80% of the 2016 Top Exchanges to be Replaced

In 2016, largest cryptocurrency exchanges were OKCoin (184th now), Btctrade (50th now) and Huobi (still at 3rd place)
30 May 2018   815

Over the past 2 years top cryptocurreny exchanges list have met big changes. The research was made by Bitcoin. com.

As of August 2016, according to the data of Coinmarketcap, the leading exchange for crypto-currency was Okcoin.cn with a 24-hour trading volume of $ 440 million. Today it occupies only 184 lines with a volume of $ 17,000. Then and now the main crypto-currencies on the exchange were bitcoin and Litecoin.

The second line in 2016 was occupied by Btctrade, with $ 218 million daily volume. At the moment, this exchange is on the 50th position with a volume of only $ 21 million. Today BTC and ETH is the most actively traded at the exchange.

2016 Top Exchanges List
2016 Top Exchanges List

From the first ten of 2016 only 2 exchanges were able to remain among the largest trading platforms: Huobi and Kraken. Huobi continues to hold the third position: during this time, its volume of trading increased from $ 165 million to $ 1.2 billion.

This is the list of the leading stock exchanges in the world for 2016 and today:

  1. Okcoin.cn (184 now). Today: Binance
  2. Btctrade (50 now). Today: OKEx
  3. Huobi. Today: Huobi
  4. CHBTC (closed). Today: Bitfinex
  5. BTCC (33 now). Today: Upbit
  6. Poloniex (26 now). Today: Bithumb
  7. BTC100 (closed). Today: HitBTC
  8. Btcbox (23 now). Today: Kraken
  9. Itbit (39 now). Today: GDAX
  10. Kraken. Today: Bibox

Thus, the rapid changes in the segment of the cryptocurrency are undergone not only by digital assets, but also by infrastructure elements, such as cryptocurrency exchanges. Among the most popular coins, as of 2016, included Maidsafe, Nxt, Dogecoin and even The DAO.

OK Group to Invest $140M in Chinese DLT Development

The group will open an Asia-Pacific Innovation Development Center in Hainan, and will partner with local authorities for DLT ecosystem development
03 December 2019   236

The OKCoin cryptocurrency exchange operator, OK Group, intends to invest $ 140 million in the distribution of the blockchain in China, The Block writes.

The group will open an Asia-Pacific Innovation Development Center, which will be located in the Chinese province of Hainan, and will partner with local authorities to support the blockchain ecosystem.

Hainan has established the solid foundation for innovation industries, and with the [accelerated] development of blockchain technology, OK Group is really glad to achieve this cooperation. OK Group will make full use of the Asia Pacific Innovation Center to support the innovation and entrepreneurship in the blockchain industry via selecting the potential projects, cultivating industry talents, and incubating the blockchain star-ups.

Star Xu

Founder, OK Group

The innovation center will include a unit for researching data on the blockchain and an international database of entrepreneurs in the field of distributed registry technology, the group said. She also promised that she would focus on the development of practical solutions on the blockchain in order to accelerate their distribution. The main areas of work were named education, employment, healthcare and food safety.