As the Bitcoin network showed signs of a bullish rally on the market, Ethereum. The second-largest crypto was not far behind in showing signs of a market upward trend. The Etheruem network has highlighted the ecosystem’s strength not only with the coin’s market position. But also with its extended ecosystem. As regards the ETH coin, […]
The world’s biggest stablecoin, Tether’s USDT, just launched on the Bitcoin Cash blockchain network and seen a massive surge of interest in recent weeks because of the haven status. Tether reached a market cap of $5.7 billion, and now more than $180 million was minted over the past week surpassing Bitcoin’s price increase in the […]
Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. BitFinex & Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in the keynote speech at the CryptoCompare Digital Asset Summit in London on March 10, a statement […]
The all-time controversial cryptocurrency payment processor BitPay supports three major stablecoins now in addition to its existing list of supported tokens. According to the press release, BitPay confirms that businesses could accept payment in USDC, GUSD, and PAX. All of them are pegged to the U.S. dollar. USDC stands for USD Coin GUSD stands for […]
As bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches, Chinese media outlets are reporting a sharp increase in bogus crypto, blockchain, and digital yuan-related schemes in the country. According to reports from JRJ and the National Business Daily, unsuspecting investors are putting up as much as USD […]
Blockstream, a major blockchain company based in Vancouver, Canada, said it had launched an open source, battery-powered bitcoin storage hardware wallet (BTC) and digital assets issued on the Liquid Network, including tokens such as the stablecoin tether (USDT). The wallet is called the Blockstream Jade. The company currently runs the Blockstream Green crypto wallet, fronted […]
In all of its stores in Venezuela, the famous U.S.-based pizza chain has begun accepting crypto-currency payments. Pizza Hut stores in the South American country now accept crypto as a form of payment for food and drinks, according to a Nov. 27 tweet from the crypto services company CryptoBuyer. The move follows Mega Soft’s crypto […]
Per a U.S. interpretive letter National banks will be free to hold reserve currencies for stable coins, the Office of the Comptroller of the Currency released on Monday. “We conclude that a national bank can hold such ‘reserves’ of stablecoin. As service to bank customers,” the new guidance reads. In addition to the announcement, Acting […]
Worldwide, the total number of Bitcoin ATMs has now passed 10,000. According to Norwegian financial services company AksjeBloggen, the number of Bitcoin ATMs (BTMs) has jumped from the 5336 recorded in September 2019 to 87% in the past year. There were almost 3,900 new ATMs added in 2020 alone. CoinATMRadar’s monitoring resource currently shows there are […]
On Sept. 6, the world’s largest crypto exchange Binance unveiled the platform Launchpool. The new platform will allow users to securely farm new assets as well as users will get new token rewards in return for staking BNB, BUSD and other tokens, according to Binance. The first project in Launchpool is the Bella protocol, where […]