Wednesday, May 8, 2024

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

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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

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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

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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

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