Bitcoin 

ICE Releases Initial Margin Limits for Bakkt’s Coming Futures Trading

The Intercontinental Exchange (ICE) has announced tentative margin requirements for Bakkt Bitcoin (BTC) futures trading contracts. The announcement appeared on ICE’s official website on Sept. 9. Bakkt futures margin requirements Per the notice, the initial hedge requirement for both the daily and monthly futures contracts is $3,900. The speculative initial requirement for both the contracts, on the other hand, is $4,290. The inter-month addons for the monthly and daily futures contracts are between $400 and $1,000 for the hedge rate and between $440 and $1,100 for the speculative rate. These…

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Bitcoin 

Casa Releases Node Monitor Service to Improve Bitcoin Network Health

Casa, a crypto firm that provides a private key management service and Bitcoin node machine, has unveiled a node monitor and accompanying rewards program to promote Bitcoin network health. Casa announced the new projects in an official blog post on Aug. 21. Per the announcement, the node monitor — called Node Heartbeats — relies on establishing a brief connection between Casa’s server and an online, synced and Tor-activated node owned by a customer. The rewards program lets Casa node users earn 10,000 SatsBack per week in exchange for performing 5…

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Ethereum 

Samsung Releases Blockchain and DApp Software Development Kit

South Korean technology behemoth Samsung announced the release of its blockchain and decentralized application (DApp) Software Development Kit (SDK) in a recent post on its website. Per the announcement, the Samsung Blockchain SDK allows for account management and backup, payment and digital signature facilitation, Samsung Keystore and other cold wallet support. The page dedicated to the SDK also explains that it is a superset of all SDKs, including the Samsung Blockchain Keystore SDK. As Cointelegraph reported in February, the new Samsung smartphone, the Galaxy S10, includes storage for private cryptocurrency…

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Cryptocurrency 

Chia Releases Green Paper Detailing Eco-Friendly Means of Crypto Mining

San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly means of mining cryptocurrencies. The green paper provides a description of how proof of space and proof of time create a “Nakamoto-style” consensus algorithm for Chia’s blockchain. Specifically, Chia proposes to “farm” rather than mine to verify blockchains that issue cryptocurrencies, wherein proof of space and proof of time take the place of the proof of work (PoW) principle used for mining of Bitcoin (BTC) and Ethereum (ETH). The paper further explains:  “Instead of using…

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