Huobi Group today announced financial results for its digital assets mining and trading pool, Huobi Pool, for the fiscal year ended December 31, 2019. The annual report marks the first time Huobi Pool has released financial data since its launch in 2018. "2019 was a pivotal year for Huobi Pool, driven by strong revenue performance from our staking operations and the rapid growth of our cloud PoW mining service," said Ciara Sun, VP of Global Business at Huobi Group. "We've invested heavily in the Huobi Pool ecosystem and we're excited about the division's continued traction as we expand the service globally this year."
The Public Health Blockchain Consortium has announced the release of a monitoring blockchain for the systematic, continual, and anonymous verification of communities and workplaces that are free from coronavirus COVID-19, and other high-risk viruses, bacteria and fungi, to assist them in staying free of potentially life-threatening diseases.
On March 17, 2020, KuCoin, an IDG-backed crypto exchange, announced today the establishment of KuGroup, and CEO Michael Gan has been appointed as the Chairman of KuGroup. Also, KuCoin co-founder Johnny Lyu has been appointed the position of CEO of KuCoin Global. With the expansion of KuCoin's services and ecosystem, the management team decided to adjust the company structure and establish KuGroup, which consists of three business groups, namely KuCoin Global, KuCloud, and the KuChain & KCS Business Group.
The centralization of power and authority in the hands of a small group of people leaves the majority underprivileged. The lack of resources confines the growth of those people up to a defined level where they cannot compete or overgrow the ones already at the top of the business hierarchy. This is exactly what ails the Big Data, AI, and cryptocurrency mining industry in the present times — the concentration of power, computing power.
KoreConX is proud to announce the launch of the Direct Issuance Platform for use by companies for their capital raising around the world. There are more private companies around the world raising capital. Only 1% get funded by VCs, while the remaining 99% end up going through a number of other channels.
Worldwide Asset eXchange™ (WAX) today introduced WAX Labs, a worker proposal system designed to grow the WAX Blockchain through decentralization and innovation. There are presently more than 75 million WAX tokens worth millions of dollars in the WAX Labs fund, which is allocated towards compensating developers who build upon the WAX Blockchain over many years, making WAX Labs the largest community-owned worker proposal system in the entire blockchain ecosystem.
Bitcoin Association, the global industry organisation that backs Bitcoin SV (BSV), is pleased to announce that it has appointed Alex Speirs as its Head of Communications. Based in London, Alex will lead the Association's internal and external communications, including content strategy, public affairs and relations, and executive communications.
Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has added XTZ to Crypto Earn, allowing users to enjoy up to 6% p.a. on their deposits, paid in XTZ. Crypto.com private users will earn up to 8% p.a. In addition, deposits and withdrawals of XTZ are enabled on the Crypto.com App. Crypto Earn now supports 19 coins including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, MCO, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM with the addition of XTZ. Interest is paid out weekly in the coin deposited with flexible, 1-month or 3-month terms available. Users earn more by staking at least 500 MCO.
IRA investment platform iTrustCapital reports a massive 3X increase in sign-ups from January to February, as seasoned cryptocurrency investors flock to its low-cost platform. iTrustCapital executives identified two main reasons for this increase. First, cryptocurrency investors may be taking positions in advance of a potential bull run driven by institutional adoption of XRP technology, Bitcoin's halving event, and economic uncertainty. Second, awareness of the ease of us
Anonymous bitcoin casino and sports betting platform Kawbet has made user privacy one of its primary objectives. People's private information is an ever hot topic in the crypto world, and Kawbet wants its users to know that they take that issue very seriously. Kawbet does not require KYC or ID, so there is no sensitive client information at risk, and a 100% guarantee of privacy for its users' bets.