Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way. The company will hold a series of events as part of its eighth-anniversary celebrations, including giveaway promotions and a space travel ticket, Huobi told to Cointelegraph on Wednesday. Huobi will hold a contest that will offer one lucky winner an experience to literally travel into space. All Huobi Global users across the world are eligible to participate in a free contest but there are certain limitations. “There are still health requirements that have to …
The Chinese government along with its Central Bank have taken extraordinary measures to halt the free-fall of its stock markets. But while these measures appear to have stopped the bleeding for now, is government intervention the right solution for the world’s second largest economy? Or will it ultimately hurt the overall confidence of investors and the public towards Chinese markets and force money to flee to other asset classes such as gold or virtual currency? The ‘Greenspan Put’ Former Fed Chairman Alan Greenspan was perceived to be so market friendly and communicated such to the markets that most investors in …