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 flow…

Exploring Illegal Mining Camps in Western China

This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous. Now, 70 percent of the world’s bitcoins are produced in China, while 70 percent of China’s “stock” are in Sichuan, a western province…

Mobile Mesh Network Users Get New Incentives via Lightning

Mobile mesh network company goTenna has released the white paper for its new Lot49 protocol, an open-source project headed by company subsidiary Global Mesh Labs. goTenna has previously made headway in the crypto space with its work on decentralized mobile mesh networks, attempting to create a censorship-free method of carrying out bitcoin transactions without the…