Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests

Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and ProtestsCrypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong and coronavirus outbreak have not affected his platform much. Also […]

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China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic

China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of EpidemicChina’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a […]

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Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders

Coronavirus Outbreak Forces Chinese Mining Rig Manufacturers to Delay OrdersBitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion Microbt […]

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Binance Pledges $1.5 Million to Coronavirus Victims

binance prThe current issues in China leave no one untouched. Ever since the Coronavirus broke out, it has dominated media headlines all over the world.  With several dozen dead and thousands of people in quarantine, one has to wonder how this situation will evolve in the near future.  Binance Chips in for Coronavirus Victims The affected regions clearly need financial aid, with Wuhan leading the charge. It is during times like these that cryptocurrencies can make a meaningful impact. Not only do they ensure money ends up in the right pockets, the companies in this industry will contribute as well.  The

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