Tsinghua International Blockchain Association (TIBA) news roundup 26 November

TIBA
1 min readNov 26, 2020

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Photo by Pascal Bernardon on Unsplash

Bitcoin price continues falling, losing $17K in biggest crash since March. Fresh lows of $16,300 mean that BTC/USD has lost over $3,000 in 24 hours after hitting highs of $19,480. [Cointelegraph]

Malta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension. [Coindesk]

Chinese blockchain infrastructure provider Blockchain-Based Service Network (BSN) has integrated cross-chain protocol Polkadot, cloud computing startup Oasis and China-based public chain project Bityuan into its network. [Coindesk]

When it comes to the energy- and capital-intensive process of mining cryptocurrency, people tend to think of China, where about 65% of global hash power is located. But like many other closely observed metrics in crypto, American hashrate is a number that seems to be on the cusp of significant increase. [Coindesk]

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Compiled by Nico Gous (nicogous@gmail.com / nico.gous@yahoo.com)

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TIBA
TIBA

Written by TIBA

Tsinghua International Blockchain Association @ Beijing, China

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