Bitmain, the industry-leading fabless manufacturer of computing chips, has launched its 50MW mining farm in Rockdale, Texas, as announced today alongside the Rockdale Municipal Development District (MDD) and DMG. "We are excited to launch this facility, which is significant to Bitmain's global expansion plans. The stable and efficient energy resources in Texas are fundamental to the inevitable scale of growth for the cryptocurrency mining industry," said Clinton Brown, Rockdale Lead Project Manager for Bitmain.
Paxos Global PTE Ltd, a fintech company that digitizes and mobilizes assets, and Stable Universal, today announced at the Eurasia Blockchain Summit that 1:1 conversion between HUSD and PAX is now supported on Huobi Global. This marks the first time that two stablecoins are available for 1:1 conversion, allowing for open circulation. The same functionality will be available on the Paxos platform in the near future.
PrimeXBT, a Bitcoin-based margin trading platform offering up to 500x leverage across forex, stock indices, commodities, and cryptocurrencies, has announced the debut of a new, progressive fee system, rewarding the platform's most active traders with up to a 50% discount on all trading fees. PrimeXBT continues to bolster its competitive advantage by reducing the already low fees offered on its advanced trading platform, encouraging increased trading activity and allowing traders to retain even more of the profit generated from successful positions.
Celsius Network (https://celsius.network/), the industry-leading cryptocurrency interest income platform, announces today it has added support for four new stablecoins from TrustToken (https://www.trusttoken.com), one of the leading global stablecoin providers. The Celsius Network platform now pays up to 10% APR on 10 different stablecoins pegged to stable currencies around the world.
Tourcom LLC (CEO Bae Kyun Park), the parent company of Tourcom Blockchain, announced on October, 15th, it had entered into a strategic investment agreement with Wishbeen (CEO Dong-Doo Park), South Korea's largest travel information sharing service platform, through equity acquisition of Wishbeen. The agreement is to develop high-quality travel data, accelerate platform development, and expand the token ecosystem of Tourcom Blockchain, a customized travel platform that combines Blockchain and AI.
A consortium comprising CoinShares, Europe's Largest Digital Asset Manager, Blockchain, the leading provider of cryptocurrency products including the World's most popular crypto wallet, and MKS (Switzerland) SA, part of the world's most trusted gold group, today announced that after two years in development, it has launched the DGLD network with more than $20M in gold digitized. DGLD is a digital asset (token) representing allocated physical gold stored in a Swiss vault and tokenized with a side-chain built on the Bitcoin network.
Marshal Lion Group will allow to invest into products in a dedicated platform, which are based on actual non-bank loans granted to companies and individual clients. The Marshal Lion team's project will enable both large-format and smaller investors to obtain direct and potentially exceptionally profitable access to the industry. A good point is that project pays really serious attention to Arab region.
RockItCoin, one of the nation's largest bitcoin kiosk operators, partnered with the Blockchain Institute to install its 200th cryptocurrency kiosk, located at 4649 N Broadway inside the Hackhaus co-working space. "This installation marks yet another milestone in our company's growth," said Michael Dalesandro, CEO and founder of RockItCoin (www.rockitcoin.com). "After installing machines across the country, it means a lot to install our 200th one in Chicago, where we started the company."
Asia-based blockchain venture firm, NexChange Group, announced a partnership with New York alternative investment firm, Horton Point, to launch a state-of-the-art marketplace for the institutional digital asset management industry. The Nexyst platform will provide seamless access to a broad range of professionally managed actively-traded crypto strategies and passive investment solutions. Nexyst will debut its initial offering in October 2019.
Reddcoin (RDD), the original social network cryptocurrency coin, is proud to announce the rollout of PoSV v2, the latest revision of its latest proof of stake velocity protocol, to provide enhanced network growth stability, strengthen staking incentives, and provide funding support for development teams. Reddcoin expects the fork to activate at block 3 million of the RDD blockchain, scheduled for end-October 2019.