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Blockchain Is Part Of China’s Master Plan for New Competitor Island to Hong Kong

[sociallocker id="55298"] Chinese authorities have released a master plan for turning southern island province Hainan into a free trade port, Xinhua news reports on June 1. A trade port system will focus on facilitating free trade, investment and cross-border capital flows in the whole island.Government institutions reformThe master plan encourages

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Joint Coinbase-Circle Stablecoin Project USDC Listed on Competitor Kraken

Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs. Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to CryptoX on Jan. 8.  USDC developed by Circle and CoinbasePayment company Circle, alongside crypto exchange powerhouse

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Bitmain Chip Supplier Faces Infringement Lawsuits From Competitor

TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF).Alleged patent infringement GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits in the United States and Germany, accusing Taiwanese TSMC of infringing on 16 GF

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CoinFLEX To Offer Physical Bitcoin (BTC), Ethereum Futures: Bakkt Competitor?

Hong Kong Startup To Offer Physical Bitcoin, Ethereum Futures (With Leverage!) Per a recent piece from Bloomberg, the “contest” for physically-delivered Bitcoin futures is heating up, as another contender has entered the fray. This new contender is a Hong Kong-headquartered up-and-coming crypto startup named CoinFLEX, formerly a branch of U.K.’s Coinfloor. This

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Winklevoss-Led Gemini Cryptocurrency Exchange Launches Tether Competitor

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced the creation of a USD-pegged Ethereum token that looks to supplant tether (USDT) as the stablecoin of choice among bitcoin traders. Announced on Monday, the Gemini dollar (GUSD) aims to become what the controversial tether token has not, a

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