Muyao Shen

Reporter

Muyao was a markets reporter at CoinDesk based in Brooklyn, New York. She interned at CoinDesk in 2018 after the initial coin offering (ICO) craze before she moved to Euromoney Institutional Investor, one of Europe's largest business and financial information companies. She graduated from Columbia University Graduate School of Journalism with a focus in business journalism.

Latest from Muyao Shen

Markets

First Mover: What China Crackdown Means for $18K Bitcoin as Dimon Passes on 'Tea'

Fewer new bitcoin may be hitting the market because miners in China can't sell their bitcoins due to a crackdown by their government.

Nov 19, 2020

Markets

Bitcoin Cash Has Split Into Two New Blockchains, Again

Bitcoin Cash split into two blockchain again, but one of the new chains has received no hashpower so far.

Nov 15, 2020

Bitcoin Cash successfully split into two blockchains, again.

Markets

Value DeFi Suffers $6M Flash Loan Attack

The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.

Nov 14, 2020

Markets

Roger Ver: Bitcoin Cash Hard Forks Could Have Thwarted PayPal Support

Roger Ver, one of the biggest bitcoin cash advocates, is not a fan of the scheduled fork event of the cryptocurrency's network.

Nov 14, 2020

Roger Ver, one of the biggest advocates of bitcoin cash, said PayPal would not have supported bitcoin cash if the payment giant knew about the network's "contentious" hard forks.

Markets

$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges

The Chinese government cracks down on the crypto exchanges (again), but Binance has been benefiting.

Nov 13, 2020

Markets

Bitcoin Price Breaks Above $16K for First Time in 3 Years

Bitcoin's price breaks above $16,000, reaching an almost three-year high.

Nov 12, 2020

Bitcoin's price has reached heights not seen since December 2017.

Markets

First Mover: Bitcoin Pause, Ethereum Snafu, 1,000% Returns Put Focus on Exchange Tokens

Binance Coin and exchange tokens are popping as bitcoin's rally shows signs of temporary exhaustion and Ethereum gets snared in blockchain split.

Nov 11, 2020

Traders are giving exchange tokens a new look – as a bet on the exchanges themselves.

Markets

Exchange Tokens Are Skyrocketing as They Act More Like Equity; That Could Be a Problem

Centralized exchange tokens have been skyrocketing this year, but there is one problem behind the astonishing performance: They are becoming more like equity.

Nov 11, 2020

Markets

OKEx, Still Paralyzed by Founder’s Arrest, Details Plans for Bitcoin Cash Hard Fork

While cryptocurrency withdrawals on OKEx remains suspended, the exchange is detailing its plans for the scheduled Bitcoin Cash fork in November.

Oct 29, 2020

Markets

Huobi Beefs Up Venture Arm With Former DragonFly Partner Leading DeFi Investments

Alex Pack from DragonFly will Join Huobi to help invest "tens of millions of dollars" in decentralized finance.

Oct 29, 2020

Alex Pack, a former managing partner at crypto investment firm Dragonfly Capital

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