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“Hell No”: Twitter CEO Jack Dorsey Confirms He’ll Never Join Facebook’s Libra Project
Jack Dorsey, CEO of two multi-billion dollar companies, microblogging network Twitter and payments technology firm Square, has said that Twitter will never join the Facebook-led Libra stablecoin project. On October 24, a Twitter thread by... дальше »
2019-10-25 10:29 | |
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US Treasury Takes A Special Interest In Libra Stablecoin Following Missouri Congressman’s Request
Libra will be closely monitored by the U. S treasury confirms a letter written to Missouri’s fifth district Congressman, Emanuel Cleaver. This was made public on Cleaver’s website noting he had earlier written to various bodies seeking them to keenly watch Libra’s activities. дальше »
2019-10-24 16:29 | |
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San Francisco Blockchain Week Goes Native: Squarelink For Crypto Payments
San Francisco Blockchain Week is partnering with Squarelink and Terra to offer event vendors the capability of accepting payments in cryptocurrency. Squarelink’s Event Pass dApp will enable attendees to use Terra’s USD-pegged stablecoin to make purchases from food trucks and other vendors at the conference. дальше »
2019-10-24 16:00 | |
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Libra Could Serve as Counter to Chinese Digital Currency, Says Zuckerberg
Facebook CEO Mark Zuckerberg painted the Libra stablecoin project as a way to counteract a possible Chinese digital currency
дальше »2019-10-24 23:48 | |
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CoinSpot lists Australia’s first gold-and-silver-backed cryptocurrency
Australia’s leading cryptocurrency exchange, CoinSpot, has for the first time ever listed a gold-and-silver-backed digital asset and stablecoin, known as ‘Gold & Silver Standard’. In an Australian first, both Gold (AUS) and Silver (AGS) are now listed to buy and sell instantly, 24 hours-a-day via CoinSpot, providing the investment community an easily accessible stablecoin with […] CryptoNinjas: CoinSpot lists Australia’s first gold-and-silver-backed cryptocurrency дальше »
2019-10-23 16:34 | |
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Bitfinex’s LEO flatters to deceive; only 17 active addresses for $990 million market cap
UNUS SED LEO token is currently adding to the pile of misery faced by iFinex. iFinex, the parent company behind stablecoin Tether and Bitfinex, has been the topic of discussion for all the wrong reasons in 2019. дальше »
2019-10-23 16:00 | |
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Zuckerberg: Libra Needs to be Built, Won’t Launch Without Approval, Can Fix Failing Financial System
Mark Zuckerberg, the CEO of Facebook, is about to go to Congress to defend the Libra Project. One day before officially testifying in court, Zuckerberg has released his prepared remarks for the hearings. дальше »
2019-10-23 06:13 | |
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Tether and Tron partnership is a ‘win-win cooperation’
While the Tron ecosystem’s collaboration with stablecoin leader, Tether, becomes more prominent with USDT-TRON pairing and the TRC20-USDT campaign, Tron founder Justin Sun featured in an AMA to openly address some of the related developments. дальше »
2019-10-23 23:30 | |
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Tether (USDT) Supply on Tron Network Increases by a Whopping 180% in the last 6 Months
In March, USD pegged Tether first announced its plan to launch USDT on the Tron blockchain to enable operability with Tron-based protocols and Decentralized Applications (DApps). The stablecoin further allowed users to transact and exchange fiat pegged currencies across the Tron network. дальше »
2019-10-22 16:38 | |
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Trump Advisor and Former Fed Nominee Launches Fractional Reserve Stablecoin
Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin. дальше »
2019-10-22 13:37 | |
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Facebook Considering Stablecoin Alternatives to Ensure Libra Launch
Facebook is currently facing a race against time to ensure the survival and ultimate launch of Libra, its stablecoin project. While it is fair to say that the odds are stacked pretty high against the social media behemoth, new reports are suggesting that the company might be open to making a fundamental change to Libra. дальше »
2019-10-22 03:15 | |
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Binance Adds New Trading Pair Options for Its BUSD Stablecoin with ETH and XRP
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. дальше »
2019-10-22 00:03 | |
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Former Fed Nominee for President Trump to Launch Frax Stablecoin Not Pegged to USD
The former pick of President Donald Trump for the Federal Reserve (Fed), Stephen Moore, has recently affirmed that he will issue a new stablecoin, which is set to be backed by a fractional reserve. Moore is set to partner with Ralph Benko, a former deputy general counsel from the Reagan era, and with Sam Kazemian, […] дальше »
2019-10-22 23:52 | |
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Donald Trump’s former Federal Reserve nominee to launch stablecoin
President Trump’s previous nomination to the Federal Reserve, Stephen Moore reportedly announced to launch a U. S. dollar pegged cryptocurrency, Frax. In a interview with Fortune, Moore mentioned that his libertarian views led him to support cryptocurrency, which according to him, is an important alternative to state-backed money. дальше »
2019-10-21 19:43 | |
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Stablecoin Flows Between Exchanges Down $100M This Week
The flows of stablecoins between exchanges has slowed down dramatically over the past few days, signalling that no new sums are prepared to boost price action. Stablecoin Parked on Exchanges, Awaiting Action Stablecoins moving between exchanges are an indicator of potential trading activity. дальше »
2019-10-22 15:25 | |
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Libra Hints at Changing Their Core Rollout Model
David Marcus spoke to a group of established bankers in Washington this week, and he once again highlighted Facebook’s desire to launch the stablecoin as per regulatory demands. Marcus suggested that the core model of Libra can be changed if governments are unhappy with the current Libra prototype. дальше »
2019-10-21 13:00 | |
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Facebook’s Libra ‘cryptocurrency’ gets desperate as it considers stablecoins
Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months. дальше »
