Cryptocurrency Loans Company Genesis Processes $550 Million in First Six Months

Genesis Global Trading says it has seen an “incredibly strong reception” from institutional clients Institutional cryptocurrency over-the-counter (OTC) broker Genesis Global Trading revealed its loans spin-off processed over half a billion dollars in its first six months in a new report Thursday, Oct. 18. Genesis, which began its digital asset lending activities in March, revealed […]

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Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases

Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts […]

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Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry

Diversified crypto and blockchain firm DMG Blockchain will develop a blockchain-powered platform to manage supply chains in the Canadian marijuana industry. Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17. As […]

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85 Percent of Developers Can Alter Their Cryptoassets’ Protocol, Research Shows

CryptoCompare’s yearly report indicates a tendency to centralize crypto assets, as 85 percent of their developers can change protocols at any time. Cryptocurrency tracking resource CryptoCompare’s recent study has shown that 85 percent of crypto assets allow development teams to alter their platforms. The report was published Wednesday, Oct. 17, on CryptoCompare’s website. To create […]

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