A lot of speculation in the market: Okcoin CEO on crypto sell-off

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  • CNBC Television published this video item, entitled “A lot of speculation in the market: Okcoin CEO on crypto sell-off” – below is their description.

    Dan Dolev, Mizuho Securities Analyst, and Hong Fang, Okcoin CEO, join ‘Power Lunch’ to discuss the triggers behind the cryptocurrency sell-off.

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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