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A Look at Bitcoin Trends by Distribution


Jay Hao. Jay Hao is the CEO of crypto exchange OKEx. _____ Bitcoin (BTC) is a frequently discussed topic and Blockchain Center recently released some data that allows us to have a broader view of BTC from the perspective of its distribution. Breaking it down, the data shows that the current...

Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range


The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash...

Is "Fair Launch" a Better Model for Token Distribution?


Jay Hao. Jay Hao is the CEO of crypto exchange OKEx. ____ Everybody's talking about “Fair Launch” nowadays. So, what exactly is “Fair Launch,” and is it a better model for token distribution? Actually, Bitcoin (BTC) can be considered a typical fair launch coin; that's to say, no Private sale,...

Power Plants in Iran Are Authorized to Mine Bitcoin


Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...

FTX Exchange 'Games the Rules' on BAL Token Distribution – Report


Following a sharp rise in price during its first few days of trading, decentralized finance (DeFi) platform Balancer’s BAL token is down by nearly 16% today - after the team behind the new protocol had to intervene to stop an exchange from continuing to exploit a weakness in the token distribution...

Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving


Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...

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