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The Daily: Whales Join China’s Richest Ranks, Seniors Take a Swing at Bitcoin

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In today’s edition of The Daily, we look at the cryptocurrency entrepreneurs who now rank among the richest people in China, the limited return to operations of 1Broker, and a rather amusing attempt to explain Bitcoin to older folks by the AARP. Also Read: London’s LBX Launches Solution for Bank-Shunned Crypto Companies China’s Wealthiest Whales … Read more

Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again

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Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. Bilateral loans, especially from China, add … Read more

China-Based Crypto Exchange Coinex Pays Interest in BCH

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Crypto exchange Coinex will pay out long-term dividends, interest, in bitcoin cash (BCH) for coinex token (CET) holders, according to its website announcement. “If your CET holdings are on Coinex, we’ll calculate the dividends into BCH and allocate directly to your accounts,” the company explained. Also read: Bitcoin Cash Speaker Series II Brings Leading Bitcoiners … Read more