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Hex Trust Joins Hands with Terra to Offer Custody and Staking Facilities


Working as a globally-acclaimed digital asset custodian for DeFi and CeFi systems, Hex Trust has announced its strategic collaboration with Terra, a leading brand name in stablecoins and blockchain firms. The two powerful blockchain-focused entities will lay in joint efforts to expand their network...

2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners


Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining...

Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue


Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to...

Dubai Launching Crypto Valley in Tax-Free Zone


A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups...

Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners


Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint


Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize...

Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners


Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...

Traders Are Now Banned From Using Localbitcoins Exchange in Iran


Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...

CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume


The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented...

Turn Sublime Text 3 into a JavaScript IDE


Sublime Text is one of the most popular editors for web development and software development in general. It’s very smooth and fast compared to other editors (being written in C++ helps that speed). Sublime also has tons of plugins you can find through Package Control. But it’s only a text editor...

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