KuCoin, the 12th-largest cryptocurrency exchange with an average daily trading volume exceeding $1.5 billion, has partnered with manufacturers of Proof-of-Work (PoW) crypto mining machines to democratize industrial-scale mining for digital assets.
Cryptocurrency prices are back in the red on Monday following a short-lived rally on Friday, triggered by Federal Reserve (Fed) Chair Jerome Powell’s dovish remarks, which signalled interest rate cuts in September.
XRP gained 8% on Friday after Ripple announced a partnership with Japanese firm SBI Holdings to begin distributing the Ripple USD (RLUSD) stablecoin in Japan.