Mining Network

2017 has come to an end. This year, Bitcoin has experienced great ups and downs. Central bank regulation, Bitcoin fork, breaking through $10,000 and other events have made Bitcoin more familiar to more people. It was once nicknamed "Internet celebrity Bitcoin" by netizens! Below, Wabi.com will review the major events of Bitcoin in 2017 for you. See how much do you know?

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January
On January 6, the People's Bank of China and its Shanghai headquarters held talks with three Bitcoin exchanges - Huobi, Bihang and Bitcoin China - in Beijing and Shanghai respectively. /news/19732.html
On January 11, the central bank inspection team entered Bitcoin and Litecoin trading platforms such as "Bitcoin China", "Huobi.com" and "Bihang" to conduct on-site inspections. /news/19799.html
On January 12, Bitcoin China, Huobi.com, and OKCoin recently took some "deleveraging" measures, restricting or suspending the "financing" and "currency financing" of Bitcoin spot. /news/19880.html
On January 22, the three major domestic Bitcoin trading platforms jointly announced that they would start charging transaction service fees on January 24. /news/19908.html
February
On February 8, the Business Management Department of the People's Bank of China interviewed the heads of nine bitcoin trading platforms in Beijing. /news/19969.html
Huobi, OKCoin and Bitcoin China, the three major Bitcoin trading platforms, have all suspended withdrawals of Bitcoin and Litecoin. /news/19979.html
March
On March 11, the U.S. Securities and Exchange Commission (SEC) officially released a report saying that it had rejected the Bitcoin ETF, and BTC fell 10% in response. /news/20289.html
April
On April 1, Bitcoin will become a legal payment method in Japan, and 260,000 stores in Japan will accept Bitcoin payments. /news/20412.html
3831 BTC stolen from South Korean Bitcoin exchange Yapizon, users will share all losses. /news/20628.html
May
On May 12, the ransomware virus swept the world, and the price of Bitcoin fell by nearly $100. /news/20775.html
OKCoin will open Bitcoin and Litecoin withdrawals on the evening of May 31! The daily limit for each person is 20 BTC. /news/20891.html
June
The China Miners Alliance announced that it will accelerate the implementation of the New York Consensus expansion plan. /news/20991.html
July
Bithumb, South Korea's largest digital currency exchange, was hacked, and billions of won of users' funds disappeared. /news/21091.html
The operator of Bitcoin exchange BTC-e was arrested for 4 billion yuan! /news/21151.html
August
On August 1, the first Bitcoin Cash block was created, containing 6,985 transactions. /news/21208.html
ICO regulation is an inevitable trend, and the Central Bank of Singapore has issued a series of ICO risk warnings. /news/21201.html
Bitcoin Segregated Witness officially activated on August 24
September
On September 4, Beijing launched the ICO clearance work. /news/21315.html
On September 14, Bitcoin China announced that it would stop all trading operations on September 30. /news/21339.html
Bitcoin mining may enter the 7-nanometer era, and the giant GMO said it will start mass production in May next year. /news/21337.html
On September 15, Beijing issued a notice to shut down Bitcoin exchanges. /news/21344.html
On September 26, Bikan announced on its official website that it would close its related businesses on September 30. /news/21371.html
October
Domestic trading platforms have stopped trading RMB and Bitcoin and are turning to overseas markets. /news/21491.html

November
On November 29, Bitcoin broke through the $10,000 mark! /news/21590.html
December
On December 11, the Chicago Board Options Exchange (CBOE) launched Bitcoin futures. /news/21613.html

On December 17, the Chicago Mercantile Exchange (CME) Bitcoin futures were officially listed.

2017 has ended and 2018 has arrived. Many industry analysts expect that the price of Bitcoin will soar in 2018. The CEO of FunFair Technologies also predicted that "2017 is the year of Bitcoin, and 2018 will be the year of Ethereum". In short, 2018 is another year that people are looking forward to.