Ethereum’s Potential is ‘Exciting’ and It Will ‘Ultimately Succeed’, Analyst Says – CCN.com
Read More
News
Oil Giants Hire Blockchain Startup to Manage Water in Bakken Fields
A consortium of oil companies including Exxon Mobil, Chevron and Royal Dutch Shell looks to blockchain to manage water used in oil extraction in North Dakota’s Bakken oil fields.Oil and waterAs Reuters reported on Sept. 10, the Offshore Operators Committee (OOC) Oil & Gas Blockchain Consortium has awarded a
Read More
Power Ledger Goes to Rural Australia to Trade Surplus Energy via DLT
Australian blockchain energy startup Power Ledger has launched its first trial of peer-to-peer (P2P) energy trading technology in rural areas.Energy monetization for outlying settlementsAccording to a blog post on Sept. 9, Power Ledger has launched pilots outside of a metropolitan area in Western Australia, intending to help outlying commercial
Read More
Bitcoin Safe Haven Asset Status Assured Amid Changing Investment Demographic
Cryptocurrency trader Murad Mahmudov says bitcoin will be the biggest winner amid the changing tide developing in the investment scene. Mahmudov’s tweet is the latest in a growing trend of endorsements for the top-ranked cryptocurrency as a haven asset. Meanwhile, the monetary policies of governments and central banks across the
Read More
Tether Introduces New Yuan-Linked Stablecoin, CNHT
The cryptocurrency space has had its fair share of controversies throughout the course of its short existence, and one of the biggest ones to date is the one related to stablecoins. There are plenty of stablecoins in circulation these days, but the most controversial one so far is Tether, and
Read More
Plans to Build $50M Bitcoin Cash Tech Park Revealed
At the Bitcoin Cash City conference in North Queensland, the CEO of Code Valley, Noel Lovisa, announced plans to build a $50 million dollar Bitcoin Cash tech park in the
Read More
Coinbase Launches USDC-Based Initiative to Support DeFi Developers
Cryptocurrency trading platform Coinbase has launched the new USDC Bootstrap Fund aimed at the improvement of Decentralized Finance (DeFi).As the company announced on Sept. 10, Coinbase set up the USDC Bootstrap Fund to support developers who build DeFi protocols by investing USD Coin (USDC) directly in the protocol. Coinbase
Read More
Facebook Libra to Be Pegged to Multiple Currencies as Stablecoin
One of the biggest disruptions to the crypto space this year has been the announcement of Libra from the tech giant Facebook (NASDAQ:FB) back in July. The white paper published by the company about its cryptocurrency resulted in a lot of chaos and eventually led to turmoil in the crypto
Read More
Bakkt to Require $3,900 Down Payment on Bitcoin Futures Contracts
Bakkt has officially revealed the initial deposits its customers will have to make to margin trade its bitcoin futures products. In a new notice posted Tuesday, ICE Futures U.S. – the actual futures exchange Bakkt’s contracts are trading on –
Read More
ICE Releases Initial Margin Limits for Bakkt’s Coming Futures Trading
The Intercontinental Exchange (ICE) has announced tentative margin requirements for Bakkt Bitcoin (BTC) futures trading contracts. The announcement appeared on ICE’s official website on Sept. 9.Bakkt futures margin requirementsPer the notice, the initial hedge requirement for daily and monthly futures contracts is $3,900. The speculative initial requirement for both contracts
Read More