OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing...

Switzerland: Swiss Industry Set Up An Organisation to Set Standards for the Use of...

To facilitate the use of blockchain technology, Switzerland's leading players in finance, technology, science and law formed a new association together: the Capital Markets and Technology Association (CMTA). The CMTA aims to develop open standards and working tools that...

Russia: Sberbank CEO Doubts Cryptocurrencies Will Replace Traditional Means of Payment

TASS
Sberbank CEO Herman Gref thinks that crypto-currencies won’t replace traditional means of paying. Talking to reporters at the Astana Finance Days international conference Gref said he does not believe that cryptocurrencies will become an alternative to fiat money. image via...

Thailand: SEC Reveals Framework for ICO Portals and Tokens

The Securities and Exchange Commission (SEC) of Thailand has released a regulatory framework for issuing and selling digital tokens through initial coin offerings (ICOs) along with announcing the ICO portal process, effective from July 16. Since the digital asset decree stipulates that ICO...

Global:Coinbase Index Fund is Open For Investment

Coinbase Index Fund is now open for investments of $250,000 to $20M. We’ve seen overwhelming interest from investors since we announced the fund earlier this year. At this stage, we have opened the fund to those who wish to invest $250,000 to...

China:Nanjing Launches $1.5 Billion Blockchain Fund

Nanjing City has launched a 10 billion yuan blockchain investment fund to foster the token economy and public blockchain projects in China. The capital of Jiangsu province, China, together with Zhongguancun Blockchain Industry Alliance, a Beijing-based alliance formed by...

US:Crypto Platform Dfinity Raises $102 Million To Take On Amazon And Google

Forbes
In the world of crypto, everything seems to happen at warp speed and in super sizes. Dfinity, a nonprofit foundation that’s building a new crypto platform, has raised $102 million in new investment, led by Andreessen Horowitz and crypto investment...

Global:Ripple CEO: Bitcoin Is Controlled by China

Ripple's CEO Brad Garlinghouse took center stage in front of a packed house at the InterContinental Boston. He was interviewed by Lee Simpson, Stifel Tech Analyst. image via Shutterstock

Switzerland:Swiss Central Bank Snubs National Cryptocurrency Idea Again

At the Crypto Valley Conference that took place in Zug, Switzerland on Thursday, Schweizerische Nationalbank board director Thomas Moser had just one thing to say: It’s really not the time at all to talk about issuing a national cryptocurrency...

China: FCoin Accused of Crippling Ethereum Network for Cheap Publicity

A little-known Chinese crypto exchange is allegedly responsible for the unusually high Ethereum network congestion and gas fees recorded over the past few days. FCoin, founded by Zhang Jian, formerly of Huobi, is accused of deliberately encouraging a rash...

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OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...