Shanghai Man: VeChain on TV, DOGE flips BTC volume, Hotbit hack and more ...
Cointelegraph
Published May 06, 2021 07:31PM ET
Updated May 07, 2021 09:40PM ET
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.
Will DOGEmania ever stop?
Dogecoin has officially flipped Bitcoin in a few categories here in China, with DOGE trading volume on leading Chinese exchange Huobi surpassing that of leading assets ETH and BTC. On May 6th, according to CoinGecko, DOGE volume made up more than 15% of total exchange volume, whereas BTC and ETH were around 8% each. Searches for ‘Dogecoin’ on WeChat surpassed searches for Bitcoin, with 2.3 million versus 1.7 million on May 5th. Dogecoin has become increasingly appealing to the Chinese retail community since earlier this year as many are attracted to the virality and get-rich-quick potential of the colorful DOGE community.
Hacking attempt fails, but causes a major ruckus
Shenzhen-based HOO launches Smart Chain contender
VeChain on national TV
Rising salaries for blockchain devs
Miners back up and running... away?
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Written By: Cointelegraph
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