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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Vitalik Buterin: High Ethereum Price Good for Security, Ecosystem Development

Ethereum co-founder Vitalik Buterin says that strong ether prices are important both for network security and the wider ecosystem’s development. Ethereum (ETH) co-founder Vitalik Buterin says that high ether prices are important both for network security and the wider ecosystem’s development. Buterin made his remarks during an interview for Laura Shin’s crypto-focused “Unchained,” hosted at […]

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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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