2020-3-20 19:00 |
The world's largest stablecoin by market value is now live on the Bitcoin Cash network via the Simple Ledger Protocol.
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The demand for stablecoins has been on an uptrend in the past week surging Tether’s market cap to over $5.7 billion. As it stands, more than $480 million have been minted within the past weeks. These figures may continue rising especially with the move to leverage BCH’s Simple Ledger Protocol (SLP). The SLP is basically […]
2020-3-20 18:05 | |
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Tether, the stablecoin leader, has announced that it is launching on Bitcoin Cash as well. The Bitcoin Cash protocol uses a sub-protocol, called the Simple Ledger Protocol (SLP), to issue tokens on top of the blockchain base layer, per Bitcoin News, March 21, 2020.
2020-3-20 16:00 | |
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Tether, the world’s most popular stablecoin, will be using the Simple Ledger Protocol built upon the Bitcoin Cash network for issuing its tokens. Among other things, this means that millions of Bitcoin.
2020-3-20 22:15 | |
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Together with PAX Treasury, Binance is giving the cryptocurrency markets a cash injection of another $5M to further bolster markets in this difficult time. Cryptocurrency markets are rallying today amid early positive indicators from U.
2020-3-18 22:16 | |
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The cryptocurrency market is still struggling to find itself after posting record losses on Thursday. Binance has decided to give it another cash injection of $7M. Binance, together with the PAX Treasury, has just issued over $7 million worth of its own stablecoin Binance USD (BUSD).
2020-3-15 11:20 | |
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Tether (USDT), the world's leading stablecoin, is coming to Bitcoin Cash (BCH), according to Roger Ver
2020-2-18 17:45 | |
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Billionaire, SpaceX and Tesla CEO Elon Musk is also known for his cryptic tweets on crypto and Bitcoin (BTC), but on January 20, he talked about where he’s standing when it comes to these matters. He mentioned that he’s “neither here nor there” when it comes to BTC, and that the stablecoin is being used […]
2020-1-25 01:02 | |
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Tether Treasury is doing a rare USDT burn, which will see 64. 6M USDT redeemed and then promptly destroyed. Often we hear about Tether Treasury printing new USDT. However, it recently decided to cash out a significant amount of its stablecoin in a surprising move.
2020-1-21 21:26 | |
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Tether Treasury is doing a rare USDT burn, which will see 64. 6M USDT redeemed and then promptly destroyed. Often we hear about Tether Treasury printing new USDT. However, it recently decided to cash out a significant amount of its stablecoin in a surprising move.
2020-1-20 21:26 | |
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The Saga Foundation, a Swiss non-profit created last year dedicated to developing new technologies in open and decentralized software, is launching a new virtual currency called Saga (SGA). The token is connected to the International Monetary Fund’s (IMF’s) cash reserve that can initially only be owned by accredited and identified investors.
2019-12-10 21:00 | |
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Despite many developments in the Bitcoin Cash ecosystem, the world's most dominant stablecoin, Tether, has overtaken BCH in terms of market cap. Towards the end of 2017, the coin was trading at a highThe post Bitcoin Cash could surge by a thousand times: Roger Ver appeared first on AMBCrypto.
2019-11-28 12:30 | |
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For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio.
2019-10-31 00:25 | |
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Binance has announced some new trading pairs for its USD-pegged stablecoin BUSD. After the update, you can now trade BUSD for XRP, Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), ABC, Ethereum Classic (ETC) and Chainlink.
2019-10-22 00:03 | |
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Leading cryptocurrency exchange, Binance announced initiating trading for six trading pairs with Binance USD [BUSD] as the base pair on 21st October at 8:00 AM [UTC]. The exchange’s USD-denominated stablecoin was paired with the top coins namely, XRP, Ethereum, Bitcoin Cash, Litecoin, Link and Ethereum Classic.
2019-10-21 09:29 | |
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Wells Fargo plans to offer near real-time payments with Digital Cash, but believes even crypto assets should not exist outside the control of banks.
2019-9-30 11:54 | |
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Dollar-pegged stablecoin Tether now occupies fourth place by market capitalization, thus leaving behind Bitcoin Cash (BCH) and Litecoin (LTC)
2019-9-26 22:02 | |
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Controversial USD-backed stablecoin Tether is now the world’s fourth biggest cryptocurrency, only surpassed by Bitcoin, Ethereum, and Ripple. Tether, which is actually only 74-percent backed by cash and other assets, garnered a higher share of the market after a major sell-off.
2019-9-25 18:29 | |
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Cryptocurrency exchange Bitfinex can now stop sharing documents about its use of Tether with the New York Attorney General (NYSAG) after winning a motion in the appellate division of the New York Supreme Court over an alleged $850 million cover-up.
2019-9-25 12:57 | |
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Wells Fargo, a Fortune 500 company providing financial services, has been the latest institution to express potential interest in blockchain and cryptocurrencies. As announced earlier, the organization revealed its plans to test an internal settlement service, Well Fargo Digital Cash, which would operate on its own Distributer Ledger.
2019-9-21 00:30 | |
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Another one bank has launched corporate cryptocurrency – Wells Fargo, the fourth largest bank in the world and in the United States. Earlier this year, JP Morgan launched its own stablecoin JPM Coin.
2019-9-21 17:15 | |
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Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT.
2019-9-21 15:00 | |
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Coinspeaker Wells Fargo Set to Debut U. S. Dollar-Pegged Stablecoin on Its Blockchain PlatformUsing its internal DLT-based settlement service dubbed Wells Fargo Digital Cash along with company's U.
2019-9-18 21:26 | |
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USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020. United States’ 3rd Largest Bank Reveals Wells Fargo Coin In a press release on September 17, Wells Fargo said its new remittance platform would form an international payment network based on what it describes as “distributed ledger technology” (DLT).
