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Huobi’s Dollar Pegged Stablecoin, HUSD, to Debut on Nervos Blockchain
Nervos, the public blockchain eyeing to rival Ethereum for China’s DeFi market, is integrating the HUSD stablecoin, according to an announcement on Dec 8. HUSD is a dollar-pegged stablecoin issued by Stable Universal Limited, an Huobi-backed venture. дальше »
2020-12-9 20:57 | |
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Companies Hoarding Trillions in Cash While Others Invest in BTC And Are ‘Rewarded by the Public Markets’
The US Dollar index has been on a decline ever since March, currently down at multi-year lows. Despite this, US companies have accumulated the largest pile of cash ever. At the end of June, the cash holdings of non-financial companies had grown to a record $2. дальше »
2020-12-5 18:16 | |
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Is Coinbase close to becoming the first public US crypto exchange?
Rumors have been floating around that Coinbase will soon go public. It has been reported that Coinbase has been in talks with investors and lawyers in prep to become a publicly-traded company. According to Louis Lehot, founder of L2 Counsel, Coinbase’s 8 billion dollar valuation puts them in a position for a direct listing rather […] дальше »
2020-8-12 12:49 | |
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Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash. ” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. дальше »
2020-8-11 21:30 | |
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Kraken Exchange Onboards Swiss Bank InCore to Help Euro Clients Buy Crypto With Fiat
Swiss Bank InCore has just become the first banking institution in the nation to provide banking services to Kraken crypto exchange. The deal, which was made public on Friday, will allow Kraken clients to finance their trading accounts using four different currencies – British pound, Swiss franc, Canadian Dollar, as well as the euro. InCore […] дальше »
2020-7-4 21:06 | |
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Bitcoin-based Startup Zap Opens Strike for Public Beta And Plans to Release Visa Rewards Card
Jack Mallers, Zap founder, revealed on Thursday that Zap’s Strike product, which enables individuals to receive Bitcoin in US dollar form through direct bank deposits, opens up for the public beta. I just published Announcing Strike Public BETA A new #Bitcoin era is born. дальше »
2020-7-3 23:01 | |
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With the Dollar’s Days Numbered, Is There Room for a Digital Yuan?
Ever since its public announcement in June 2019, China’s digital yuan initiative has been closely tracked by the cryptocurrency industry. And as the first phase of testing begins in the... The post With the Dollar’s Days Numbered, Is There Room for a Digital Yuan? appeared first on Crypto Briefing. дальше »
2020-5-13 16:39 | |
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Is A Fed-Controlled Digital Dollar A ‘Win’ For the Public; Will it Pave Way For Faster Payments?
Central banks around the world are assessing the benefits of issuing a state-controlled digital currency after China announced that it is close to launching its digital yuan and Facebook launching Libra. дальше »
2020-2-26 22:35 | |
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Is Stronghold Just Another Stablecoin?
Last summer, Stronghold went live with its Stellar-based stablecoin. Like most stablecoins, Stronghold USD is backed by real assets and tied to the value of the U. S. Dollar. However, unlike its competitors, Stronghold isn’t targeted at the general public. дальше »
2019-7-21 18:12 | |
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Canadian company develops public blockchain combining ‘Ripple and Ethereum’ blockchains
A Canadian company, Blockchain Venture Capital Inc. , has developed a stablecoin, CADT, pegged to the Canadian Dollar as the country celebrated Canada Day. Like all stablecoins, CADT will be pegged 1:1 with the Canadian Dollar and will have reserves backing it. дальше »
2019-7-2 15:30 | |
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SEC Suggests Ethereum is Usable Currency in Dramatic Kik Lawsuit
By CCN: Ethereum’s status as a legitimate transactional currency was confirmed once again this week – by none other than the Securities and Exchange Commission. The SEC’s recent lawsuit against Kik (KIN) details the particulars of the KIN token sale – the public phase of which was carried out against ETH, as opposed to the U. дальше »
2019-6-5 16:57 | |
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Crypto is replacing the US Dollar and no one seems to be noticing, claims prominent investor Robert Kiyosaki
With government bodies discarding cryptocurrencies and the private sector accelerating its foray into the cryptoverse, the general public is yet to take sides. In fact, several crypto-proponents have started to reach out to investors for their endorsement on the industry. дальше »
2019-5-17 16:15 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Upcoming Crypto Derivatives Exchange ErisX Opens New Public Spot Market as Part of Strategic Roadmap
