Happy Thanksgiving and Cyber Monday. However, it was a rough holiday for international crypto market. In the past 10 days, crypto market has experienced the worst market crash. Bitcoin price has dropped to the break-even mining price causing 500,000 miners to shut down in the past 2 weeks.
Vice President of People’s Bank of China: Will Focus on Cryptoassets During G20
China again showed the determination to be the global leader in cryptoassets and fintech. During this November’s G20, China will bring cryptoassets and fintech on the table to talk about policy issues and risk mitigation with international players.
Japanese exchange BitTrade shifted its operation to Huobi platform
To expand into Japan, Huobi acquired BitTrade, a licensed crypto exchange in Japan, in September. In part of the integration process, BitTrade announced that it will migrate its system to Huobi platform starting in December.
Beijing police arrested crypto-minig theft
The theft hacked into company servers and illegally forced the computers to mine bitcoins.
Hangzhou court’s judicial blockchain is chosen as the top 10 legal technology use case
The past June, Hangzhou internet court launched judicial blockchain system. This system is being chosen as one of the top 10 legal technology use cases.
