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Big Three Credit Rating Agency Fitch Touts Facebook's Fiat-Backed Libra
As the wave of interest in Facebook's stablecoin Libra continues around the world, it appears that Mark Zuckerberg's foray into digital currencies has a new and powerful ally. Fitch, one of the big three credit rating agencies, gave it a thumbs up in a recent report. дальше »
2019-6-25 05:20 | |
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Tether tops the list on institutional usage despite ongoing backing irregularities
No matter which way you look at it, Tether will always occupy center stage while Bitcoin is in the limelight following its price surge. With the collective community noticing a trend in the market capitalization of USDT and the price rise of BTC, coupled with the slew of controversies surrounding the stablecoin, one key part […] The post Tether tops the list on institutional usage despite ongoing backing irregularities appeared first on AMBCrypto. дальше »
2019-6-23 16:30 | |
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Bitcoin Cash Gets Its First Stablecoin
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. дальше »
2019-6-14 21:03 | |
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Are Bitcoin [BTC] & Tether [USDT] joined at the hip?
Bitcoin [BTC], the largest cryptocurrency in the market, and Tether [USDT], the largest stablecoin in the market, were initially pegged on opposite ends of the spectrum. The king coin is rightly considered to be the beacon of decentralized currency, completely detached from the fiat world, one which the cryptocurrency industry aims to eventually move away […] The post Are Bitcoin [BTC] & Tether [USDT] joined at the hip? appeared first on AMBCrypto. дальше »
2019-6-12 16:30 | |
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Crypto Market OpenBazaar Confirms Upcoming Support for Ethereum
By CCN: Casually, OpenBazaar announced this week that it would be adding support for Ethereum. A random promotional tweet from the OpenBazaar account led one follower to ask about support for Ether and Dai, the algorithmic stablecoin which has over 1% of Ethereum locked in its contracts. дальше »
2019-6-7 18:52 | |
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Binance Stablecoin Could Rival Tether’s Dominance In The Cryptocurrency Market
The Chief Financial Officer at Binance, Wei Zhou, confirmed that they are going to be releasing a new stablecoin in the next months. The main goal seems to compete against Tether(USDT), the largest stablecoin in the market. дальше »
2019-6-7 06:41 | |
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ndau: How Decentralized Governance Can Make Crypto Stateless
Few cryptocurrencies can provide a long-term store of value. Some tokens are pegged to fiat, but the consistent inflation of national currencies means these are only stable for the short term. One project seeks a more permanent form of stability. дальше »
2019-6-7 21:39 | |
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Diar Report Shows How China’s Stablecoin Trading Behavior Affects the Bitcoin and Crypto Markets
In a recent report released by Diar, the company explains that on-chain data shows that Tether (USDT) volumes are reaching a new all-time high for the second quarter of this year. One of the most shocking things is the fact that trading volumes in China are much larger than trading volumes in Western countries. Tether […] дальше »
2019-6-5 02:22 | |
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Binance Tests New Stably StableUSD (USDS) Stablecoin Based On Its Blockchain Network
Binance, one of the largest and most popular cryptocurrency exchanges around the world, has launched its own stablecoin called BGBP. According to CryptosBatman on Twitter, the new stablecoin could be used on Binance. дальше »
2019-6-4 00:35 | |
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Facebook Holding Talks with CFTC Over Project Libra
Facebook, a global social networking platform is reportedly meeting with one of the top U. S. financial watchdogs, the Commodity Futures Trading Commission (CFTC), as part of plans to make the launch of its GlobalCoin stablecoin as frictionless as possible, according to a MarketWatch report on June 2, 2019. дальше »
2019-6-3 21:00 | |
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Binance Chain welcomes a stablecoin and prepares to issue one of its own
Binance, the largest cryptocurrency exchange in the world, prepares to welcome the first stablecoin developed on the Binance Chain (BNB) blockchain while it has begun testing its own. Stablecoins on the Binance Chain In a blog post, Stably, a venture-capital backed startup, announced that it will be launching its StableUSD (USDS) token on the Binance protocol. дальше »
2019-6-3 19:08 | |
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Binance Starts Testing for GBP Backed Stablecoin
Crypto Twitter is running wild after users spotted Binance testing a stablecoin on, June 3, 2019. While the USD backs most stablecoins, Binance chose to peg its stablecoin to the GBP. Binance has developed a reputation as one of the more trustworthy exchanges, making their stablecoin launch all the more exciting. дальше »
2019-6-3 15:59 | |
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Binance launches GBP-backed stablecoin BGBP on Binance Chain
Binance, the largest cryptocurrency exchange in the world and one of these most recognizable names in the space, is looking to step up its game once again. After the launch of its native blockchain, Binance Chain, and their decentralized exchange, Binance DEX, the exchange is all set to introduce a native stablecoin, Binance GBP Stablecoin. дальше »
2019-6-3 15:21 | |
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Tether Launches Stablecoin on EOS Blockchain
