The regulators are currently working on a real-name identification system that will end the anonymous trading of cryptocurrencies in the country. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details4 A Bump in the Road […]

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Chinese Programmer Arrested Over ¥20 Million Bitcoin Theft

Chinese Programmer Arrested Over ¥20 Million Bitcoin TheftThe news channel of China Central Television, CCTV13, reported this weekend that the Zhongyuan Oil Field Public Security Bureau of Henan Province (Henan Police) has been investigating a report filed by a bitcoin investor alleging that funds were stolen from his bitcoin wallet.  Also Read: Securities Lawyers Say Barry Silbert Tweets Are Red Flags for Regulators 188 […]

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Despite Warnings China’s Over the Counter Bitcoin Economy Is Booming

Despite Warnings China's Over the Counter Bitcoin Economy Is BoomingBitcoin in China has deep roots as a vast majority of mining takes place in the region, and the country once accounted for the lion’s share of the world’s BTC trade volume. These days, however, renminbi and bitcoin volume coming from mainland exchanges is virtually non-existent, but there’s a whole lot more international and underground action […]

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Major Chinese Exchanges Launch P2P Trading Platforms

Major Chinese Exchanges Launch P2P Trading PlatformsChina’s major exchanges have found a legitimate means through which to continue operations despite the Chinese government crackdown on cryptocurrency exchanges. Also Read: Satoshi Nakamoto’s Brilliant White Paper Turns 9-Years Old Okcoin and Huobi Ceased Operations on October 31st, as Mandated by the Chinese Central Government Huobi has recently launched its P2P trading platform, Huobi Pro. […]

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