OKCoin CTO Makes His Exit: Makes Us Wonder About the Future of Bitcoin in China
The Chief Technical Officer of OKCoin, Changpeng Zhao is leaving his position with the exchange after only eight months allegedly due to creative differences with the men upstairs. While neither party has commented about the nature that led to the separation, I cannot help but wonder if the recent bitcoin-related problems being experienced in China had anything to do with Zhao's exit. OKCoin, after all, is a China-based bitcoin exchange, and when talking about his future plans, Zhao mentioned that he is still open to a positon in the bitcoin commercial community, but that the current state....
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PRESS RELEASE. Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio. General Partner and Founder of Yolo Investments Tim Heath said: “This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.” The....
Former head of development at Blockchain Changpeng Zhao has reportedly left the company and taken a position as Chief Technical Officer at Chinese bitcoin exchange OKCoin, it's being reported by CoinDesk. And while some folks may see the decision as shocking, Zhao said the choice for him was all too clear. "OKCoin is already the best bitcoin exchange in China, if not in the world. We plan to make OKCoin truly international. OKCoin has the best technology platform, safest security measures, and above all the best team. We also have highest volume and liquidity, the fastest deposit and....
The ‘big three’ Chinese exchanges – BTC China, OKcoin, and Huobi – have been ramping up their offerings to customers and have demonstrated their desire to expand into lucrative western markets. In a follow-up to our previous interview with OKcoin, this time we got the chance to talk with the CTO of the Beijing-based exchange, Changpeng Zhao, who shared his thoughts on his company’s recent audit, the NY state BitLicense and a whole lot more. CoinTelegraph: OKcoin has revealed it has 104% reserves when it underwent an audit last month. Why did you decide to do this audit and are you looking....
Chinese bitcoin exchange OKCoin is moving into new frontiers. At the North American Bitcoin Conference taking place in Chicago, Illinois, the company announced plans to launch USD-based bitcoin trading (along with litecoin) in the near future - a move they've been planning for quite a while now. The exchange is poised to host their servers for customers in the United States outside of China, and will also be providing English-language customer service and support. "The international site will be skewed very heavily to international users in the user experience. The customer credibility -....
Binance, the world’s largest cryptocurrency exchange, has announced its full exit from Russia with a sale to a newly launched exchange. This move comes as a response to the firm’s compliance issues related to Western sanctions imposed on Russia. In August, Binance began considering an exit from the Russian markets following reports of its continued […]