The cryptocurrency exchange ErisX has decided to keep expanding by launching a spot market. The company informed that they will be immediately supporting dollar trading pairs with Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC) and Ethereum (ETH). дальше »
2019-4-30 19:42 | |
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The US Dollar (USD) Continues to Plunge Against Bitcoin as BTC Sits at $5,277 on Easter Sunday
In early 2009, the first block of Bitcoin blockchain, the genesis block has been created and 50 BTC were generated. Towards late 2009, a public sale of 1 USD = 1,309. 03 BTC was launched on New Liberty Standard stock exchange. дальше »
2019-4-21 21:16 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Public Company Ether Capital Bets $1 Million on MakerDao’s Multi-Billion Dollar Potential
MakerDao is one of the exciting projects of this year. While Maker (MKR) cryptocurrency has been hot crypto as it registered significant gains, about $2 million worth of Ethereum has been locked in Collateralized Debt position (CDP). дальше »
2019-3-18 00:06 | |
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Blockchain Company Triip Launches TriipMiles – The Fastest Growing Token – for 1.2 Billion Travelers
The cryptocurrency has been listed for public sale after a private investment was received. SINGAPORE, FEBRUARY 23, 2019 — Blockchain company Triip announced today that it has put its TriipMiles (TIIM) token up for public sale. дальше »
2019-2-27 15:22 | |
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Russia Could Trigger A Major Bitcoin Bull Run, Hints To Adopt Bitcoin And Ditch The US Dollar
Russia Could Trigger A Major Bitcoin Bull Run As It Hints To Adopt Bitcoin And Ditch The US Dollar A high profile lecturer at the Russia Presidential Academy of National Economy and Public Administration, Vladislav Ginko, has said that the new US sanctions against Russia might force Kremlin to invest in bitcoin massively, a move […] дальше »
2019-1-10 01:41 | |
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Russia Plans to Ditch US Dollar for Bitcoin, Says University Professor
A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U. S. sanctions, a move that could happen “in a matter of weeks. дальше »
2019-1-8 20:00 | |
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“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source
Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization. дальше »
2018-11-15 21:26 | |
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PR: Debut of USDD – A Stable Coin That Pays You Interest
USDD – The world's first dollar-backed and interest-bearing stable coin, with interest payments every 24 hours, will be officially released on October 31st by 55 Global Markets. The USDD value is 100% supported by a US dollar reserve, funds are held in trust for the benefit of tokenholders by PrimeTrust as trustee, a third-party trust company that has relationships with major US banks. дальше »
2018-10-26 12:30 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins
Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U. дальше »
2018-9-29 01:06 | |
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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain
Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD). дальше »
2018-9-11 01:58 | |
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Charity Chiefs Reveal Power Of The Blockchain
On the International Day of Charity, a panel of leading experts revealed how the blockchain can help transform the sector and be a force for good. Public confidence in charities is at an all-time low thanks to a series of exposes that show just how much of every dollar donated actually filters through the chain. дальше »
2018-9-7 18:24 | |
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Huobi Exchange Planning to Acquire Hong Kong Based Electronics Firm for $77 Million
Popular cryptocurrency exchange Huobi is reportedly seeking to purchase a majority share of a Hong Kong-based electronics manufacturing service provider in a $77 million dollar acquisition. дальше »
2018-8-28 22:13 | |
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“Rich Dad Poor Dad” Author Likes Bitcoin, Predicts Fiat Crisis
According to News. com. au, Robert Kiyosaki, the author of the famous best-seller ‘Rich Dad, Poor Dad,’ is warning the public that the next economic crash to come will be catastrophic and damaging to the economy. дальше »
2018-8-8 08:00 | |
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway
Mining giant Bitmain has posted profits in Q1 of 2018 totaling $1. 1 billion. Sources say, “Bitmain plans to file for an IPO very soon. ” An email has been obtained by Term Sheet from a source closely connected to Bitmain. дальше »
2018-7-31 04:28 | |
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway
Mining giant Bitmain has posted profits in Q1 of 2018 totaling $1. 1 billion. Sources say, “Bitmain plans to file for an IPO very soon. ” An email has been obtained by Term Sheet from a source closely connected to Bitmain. дальше »
2018-7-31 23:07 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U. дальше »
2018-7-18 22:00 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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