Interestingly, before the suspension of the withdrawal of cryptocurrencies from OKEx, there was a large outflow of BTC from the site.
According to glassnode, a total of 10,000 BTC (~ $ 113 million) were withdrawn in the last 48 hours before withdrawals were closed in two large batches. Hong Kong police "took away" all the secret keys from the wallets of the OKEx exchange
According to an update, along with OKEx founder Mingxu Xi (Star Xi), Hong Kong police have arrested two more senior exchange executives. Insiders point out that their candidacies were not chosen by chance, both had access to secret keys and were released on bail with the condition of their transfer to law enforcement agencies. Now the Chinese authorities fully control about 200 thousand BTC on OKEx cold wallets, which is approximately 1.1% of the total amount of Bitcoin.
The exchange cannot name the exact time for recovering the withdrawal of clients' funds, since law enforcement officers are busy checking wallet addresses for transactions with cryptocurrency on the mainland of the PRC. This is the main reason for the arrest of Star Si, but the reason for the issuance of the order was the OK Group scam with the reverse takeover of the public company LEAP Holdings Group Ltd, whose shares are traded on the Hong Kong Exchange (HKEX).
OKEx would never have been listed under HKEX regulations, prompting Star C to launch a LEAP buyout process. The construction company was selected due to the dire situation, after losing 80% of its capitalization in the second half of 2018. "
Anthony Pompliano transferred 80% of his assets to bitcoins
Morgan Creek Digital co-founder Anthony Pompliano has increased his savings in the first cryptocurrency and now they account for 80% of his assets.
The remaining 20% of Pompliano's assets are in real estate, fiat savings and investments in startups.
“If Bitcoin becomes a global reserve currency or gains global acceptance, it will create a much fairer world. I think this is an important aspect, ”the investor said.
Pompliano added that he has no plans to sell bitcoin, even if its price reaches $ 100,000 by the end of 2020.
Ethereum 2.0 developer predicts network launch soon
The Ethereum 2.0 developer expects the first deposit contract to be released within a few days and the genesis of the chain of beacons of the network in the coming weeks.
Bitcoin ad appears in popular Hong Kong newspaper Apple Daily
A full-page ad for bitcoin appeared on the front page of the Hong Kong-based Apple Daily today. The text introduces readers to bitcoin, but it does not mention where and how to buy cryptocurrency - only a picture of the city skyline and a drawing of a paper airplane that flies to the moon.
The Cantonese ad says, "Banks, don't you dump me today - I dump you." Below, in English with the caption "Satoshi Nakamoto", is added: "Bitcoin will never leave you."
“Bitcoin is digital money. It is not produced or controlled by any government or corporation. No one can stop you from making transactions on the network, it cannot be turned off. Bitcoin is available to anyone, regardless of nationality, gender, or belief. "
In a nutshell, about the top DeFi projects:
• Chainlink is a decentralized network of oracles, a bridge between smart contracts and the real world.
• Uniswap and Balancer - Ethereum exchange protocols. Liquidity pools are used instead of the order book. Users can maintain and create pools on the platforms and are rewarded for doing so.
• Synthetix Network Token is a protocol that allows you to issue and trade tokens that are pegged to fiat currencies, cryptocurrencies, commodities, indices, stocks, and more.
• Maker is a platform that supports the DAI stablecoin and the Oasis decentralized lending marketplace where you can trade, borrow and “save” tokens.
• Aave and Compound - protocols for loans and deposits.
• 0x - protocol for exchanging Ethereum tokens.
• yearn finance - aggregator of various lending platforms (Aave, Compound, Dydx, Fulcrum). Optimizes lending on these platforms.
• WBTC - ERC20 tokens backed by Bitcoins in a 1: 1 ratio
• Kyber Network is a decentralized exchange (DEX). Simple and clear)
• Curve Finance is also a DEX, but only for efficient exchange of stablecoins.
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