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November 19, 2020

OCC's Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away

OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away

[ad_1] Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China only means the corresponding block rewards will reflect this imbalance. They […]

OKEx to resume withdrawals next week with promises of 100% reserves

OKEx to resume withdrawals next week with promises of 100% reserves

[ad_1] Major cryptocurrency exchange OKEx is finally resuming withdrawals of customer assets after weeks of waiting. The exchange first suspended withdrawals on Oct. 15, a decision that subsequently rocked crypto markets.  According to today’s announcement, full customer withdrawals will resume on Nov. 27. OKEx will conduct security checks to resume hot wallet operations and ensure […]