Cryptocurrencies Worth Over $400 Million Liquidated Following China Ban


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Cryptocurrencies Worth Over $400 Million Liquidated Following China Ban As the cryptocurrency market recovered from the crash it suffered in April–May — primarily due to tightening Chinese regulation on buying and selling and mining of cryptocurrencies — one other spherical of crackdown by China has left the market within the pink. Chinese regulators intensified their hammering down of those digital belongings, imposing a blanket ban on all cryptocurrency transactions and mining within the nation this week. As a end result, greater than $400 million (roughly Rs. 2,952 crores) value of crypto cash have been liquidated inside a day. This renewed...