Tether has announced that it will be issuing its USDT stablecoin on the EOS blockchain in partnership with Block. one Tether Adds EOS to Ethereum and TRON Launch In a press statement issued on its website, Tether announced that EOS is the next blockchain to host the USDT stablecoin following similar launches on Ethereum and TRON. дальше »
2019-6-1 19:00 | |
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Dark-Horse Trump Rival Pumps Crypto, Aims to Make US a Bitcoin Nation
By CCN: Far from a first, California Democrat Rep. Eric Swalwell is accepting Bitcoin donations for his dark-horse bid to knock off Donald Trump in the 2020 presidential election. More significantly, the bombastic congressman wants to usher in a blockchain revolution after he vanquishes Trump from the White House. дальше »
2019-5-24 21:36 | |
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Coinbase Commerce enables businesses to accept USD Coin [USDC] for payments
Coinbase, one of the largest cryptocurrency exchange platforms in the U.S. in terms of users, announced that USD Coin could be used a mode of payment by businesses using Coinbase Commerce. The announcement was made on 20 May 2019 through their official Medium blog and stated that, “accepting” the stablecoin “gives our merchants many benefits […] The post Coinbase Commerce enables businesses to accept USD Coin [USDC] for payments appeared first on AMBCrypto. дальше »
2019-5-21 15:15 | |
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Bitcoin’s 24-hour trading volume pales in comparison to a stablecoin’s volume
Bitcoin is considered as the King Coin by many and the moniker holds true for most aspects, however, there is one cryptocurrency that trumps the 24-hour trading volume of Bitcoin, it is Tether [USDT]. дальше »
2019-5-18 08:11 | |
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KaratGold Coin’s (KBC) Profile May Increase Following Bitfinex/Tether News
Most cryptocurrency investors have used Tether to store value at some point or other, but somewhat fewer investors have ever fully trusted USDT. Tether was the first major “stablecoin”. This class of cryptocurrencies maintained a stable price through one of several methods. дальше »
2019-5-15 14:48 | |
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Leading Smart Contracts and Blockchain Audit Firm, CertiK Completes Full Audit of the Terra Protocol
One of the biggest names in the smart contracts and blockchain audit sector, CertiK announced today, May 14 that it has successfully completed a formal security audit of Terra. Terra is famed for designing an algorithmic stablecoin that will power the next generation payment system on the blockchain. дальше »
2019-5-15 10:39 | |
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MakerDAO: DAI Will Become The Decentralized Challenger To XRP
One of the business development leads for MakerDAO (DAI) has mooted the possibility that the stablecoin project might compete against established blockchain remittance platforms, like XRP, the Stellar Network (XLM) or JPMorgan’s Quorum. дальше »
2019-5-14 18:35 | |
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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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Tether’s [USDT] ‘arbitrage opportunities’ increased by 5% on Kraken following Bitfinex fiasco
As Tether/Bitfinex controversy continues to brew, the oldest stablecoin, a new twist to the tale brings the US-based cryptocurrency exchange, Kraken into the pot. According to the recent Diar report, Tether reserves dropped by 26%, following which, the stablecoin’s “arbitrage opportunities” increased by 5% on one of the leading exchange, Kraken. дальше »
2019-5-8 21:30 | |
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The Bitfinex Scandal Continues: Is Binance Tanking Tether to Launch Its Own Stablecoin?
It has been one of the dominating revelations in recent times for the crypto industry. The $850 million Bitfinex-Tether scandal has grabbed all the headlines in the past month. Since the New York Attorney General announced an investigation into the two firms, the industry has waited with bated breath to see where this latest scandal […] The post The Bitfinex Scandal Continues: Is Binance Tanking Tether to Launch Its Own Stablecoin? appeared first on NullTX. дальше »
2019-5-7 00:41 | |
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Maker’s Dai approaches $1 peg following aggressive interest rate hikes and Tether fallout
Interest rates for MakerDAO have exploded to 19. 5 percent over the course of three months to combat its stablecoin Dai from trading below its $1 peg. However, the gap has narrowed over the last three weeks, partially from factors entirely outside of Maker. дальше »
2019-5-6 13:31 | |
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Bitcoin price surges past $5,600 to set new 2019 high
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. дальше »
2019-5-3 11:31 | |
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Facebook Business Model ‘Needs to Change’ to Reach Decentralization
At Facebook’s annual F8 conference one of Mark Zuckerberg’s themes was “the future is private. ” This news also comes on the back of Facebook’s earlier announcements of launching a stablecoin for Whatsapp and its other efforts of decentralization. дальше »
2019-5-3 23:00 | |
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Binance may be developing a stablecoin behind closed doors
Binance’s CEO, Changpeng Zhao, might have hinted at a stablecoin being under development, on Twitter. A Twitter user, @CryptosBatman, tweeted, “If #Binance decides to issue their own stable coin, it will become one of the biggest tokens on the Binance Chain and increase the network usage and the utility for $BNB a lot. дальше »
2019-5-2 10:35 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
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. дальше »
2019-5-1 01:22 | |
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Bitfinex-Tether drama: Could NY AG’s investigation spill beans on Tether [USDT] reserves?
