Tether

tether

Tether to Track Stablecoin Network Activity with Chainalysis Suite

Chainalysis is rolling out a global compliance solution for Tether (USDT). The announcement just happens through a press release. As a result, the stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The tracking is possible via Chainalysis’ Know-Your-Transaction (KYT) suite which allows token issuers to monitor the activity of […]

Binance futures now support Zcash

ZCash Is Now Available on Binance Futures with New Perpetual Contract

Binance Futures is launching a Zcash-Tether perpetual contract with a maximum leverage of up to 50X. According to the announcement, Binance’s futures platform will make ZEC/USDT contract go live at 8.00 AM on 5th Feb 2020. In a bid to prevent market manipulation, Binance says it has chosen to set a pricing limit of ±1% […]

omni layer

Tether Sponsors Omni Layer: A New Version of Bitcoin Tokenization Layer

The stablecoin operator behind USDT, Tether starts funding the Omni Layer which is a new version of the Bitcoin tokenization layer. The company announces the release of Omni Core 0.7.0 through a press release. And, the entire development is going to sponsor by Tether. Reports come that the new version will reportedly enhance the network […]

BitPay supports

BitPay Supports USDC, GUSD, & PAX; USDT Still Remain Excluded

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 […]

stablecoins

Can Stablecoins Bring Financial Stabilization? See What US Federal Reserve Says

Stablecoins! Are they here to bring financial stabilization? Or, leaving us in the same state we are now? Details explained here! Keep reading and you’ll get to know… The US Federal Reserve comes out with new findings of financial stability. Surprisingly, the US Federal Reserve is supporting the use of stablecoin wholeheartedly. Most of the […]

bitcoin

Bitcoin Witnesses a Bad Week Due to Sharp Fall in Price

The price of Bitcoin has now hit its lowest point since June of this year. Its price has tumbled below $8,000 per coin for the second time this week. It is unlikely the slide will stop anytime soon…