A picture to understand the blockchain: expansion, going to sea, ending, a decade of exchange history

Expansion, going to sea, ending-ten years history of exchanges

On November 14, the Central Bank's Shanghai Headquarters Mutual Funds Rectification Office and the Shanghai Financial Stability Liaison Office jointly issued a notice to reorganize digital token trading venues.

The exchange is where most people first recognize, understand, and then have a digital token, which is an important part of the blockchain industry ecology. Exchanges provide a convenient medium for the exchange and circulation of value, even for those industries that wander in the gray areas of the law. Here is the myth that the cottage pass doubled overnight, and there are lonely gamblers who have suffered huge losses and left the market sadly. Collecting high fees and commissions is the only secret of the exchange through the bulls and bears. The cold wallet that stores tens of thousands of BTC has also made it a hunting target for countless hackers. Pure cryptopunk and geeks attacked the exchanges with centralization as a reason, on the other hand, the development prospects of decentralized exchanges are still confused. It's been ten years since the birth of BTC, and digital token exchanges are arguing with each other, taking turns to rule. A chart in this issue shows the ten-year history of the rise and fall of exchanges, while reflecting the epitome of the entire industry.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


October Mining News by Wu Shenma releases new mining machine, El Salvador's first mining pool, Bitmain launches Aleo mining machine, and more.

Author | Wu talks about Block chain 1. Bitfarms announced the mining of 411 Bitcoins in September 2023, with a 7.3% i...


Galaxy Digital Founder: Bitcoin ETF Will Become SEC's "Stamp of Approval"

The founder of Galaxy Digital believes that the approval of a bitcoin ETF for spot trading is essentially a recogniti...


Wu's Weekly Selection Tornado Cash Co-founder Arrested, HashKey to Open Retail Investors Next Week, and Top 10 News (0819-0825)

Author | Wu Shuo Blockchain Weekly News Top 101. The US government arrests the co-founder of Tornado Cash and include...


Conversation with Galaxy Digital Potential Impact of Spot Bitcoin ETF on the Market

The launch of a spot Bitcoin ETF will enable wealth management advisors who are restricted to offer clients Bitcoin i...