2019-10-21 12:00 | |
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XRP/BUSD and five other pairs start trading on Binance
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. дальше »
2019-10-21 09:29 | |
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Libra and Regulators Should be More ‘Creative,’ Claims BaFin President
Anyone who has been paying attention shouldn’t be surprised to hear that Facebook’s Libra stablecoin project isn’t in the greatest of places. After all, Libra just lost some of its key members, eBay and MasterCard, among others, as BeInCrypto has previously reported. дальше »
2019-10-21 03:18 | |
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Libra Isn’t Special, Not Going to Happen, Infers JPMorgan CEO
Jamie Dimon, the Chief Executive Officer (CEO) of JPMorgan Chase & Co. , is yet another big-money executive poising as a non-believer in the Libra project. Speaking this past Friday at a conference via the Institute of International Finance, Dimon had said that while Facebook’s stablecoin is “a neat idea,” it isn’t going to happen. дальше »
2019-10-21 23:48 | |
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Facebook’s Libra Should Be ‘Prevented’ Says German Lawmaker
Facebook’s Libra stablecoin, designed to facilitate international finance without the strains of government interference, has come under increasing pressure. This Friday, German Finance Minister Olaf Scholz added fuel to the fire, saying that Libra should be ‘prevented. дальше »
2019-10-20 17:20 | |
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G20 leaders agree to disallow stablecoin issuance till risks are addressed
Leaders of G20 met on Friday, and have reportedly agreed to set strict regulations for stablecoins like Facebook’s Libra. They warned that the issuance of stablecoins should disallowed until the risks they pose to global economies are addressed. дальше »
2019-10-19 14:30 | |
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Tether’s migration from Omni to ERC-20 protocol reaches near completion
USDT, the leading stablecoin in the cryptospace, has a market dominance of over 90%. And, since it is one of the primary sources of liquidity on a majority of the exchanges, it has shot its daily trading volume above Bitcoin in recent times. дальше »
2019-10-19 22:30 | |
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Ethereum Name Service Adds Infrastructure for Multi-Currency Support
On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. дальше »
2019-10-19 21:35 | |
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Tether Considers Algorithmic Stablecoin: Codename USDTX
Stablecoin provider Tether is considering creating an algorithmic alternative to its popular USDT token – possibly allowing traders to use cryptocurrency as collateral – as a means to provide another route to issue and trade USD-pegged assets. дальше »
2019-10-18 16:21 | |
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Libra, other stablecoins could hinder efforts to halt criminal use: FATF
The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according to reports. дальше »
2019-10-18 15:30 | |
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Libra Association stresses on cooperation as G7 releases report on stablecoins
The working group of the G7 has released a report detailing the potential risks a global stablecoin (GSC) could pose to nations and economies worldwide. GSCs will have to address these concerns to be considered for approval, the report said, adding that addressing the outlined risks will not guarantee regulatory permission to operate. дальше »
2019-10-18 11:30 | |
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USDC Beats Tether in Gaining Mainstream Adoption
The growing popularity of stablecoins is slowly causing a major shift to occur. The first of these assets has now found a use outside of the cryptocurrency industry as well. The USDC stablecoin will now be accepted for tax payments in Bermuda. дальше »
2019-10-18 01:59 | |
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Binance DEX Adds BNB/BUSD Trading Pair, Burns $36.7 million worth of Binance Coin
The decentralized exchange rolled on by crypto exchange giant Binance earlier this year is now offering it's clients a new service to purchase and sell Binance’s new USD-pegged stablecoin with BNB. On Oct 17, on its official Twitter platform, Binance DEX announced a new listing on its platform, BNB/BUSD Trading Pair. the pairing means that […] дальше »
2019-10-18 00:06 | |
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French Finance Minister: Libra Will Take Away State’s Power To Control Currency
French Economy and finance minister Bruno Le Maire attacks Libra again this time claiming that Facebook’s led stablecoin will intrude on one of the most important national government mandates, issuance of currency. дальше »
2019-10-17 20:31 | |
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104 Addresses Hold 70% of Tether, Research Reveals
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. дальше »
2019-10-17 20:30 | |
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US Fed Reserve: Facebook’s ‘cryptocurrency’ dream faces core legal, regulatory challenges
The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra. дальше »
2019-10-17 13:44 | |
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Tron-issued USDT stablecoin now the 5th largest in the market
Tron is presently lacking any significant relevancy in the market, something reflected by Google Trends which revealed that Tron had declined to a search index score of only 36 over the last week after registering a complete score of 100 in the 2nd week of January, 2019. дальше »
2019-10-17 22:30 | |
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Is Tether’s Centralized USDt Market A Cause For Worry? 104 Wallets Control 70% Of The Supply
Tether the parent company behind the leading stablecoin in the cryptocurrency market USDT has been at the center of the ongoing controversy regarding its role in manipulating Bitcoin prices. Now the on-chain metrics of tether revealed another worrying stat which suggested that 70% of the total market supply of USDT is controlled by just 104 […] дальше »
2019-10-16 20:07 | |
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Bermuda government to accept taxes in USDC stablecoin
Based on the latest report by Circle, Bermuda became the first government to accept payments for taxes, fees and other government services using stablecoin, USD Coin (USDC). The acceptance of USD-backed cryptocurrency is a result of Bermuda’s efforts into supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services. дальше »
2019-10-16 19:56 | |
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