2019-9-17 16:32 | |
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In a recent press release shared on September 11 with Cointelegraph, a Californian city official has become the first politician to make use of crypto in buying cannabis. The announcement had it that Ben Bartlett, who is a member of Berkely City Council used Stablecoin Universal Dollar and Bitcoin Cash to purchase marijuana. It is […]
2019-9-12 19:13 | |
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Binance US will start account registration and begin accepting deposits on September 18, announced the exchange. The exchange will launch with six large cap cryptocurrencies viz. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC) along with the stablecoin USDT.
2019-9-12 15:17 | |
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Since last August, the Simple Ledger Protocol (SLP) has become a prevalent application within the Bitcoin Cash ecosystem. So far there’s been thousands of SLP tokens created, a number of which have been very popular and used regularly.
2019-7-30 23:00 | |
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The Bitcoin Cash network recently launched its first stablecoin, Honestcoin (USDH), created by the Honestnode team using the simple ledger protocol (SLP). The stablecoin is backed by the U. S. Dollar with a ratio of 1:1, and the Honestnode team is reportedly working on improving the stablecoin’s use-cases.
2019-7-24 01:30 | |
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On June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex.
2019-7-23 22:00 | |
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The global cryptocurrency trading platform Liquid has announced the release of its new BCH/USDC trading pairs allowing anyone to swap bitcoin cash for the popular stablecoin USDC. Moreover, Liquid users will soon be able to connect their accounts to Bitcoin.
2019-7-10 08:00 | |
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Coinsource, a bitcoin ATM operator, with over 230 machines in 29 US states and the District of Columbia, today announced it has partnered with the Maker Foundation to offer consumers easy access to Maker’s decentralized stablecoin, Dai.
2019-6-27 17:58 | |
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On the day of its unveiling, Facebook’s cryptocurrency has already sparked forecasts that governments worldwide will ban it. Libra Heading For Crypto Blacklist? Libra, the protocol Facebook today revealed to the world via a somewhat clumsy website, will initially host a cryptocurrency of the same name.
2019-6-18 17:00 | |
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Watch out, Tether—you’ve got competition, including in some unlikely places. CoinEx yesterday announced trading for Honestcoin (USDH), a new fiat-backed cryptocurrency. While another dollar-valued token is nothing to write home about, Honestcoin has one unique characteristic: it’s the first stablecoin on the Bitcoin Cash blockchain.
2019-6-14 21:03 | |
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On June 12, the cryptocurrency exchange Coinex announced the listing of a new Simple Ledger Protocol (SLP) token called honestcoin (USDH). The Honestcoin. io website details that the new token is a fully regulated stablecoin issued on the Bitcoin Cash network backed 1-to-1 for U.
2019-6-13 16:35 | |
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Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6. 2 percent for non-U.
2019-5-30 19:44 | |
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It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block.
2019-5-22 11:12 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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After finding out at the end of April that Tether's USDT was only about 74 percent backed by its reserves, the stablecoin issuer has now admitted to investing some of its cash reserves in bitcoin.
2019-5-21 21:33 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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By CCN: According to Reuters sources, about 12 banks are investing in a blockchain ledger complete with digital cash. While it’s unclear which banks are currently participating in the $50 million project, a spokesman for Barclays told the news organization that “the Research & Development phase is coming to an end.
2019-5-17 05:58 | |
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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.
2019-5-13 16:37 | |
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By CCN. com: In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its secretive new cryptocurrency. The Wall Street Journal reports that Mark Zuckerberg’s war machine is looking for $1 billion to fund the secretive stablecoin project, Project Libra, and is talking with heavyweights like Visa and Mastercard to get that cash.
2019-5-5 21:15 | |
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According to the latest revelations, as of April 30, the USDT stablecoin is only about 74 percent backed by fiat equivalent, stated issuer’s general counsel. On Tuesday, Tether’s general counsel Stuart Hoegner wrote in an affidavit that the company behind USDT holds about $2.
2019-5-4 02:15 | |
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Bitcoin‘s price has pushed past $5,600 to set a new 2019-high for the third time in less than a month. The rally comes despite recent confirmation that the world’s most popular stablecoin, Tether, is not completely backed “one-to-one” with cash.
2019-5-3 11:31 | |
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On April 25, cryptocurrency markets tumbled after the controversy between the New York Attorney General’s (NYAG) office, the stablecoin company Tether, and Bitfinex exchange. Since then, prices have slightly recovered and the entire cryptoconomy regained $4.
2019-5-1 17:45 | |
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By CCN. com: The bitcoin price has increased from $5,173 to $5,297 on major regulated crypto exchanges including Coinbase in the past 24 hours, by 2. 3 percent. Major crypto assets such as Litecoin and Bitcoin Cash spiked by 4 to 11 percent against the U.
2019-5-1 13:52 | |
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Tether’s lawyer has now admitted that the stablecoin is only 74 percent backed by cash and equivalents, according to an affidavit filed on Tuesday. In the filing, Stuart Hoegner, the company’s general counsel, said Tether held approximately $2.
2019-5-1 13:19 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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Tether has been experiencing some major negative attention lately after rumors started circulating about how the stablecoin is actually backed. However, it looks like Tether’s general counsel is coming out of the woodwork with a little more honesty, as he has confirmed that there is 74% of the stablecoin’s liquidity that is backed by fiat […]
2019-5-1 22:03 | |
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Tether, the company behind the USDT stablecoin, has released a document detailing its fiat holding to support the currency. According to the report, prepared and issued by the company’s lawyers, Tether only has cash reserves.
2019-5-1 21:19 | |
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