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Beijing has been named as China’s top blockchain city in the 2020 Chinese Blockchain Innovation Rankings ahead of the blockchain hub of Shenzhen.
The rankings were revealed in a special session at the China International Fair for Trade in Services Summit.
Decentralized exchanges have gained significant traction amidst revived interest in blockchain technology overall. Users are entrusting billions of dollars with decentralized exchanges, ushering in a new era of finance driven by the so-called decentralized finance (Defi) industry.
Crypto investing firm Grayscale recently released its 2020 Bitcoin Investor Study. The report used data from a survey which digitally polled a sizable number of individuals in the U.S. between June and July. Grayscale found the majority of the surveyed people were keen on buying Bitcoin (BTC).