altcoin news

Blockchain in Oil and Gas Management

Argentina’s Natural Gas Regulator ‘Enargas’ Launches Blockchain Network

Enargas which is considered Argentina’s biggest natural gas regulator has recently approved a blockchain-based gas distribution tracking platform. The system was already piloted by a local distributor which is servicing over 2 million residents in the country. According to an announcement on March 18, the system – named Gasnet – was authorized for nationwide expansion. […]

Rapper Akon shares whitepaper for upcoming cryptocurrency akoin

Rapper Akon Shares Whitepaper for Upcoming Cryptocurrency “Akoin”

Rapper and entrepreneur, Akon, shared the whitepaper for his upcoming “Akoin” cryptocurrency project exclusively with the crypto news sharing site Cointelegraph. The document describes Akoin as a cryptocurrency “designed for entrepreneurs in the rising economics of Africa and beyond,” adding that the project’s mission is to “unlock the potential of the world’s largest growing workforce” […]

Binance.US will list tezos token for trading

Binance.US will List Tezos Token for Trading on 16th March

On March 16th, digital asset marketplace Binance.US will list XTZ, the in-house cryptocurrency of blockchain project Tezos. According to an announcement on Binance’s website, trading for XTZ/USD and XTZ/BUSD trading pairs will be available on Monday, March 16th at 9:00 AM EST. At the time of writing, users on Binance.US can deposit USD, BUSD, or […]

defi leader makerdao partners with simplex

DeFi Giant MakerDAO Partners with Simplex to Build a DAI Fiat On-Ramp

Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its DAI decentralized stablecoin. According to the 3rd March’s announcement, the partnership makes it possible to buy DAI with the credit and debit cards of Simplex’s partner firms. Maker’s business development representative in Europe, Gustav Arentoft, said: […]

Bank of England warns crypto adoption may impact credit creation

Bank of England Warns Crypto Adoption May Impact Credit Creation

Jon Cuncliffe, the deputy governor for the financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the crypto adoption may weaken or eliminate bank credit issuance. In a speech delivered to the London School of Economics on Feb 28, Cunliffe predicted that the integration of stablecoins on social […]

BitFinex completes another $100M repayment to Tether

BitFinex Completes Another $100M Loan Facility Repayment to Tether

Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether. In a Feb 28 blog post, BitFinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT). Similarly to a previous repayment in […]

Lebanese people turns to bitcoin as economy cracks down

Lebanese Economy is in Trouble; Leading Citizens to Embrace Bitcoin

The Lebanese economy is in deep trouble which is why it leads the citizens to embrace Bitcoin (BTC) and altcoins. It’s an attempt the citizens make to escape the banking system and protect their savings from dwindling. At present, Lebanese pound continues to struggle. Lebanese banks have attempted to halt a potential run on the […]

Coincheck to add Qtum soon for trading on the exchange

Coincheck Announces Qtum Soon Available for Trading

Japan may be on its way to creating the state-issued digital currency, but local companies in the world’s third-largest economy can still innovate and provide some healthy competition. Coincheck, the crypto exchange based in the Asian nation, currently handles trading, selling and buying for eleven cryptocurrencies. They announced on Feb 25 that they were planning […]

moneygram reveals fastsend

MoneyGram Reveals Real-Time Remittance Tech, Based on Visa not Ripple

Remittances giant MoneyGram announces a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple aren’t involved. MoneyGram recently makes FastSend public. It’s a brand new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application. Still, the firm’s answers […]

IOHK donates to Univesity of Wyoming's Blockchain R&D Lab

IOHK Donates $500,000 ADA to University of Wyoming’s Blockchain Lab

IOHK, the software company behind Cardano, announced on Feb 14 a donation of $500,000 in Cardano (ADA) to support and develop the University of Wyoming’s Blockchain Research and Development Lab. Professor James Caldwell, Assistant Professor Mile Borowczak and Philip Schlump will co-direct the Advanced Blockchain Research and Development Lab. Professor Borowczak told the media personnel […]