Major Crypto Exchanges Huobi Global and OKEx Launch Support for Tron-Based USDT

Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx — have announced their support for the Tron-based version of stablecoin USDT. Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx — have announced their support for the Tron-based version of stablecoin Tether. The developments were announced in two official announcements, both […]

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Bakkt Gets $740 Million Valuation But Investors Have Questions, Sources Reveal

The significant valuation was leaked to the media following Bakkt’s 2018 Series A funding activities. Intercontinental Exchange’s to-be-launched institutional trading platform Bakkt has earned a $740 million valuation after it raised over $180 million in funding last year, anonymous sources told cryptocurrency industry news outlet The Block on March 21. Bakkt, which has yet to […]

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Report: Bitmain Plans to Set Up 200,000 Crypto Mining Machines in China

Leading crypto mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China to benefit from cheap hydroelectric power. Cryptocurrency mining giant Bitmain is reportedly planning to set up 200,000 units of mining equipment in China to benefit from low-cost hydroelectric power in the country, crypto media outlet CoinDesk reported […]

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US Missoula County Considers Requiring Crypto Miners to Use Renewable Energy

Proposed regulation in the United States Missoula County would require mining operations to produce or purchase renewable energy. The official website of the United States Missoula County in Montana reports that the country commissioners have discussed regulation of cryptocurrency mining on March 14. The county website contains two drafts, one being the Cryptocurrency Mining Resolution […]

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Mt. Gox Trustee: Creditors Will Soon Receive Decisions Over Rehabilitation Claims

The trustee of Mt.Gox has announced that he has concluded the processing of creditors’ rehabilitation claims. Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt. Gox, has announced he has concluded the processing of creditors’ rehabilitation claims and that they will be notified of the results within days. The announcement was published in an […]

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WSJ Claim of $9 Mln Laundered Via Shapeshift Based on Flawed Investigation, Analysts Say

Analysts have accused the WSJ of using flawed investigative methods when reporting on alleged laundering via crypto exchange ShapeShift. Blockchain intelligence firm CipherBlade has accused the Wall Street Journal (WSJ) of using flawed investigative methods and thus overestimating the extent of alleged money laundering via crypto exchange ShapeShift. CipherBlade’s analysis of the WSJ report was […]

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Lightning Labs Releases Alpha Version of Lightning Offramp Solution Lightning Loop

Blockchain development company Lightning Labs announced the initial release of Lightning Network offramp Lightning Loop. Blockchain development company Lightning Labs has announced the initial release of the Lightning Network offramp Lightning Loop in a post on its blog published on March 20. Per the announcement, the software provides a non-custodial way to receive funds through […]

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