Tether [USDT], the eight-largest cryptocurrency by market cap, has been one of the most controversial coins in the market. The the coin’s journey has tumultuous from being a stablecoin pegged against the US Dollar to not being one. дальше »
2019-4-29 18:00 | |
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Ontology To Power Paxos, One of the Most Popular Crypto Stablecoin
The Ontology (ONT) project will have the US Dollar backed PAX stablecoin launch on its blockchain, the project announced… The post Ontology To Power Paxos, One of the Most Popular Crypto Stablecoin appeared first on Invest In Blockchain. дальше »
2019-4-29 12:07 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Philippine Peso-Backed Stablecoin Launches by Bitspark Known as peg.PHP
Stablecoins are one of the easiest ways to connect the institutional investors with the crypto market, because of its unchanging ratio with whatever asset it is connected to. The most popular, albeit controversial, stablecoin has been Tether, which is pegged to the US dollar. дальше »
2019-4-26 18:22 | |
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Tether and Bitfinex Accused of Covering up $850m Loss, Sparks a $10b Loss in One Hour
Tether is on the spotlight, again. This time, the largest stablecoin in the market is at the center of an alleged $850 million cover-up. The New York attorney general Letitia James obtained a court order yesterday enjoining iFinex Inc. дальше »
2019-4-26 18:05 | |
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NY Attorney General goes after Tether and Bitfinex for $850M cover-up
The New York State Attorney General (NYSAG) is reportedly building a case to sue cryptocurrency exchange, Bitfinex, and stablecoin, Tether. As court documents dated April 24 state, neither Bitfinex nor Tether are licensed to operate in the state of New York, and yet the Office of the Attorney General (OAG) believes New York-based investors did use the exchange to trade Tether. дальше »
2019-4-26 12:29 | |
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Sexy Stablecoins Are the ‘Bridge’ to Mainstream Crypto Adoption
By CCN: Stablecoins on the surface might seem boring. After all, most don’t come with the volatility that’s inherent with most cryptocurrencies, especially bitcoin, and therefore have an entirely different risk/return profile. дальше »
2019-4-20 21:59 | |
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IBMR to Launch ARCC Macroeconomic Stablecoin on Cobinhood Exchange
IBMR. io has just gone ahead to announce that the crypto service platform referred to as the COBINHOOD will help and advice in the new launch of the IBMR. io macro-economic stable coin, one that they have called the ARCC, Asia Reserve Currency Coin. дальше »
2019-4-18 14:41 | |
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Tether [USDT] launched on the Tron [TRX] blockchain as Tronics predict massive bull run
Tron’s [TRX] march towards mainstream adoption has been peppered with multiple updates and developments that include upgrades within the blockchain as well as partnerships with major organizations. дальше »
2019-4-17 15:00 | |
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MakerDAO Ready to See a Rise in Fees Above 11% In Order to Stabilize the Stablecoin (DAI)
MakerDAO users will be approving a fee increase in the network that would increase the cost of the DAI stablecoin. There have been five different options to MakerDAO token holders that suggest a range of possible increases to the so-call stability fee. дальше »
2019-4-12 03:09 | |
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One of World’s Largest Banks, MUFG Getting Ready to Release Its Stablecoin This Year
Coinspeaker One of World’s Largest Banks, MUFG Getting Ready to Release Its Stablecoin This YearThe newly-appointed president of MUFG has announced that the bank is going to put its own cryptocurrency known as MUFG Coin to practice this year. дальше »
2019-4-10 22:35 | |
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TrueUSD Report Shows almost $200 Million in Escrow
TrueUSD has become the latest stablecoin to confirm their fiat-backed status as a report published on April 8, 2019, shows that they have almost $200 million in escrow, roughly equivalent to the amount of TUSD in circulation. дальше »
2019-4-11 21:00 | |
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Canadian Dollar-Pegged Stablecoin ‘eCAD’ Can Avoid Tether’s Fate
By CCN. com: Canadian cryptocurrency exchange Coinsquare has announced plans to launch a CAD-pegged stablecoin. To be known as the eCAD, the stablecoin will be exchanged for the Canadian dollar on a 1:1 basis. дальше »
2019-4-6 16:20 | |
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Nitrogen Network Integrates Stablecoins on Its New Simplified Lending Dapp
The Nitrogen Network cryptocurrency lending platform has revealed its most user-friendly development to date and it is naturally happening around stablecoins. A stablecoin is often described as a safe haven, a volatility-free transitory step in the wild cryptocurrency space. дальше »
2019-4-5 04:58 | |
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TrustToken Goes Back to Back Launching New TrueGBP Stablecoin Pegged 1:1 with British Pound
Stablecoins, for all the drama that surrounds them, have continued to thrive in the crypto market. Despite being called manipulation tools, they continue to appeal to investors due to their affiliation with fiat currency and their reputation of being more secure than traditional cryptos. дальше »
2019-4-2 21:09 | |
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Dan Larimer Confirms a New EOS Stablecoin Pending Legal Review is Coming to Market
EOS seems to have a lot of developments coming in the near future. First, Daniel Larimer, the CTO at Block. One, the company behind EOS made an announcement of an announcement, a la Tron founder Justin Sun style. дальше »
2019-4-2 20:40 | |
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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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