Contributor
Ningwei is a Research Associate at Forkast. She focuses on China beat with her previous experiences in major Chinese media of Caixin, CCTV and People's Daily. Ningwei holds a Masters degree in Journalism from the University of Hong Kong.
Crypto Trading and Strategies
Crypto exchange Huobi Global announced the formation of a five-member global advisory board after Hong Kong-based asset management firm About Capital Management purchased a majority stake of the exchange. See related article: Huobi looks to sell stake that values exchange at US$3 bln, Bloomberg reports Fast facts See related article: Huobi is third global exchange […]
Ningwei Qin
Advanced Blockchain Technologies
The former CEO of Huobi Global has jumped into the GameFi space.
Ningwei Qin
Altcoins
Ethereum liquid staking protocol Lido has announced the expansion of its staking token stETH to Ethereum layer 2 networks Arbitrum Bridge and Optimism, according to a Friday tweet. See related article: Vitalik Buterin: Layer 2 the future of Ethereum scaling Fast facts This expansion comes with the launch of a token called wstETH — a […]
Ningwei Qin
Advanced Blockchain Technologies
Software company Spexi has raised US$5.5 million in seed funding to create Spexigon, the world’s first crypto-powered fly-to-earn drone imagery platform based on the Flow blockchain, according to a press release on Tuesday. See related article: X-to-Earn: Eat, sleep, do almost anything for pay in crypto Fast facts See related article: Run-to-earn protocol Stepn announces […]
Ningwei Qin
Blockchain Security
A hacker in the Transit Swap recent hack will consider returning more funds after Transit Swap completes the first phase of user returns, according to a message transmitted on blockchain from one of the hacker’s addresses on Thursday. See related article: Hacker returned 70% of stolen US$23M in funds: Transit Swap Fast facts See related […]
Ningwei Qin
Regulation
Criminals have used decentralized exchanges (DEX), cross-chain bridges and coin swap services to launder more than US$4 billion worth of illicit crypto gains, according to a research report by blockchain analytics firm Elliptic. See related article: SWIFT, Chainlink announce cross-chain interoperability pact Fast facts See related article: Chainalysis says $2 bln stolen in cross-chain bridge […]
Ningwei Qin
Altcoins
Bankrupt crypto lender Celsius’ cofounder and chief strategy officer S. Daniel Leon has resigned, a week after the company’s CEO Alex Mashinsky stepped down, according to an internal company memo viewed by CNBC. See related article: Alex Mashinsky steps down as Celsius CEO Fast facts The company’s previous global tax director, Lior Koren, is taking […]
Ningwei Qin
Blockchain Security
Cross-chain DEX (decentralized exchange) aggregator Transit Swap was exploited, resulting in US$23 million lost funds, crypto auditor SlowMist said on Sunday. The hacker has returned 70% of the stolen funds, Transit Swap said on the same day. See related article: Nomad’s US$200 million hack; Saylor steps down Fast facts See related article: Why blockchain bridges […]
Ningwei Qin
Regulation
Amendments drafted by European Parliament members on anti-money laundering (AML) regulation removed provisions seeking compulsory identification for crypto transfers involving non-custodial wallets, according to crypto news outlet The Block reported on Thursday. See related article: EU seeks to limit banks’ crypto exposure Fast facts See related article: Bitcoin, proof-of-work ban removed from European Union’s MiCA
Ningwei Qin
Altcoins
The number of newly-registered Ethereum Name Service (ENS) addresses in September reached a monthly all-time high of 427,325 at the time of publication, despite total NFT trading volume falling 97% from January when sales peaked, according to data from Dune Analytics, a crypto analysis site. See related article: ENS domain name expires as developer is […]
Ningwei Qin
