Summit alone, Xi attended
While many Tier 2 exchanges might have been slow to react, to Bitmart’s credit, it communicated very frequently throughout. The following day, Xia returned to Twitter to announce that Bitmart’s other assets were secure and that the exchange would compensate affected users from its own funds. For an established exchange, this amount of loss wouldn’t be too crippling, especially if remaining users didn’t all withdraw at once. Immediately after the news, the Chinese community showed its resilien...
Summit alone, Xi attended
While many Tier 2 exchanges might have been slow to react, to Bitmart’s credit, it communicated very frequently throughout. The following day, Xia returned to Twitter to announce that Bitmart’s other assets were secure and that the exchange would compensate affected users from its own funds. For an established exchange, this amount of loss wouldn’t be too crippling, especially if remaining users didn’t all withdraw at once. Immediately after the news, the Chinese community showed its resilien...
to enhance China-Africa cooperation. During the Beijing
Subsequently, crypto markets dipped significantly, which will be worrying to investors who are already mumbling about jobless rates and new COVID variants. On the bright side, if the situation with Evergrande goes from bad to worse, financial regulators are going to have their hands full, giving them less time to focus on stamping out cryptocurrency as we approach the final month and a half of the lunar calendar. Bitmart bouncing backBitmart was the unfortunate victim of a large hack on Decem...
to enhance China-Africa cooperation. During the Beijing
Subsequently, crypto markets dipped significantly, which will be worrying to investors who are already mumbling about jobless rates and new COVID variants. On the bright side, if the situation with Evergrande goes from bad to worse, financial regulators are going to have their hands full, giving them less time to focus on stamping out cryptocurrency as we approach the final month and a half of the lunar calendar. Bitmart bouncing backBitmart was the unfortunate victim of a large hack on Decem...
Summit in 2018, Xi put forward a series of proposals
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Bad news for EvergrandeEven after all the regulatory crackdowns, China isn’t letting 2021 slip away without a few more blows to the crypto markets. On December 9, the news revealed that massive real estate developer Evergrande had defaulted on its interest payme...
Summit in 2018, Xi put forward a series of proposals
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Bad news for EvergrandeEven after all the regulatory crackdowns, China isn’t letting 2021 slip away without a few more blows to the crypto markets. On December 9, the news revealed that massive real estate developer Evergrande had defaulted on its interest payme...
China-Africa Cooperation in 2015 and the FOCAC Beijing
So why do copycat clones attract such high prices? “Pure speculation,” says Web 3.0 developer Kong, “buying clones in the hope someone else will sell it for a greater amount.” The “pandemic also shows how many people can make money out of thin air,” notes PooBah. Moderating these predictions, Chunke Monke notes why these valuations are hard. The “truth is — there are no right answers in NFT investing, but there are a lot of wrong answers. Valuing based on comparables (“Clone Punk should be X ...
China-Africa Cooperation in 2015 and the FOCAC Beijing
So why do copycat clones attract such high prices? “Pure speculation,” says Web 3.0 developer Kong, “buying clones in the hope someone else will sell it for a greater amount.” The “pandemic also shows how many people can make money out of thin air,” notes PooBah. Moderating these predictions, Chunke Monke notes why these valuations are hard. The “truth is — there are no right answers in NFT investing, but there are a lot of wrong answers. Valuing based on comparables (“Clone Punk should be X ...
At the Johannesburg Summit of the Forum on
Prices symbolize the revolution?In street art culture — which also offers a huge spectrum of angry teenager tags to serious political statements — painting over others’ work is part of the rules. It always seemed to me that Banksy’s huge prices at the auction distorted the roots of a protest movement born on the trains of Phillie in the 1970s. In fact, throughout art history, students were taught by copying the works of their masters. For those in the art world selling T-shirts and mugs and a...
At the Johannesburg Summit of the Forum on
Prices symbolize the revolution?In street art culture — which also offers a huge spectrum of angry teenager tags to serious political statements — painting over others’ work is part of the rules. It always seemed to me that Banksy’s huge prices at the auction distorted the roots of a protest movement born on the trains of Phillie in the 1970s. In fact, throughout art history, students were taught by copying the works of their masters. For those in the art world selling T-shirts and mugs and a...
