Category: News

Additional Chinese Bitcoin Exchanges Weigh In On AML Changes And Withdrawal Delays

It would appear the woes for Chinese bitcoin exchanges around the world are far from over. A few companies have issued official statements indicating how changes will be made to their bitcoin withdrawal system. Thankfully, none of these changes seem to affect things in a negative way, albeit the delays will cause some friction among cryptocurrency users. All things considered, this list of exchanges is doing things the right way, …
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Status of Chinese Bitcoin Exchanges Post PBOC Meeting

Chinese bitcoin exchanges sent a shockwave through the cryptocurrency community once again. After a meeting between 9 exchanges and the PBOC, it was decided some platforms will need to step up their AML security measures. Unfortunately, this is affecting some users of the OKCoin, Huobi, and CHBTC platforms, although the consequences are far less severe than most people anticipate right now. The Current Chinese Bitcoin Exchange Situation It is evident …
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Inkless Paper Discovered, Printed With Light & Reused 80 Times

Yadong Yin, a professor of chemistry at the University of California at Riverside, along with his team of researchers introduced an innovative and revolutionary type of inkless paper that is printed with light, erased by heating and can be reused 80 times. The vast majority of the general population depends on wood-based paper to print documents and to jot down notes. Printers use ink cartridges to print out letters, symbols, …
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PBOC Actions Affected More Than Just Bitcoin Price

After a recent closed-door PBOC meeting relating to AML regulation¬†in Cryptourrency trading, and the¬†suspension of withdrawals from two China’s biggest Bitcoin exchanges the BTC market crashed over 10% in response. However, the recent actions didn’t only affect Bitcoin’s price. In fact, over 90% of cryptocurrencies experienced some sort of price drop. They say a picture is worth a thousand words, take a look at this chart from coinmarketrcap: As you …
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