Despite this, it is very obvious that Eth mining is more active than Bitcoin mining in China this year. Wu has learned that at least 10 companies are currently trying to enter the Ethereum mining field. Although this short POW game only has 2 years left.
(2) Binance did not hesitate in its determination and investment. It did everything possible to embrace U.S. regulation without harming its business and achieved many results. This is different from the attitude of BitMEX and others against the U.S.
The conclusions of our research are: (1) Binance’s derivatives business is huge, and it is inevitable that there will be problems similar to BitMEX. BNB is also highly likely to be recognized as a security token. These two businesses have certain regulatory risks.
FTX was famous for its presidential election contract and participation in the DeFi wave this year, but it also faced the pressure of community attacks and government supervision.
SBF told The Block that theFTX has a valuation of 3.5 billion. Revenue is 80 million and profit is 70 million. Industry insiders said that FTX claimed to be 1 billion in the previous round, and it is suspected of being an inflated figure that it quickly reached USD 3.5 billion. https://t.co/X1O5WqpuXO
On the evening of December 5th, the China’s second-tier exchange, https://t.co/bDedU2w2l5 main site was attacked by a large-scale DDOS traffic, and access to the site resumed one hour later. https://t.co/wGlMryjyqE
On the evening of December 5th, the https://t.co/bDedU2w2l5 main site of China’s second-tier exchange was attacked by a large-scale DDOS traffic, and access to the site resumed one hour later. https://t.co/xCWU4eolgq
CZ expects Binance to have profits of $800 million to $1 billion this year, up from about $570 million last year, as market uncertainty pushes traders into digital coins.(Bloomberg) Data shows that OKEx and Huobi’s problem help binance get more users and profits in Q4. https://t.co/p4ah4A9A6a
Binance told Wu that today’s screenshots about opening BSV transactions are false rumors.