• OKEx launches OKT staking mining
    Alt coins

    Crypto exchange OKEx launches OKT token staking and mining rewards

    The exchange said that its OKExChain’s newly launched Swap and Farm decentralized applications will allow the holders of its token to earn passive income

    “We have seen its native token, OKT, commanding an all-time high of $86.54 in its first days of trading on the OKEx platform,” OKEx CEO Jay Hao said. “We're thrilled that the team behind OKExChain has been able to provide OKT holders with even more benefits through the Swap and Farm initiatives, and to see OKExChain expanding its utility.”

  • Blockseer mining pool censor
    Bitcoin,  Technology

    Blockseer’s new mining pool: Compliance or censorship?

    DMG Blockchain Solutions is creating a mining pool that will filter out “nefarious” transactions using tools like the U.S. Office of Foreign Asset Control’s BTC address blacklist

    Former Monero lead maintainer Riccardo Spagni—who has 117,000 followers on his @Fluffypony Twitter account—called out Blockseer’s new mining pool for “advertising that it censors transactions as a key selling point.”

  • Venezuela centralizes bitcoin mining
    Bitcoin,  Politics

    Venezuela centralizes bitcoin mining

    A new decree by the economically devastated country would force all Bitcoin miners into a national pool, with mining rewards distributed by the government

    The Venezuelan government’s ideology of centralized control of the economy has led to its collapse into hyperinflation. Now Nicolas Maduro’s regime is bringing that philosophy to the decentralized world of Bitcoin mining.

  • Binance jumps into bitcoin mining
    Bitcoin,  Cryptocurrencies,  People

    Binance jumps into bitcoin mining

    The biggest cryptocurrency exchange promises ‘the lowest rates’ but also raises concerns about the concentration of mining power in a few hands

    Cryptocurrency exchange Binance jumped into bitcoin mining business today, announcing the launch of Binance Pool. The move comes only weeks before the third “halving” will reduce the reward for mining a Bitcoin block from 12.5 BTC to 6.25 BTC—an event that has preceded big price increases in the past.