Daily Archives: 31.05.2019

Chinese Listed Companies and Bitcoin Mining: Partner or Predator? | Bitcoin Magazine

Chinese Listed Companies and Bitcoin Mining: Partner or Predator? This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the ...

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BlockFi Adds Gemini Dollar Stablecoin Support | Bitcoin Magazine

BlockFi Adds Gemini Dollar Stablecoin Support Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6.2 percent for non-U.S. customers. Founded in late 2017, BlockFi is a U.S.-based startup company that issues loans backed by various cryptocurrencies to its users. This practice allows users to generate cash ...

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Hyperloop: A New Concept by Lightning Aiming to Solve Liquidity Problems | Bitcoin Magazine

Hyperloop: A New Concept by Lightning Aiming to Solve Liquidity Problems About two months ago, Lightning Labs released Lightning Loop, a service that allows users to fill or empty Lightning channels without closing them, thus reducing on-chain fees. The service, developed by Lightning Labs developers Alex Bosworth and Bryan Vu, was created to help users manage their liquidity. The Loop ...

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