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Baidu Weibo block Binance Huobi OKEx search results and prohi
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Date：2024-04-14 21:03:26 Channel：Trade Read：
Amid the booming development of the digital currency market, Baidu and Weibo have successively blocked the search results of well-known trading platforms such as Binance, Huobi, and OKEx, causing an uproar in the market. What’s even more shocking is that burning cryptocurrencies has also encountered a ban. This series of events not only affects the development of the digital currency market, but also tugs at the heartstrings of investors. This article will delve into the reasons and impacts behind this incident and reveal new trends in the digital currency field.In the digital currency market, Baidu and Weibo, as the most influential search engines and social platforms in China, play an important role in leading public opinion and information dissemination. When they successively blocked the search results of well-known trading platforms such as Binance, Huobi, and OKEx, they undoubtedly cast a shadow on the digital currency market. Investors are accustomed to obtaining the latest market trends and information through search engines and social platforms, and this move undoubtedly brings some trouble to their investment decisions. This behavior has also triggered market discussions on freedom of speech and information dissemination, and people have begun to think about whether the digital currency market needs a more standardized and transparent regulatory mechanism.The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
In addition to being blocked from search results, what shocked the market even more was the ban on burning cryptocurrency. Burning cryptocurrency is a mechanism to stabilize currency value by destroying part of the tokens. It is considered to be one of the effective means to maintain the stability of the digital currency market. However, as regulatory policies tighten and regulators pay more attention to the digital currency market, burning cryptocurrency has also become a regulatory focus. Some regulators are concerned about the potential risks of mechanisms for burning cryptocurrencies and have introduced bans to curb their momentum. This has undoubtedly brought a considerable impact to investors and practitioners in the digital currency market, and has also triggered market thinking and discussion on regulatory policies.
According to reports yesterday (9th), China's large online platforms Baidu and Weibo launched keyword censorship against three cryptocurrency exchanges (Huobi) and Huobi (Huobi), which mainly focus on Chinese users.
On China's search giant Baidu, searches for Chinese and English keywords on the three exchanges mentioned above show no relevant entries. This is the first time Baidu has censored cryptocurrency-related keywords. However, searches containing this term have not been removed, such as Huobi software download, Binance Research (Binance Research)
Academy), etc., and there are millions of search results.
In addition, keywords such as Bitcoin and Ethereum are still displayed normally.
**Microblog is also muted**
At the same time, a similar situation occurred on Weibo, China’s large social networking platform.
At present, keywords in Chinese and English on Binance, Huobi, and OKEx are also displayed as no relevant results found, but the posts and accounts containing these keywords have not been deleted. Keywords such as Bitcoin and Ethereum and super chat communities are also not blocked.
The self-media "Wu Shuo Blockchain" also pointed out yesterday that another major Chinese search engine Sogou and the Q&A website Zhihu also took similar actions against related searches of these three exchanges.
It is currently unclear when these online platform giants began censorship, but "The
Block” pointed out that Chinese users noticed these phenomena late Wednesday afternoon local time. Binance stated this to the foreign media "CoinTelegraph" yesterday:
"Unable to comment on the situation, but Binance does not currently have exchange operations in China."
Earlier this week, Weibo also blocked the accounts of at least 20 cryptocurrency KOLs with a total of more than 5 million followers.
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