Monthly Bitcoin production drops as miners fight rising hashrate
Most Bitcoin miners saw declining production in January as network difficulty soared. However, Riot Platforms bucked the trend with increased output.
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Huobi Derivatives Introduces Circuit Breaker and Partial Liquidations
Huobi’s derivatives trading platform, Huobi DM, has announced a new ‘partial liquidation’ feature that aims to limit trading losses.Sudden market swings can immediately liquidate highly leveraged positions and cause extensive user losses, as seen during the last week’s Bitcoin price crash. The platform’s new liquidation mechanism will jump into action when markets face turbulence to mitigate…

Mitsubishi and Tokyo Tech create blockchain system for P2P energy trading
Beginning in April, the electronics giant and university R&D team will evaluate and tweak the new trading system's performance before commercialization. 2743 Total views 17 Total shares Mitsubishi Electric has teamed up with researchers from the prestigious Japanese university, Tokyo Tech, to jointly design a blockchain-based trading system that can support more flexible, peer-to-peer energy…

SEC serves suit to evasive Richard Heart in Finland, but not in person
The suit was served via an alternate method, as process servers were unsuccessful in contacting Richard Heart in person for months. The United States Securities and Exchange Commission said it served its lawsuit to HEX founder Richard Schueler — aka Richard Heart — at his house in Finland’s capital of Helsinki.In a Dec. 11 New

Digital yuan doesn’t pose a threat to the hegemony of the dollar, says expert
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate. Eswar Prasad, a professor of Trade Policy at Cornell University and a senior fellow at the Brookings Institution, believes that even though China’s digital yuan will enhance the renminbi’s role as an international payment currency, it will “hardly put a…

IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator
IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator.Corporations mingle with blockchain startupsLocal news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the second edition of its four-month program. Per the report, Tribe helps blockchain startups in their growth-stage…

Bitrue, OKEx to offer both DeFi and CeFi options
Hybrid offerings to suit different needs. 1532 Total views 19 Total shares Two exchanges will offer both decentralized and centralized financial options.Both Bitrue and OKEx separately announced plans to provide hybrid services that cater both to the DeFi market and more mainstream centralized finance products.OKEx CEO Jay Hao tweeted on August 30 that the exchange…

NFT artist raises $140K for cancer support charity
The funds raised from the event will help 4,000 people impacted by cancer and locals who need immediate and vital support. 201 Total views 28 Total shares A nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment.Maggie’s Edinburgh — an institution dedicated to

Bitcoin whales hint at $80K 'market rebound' as Binance inflows cool
Bitcoin is seeing a gradual return to buyer interest, but it is large-volume investors leading the way as others stay distinctly "hesitant" after weeks of downside. 409 Total views 1 Total shares Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports. Data from onchain analytics platform CryptoQuant shows