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South Korean Exchange Bithumb Sells To Singapore Investor For $353 Million

Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins.   Officials Finalize Majority Stake Deal As Korean news outlet Naver reports October 12, BK Global Consortium paid 400 million won ($353 million) for a majority stake in Bithumb, having previously held a minority position in the company. дальше »

2018-10-12 10:30


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Decentralizing The Dollar: True USD Distributed Asset Token

Stablecoins: what are they, why do we need them, how do they work? In this three-part series Andrew Ancheta casts an eye over three different economic models for stablecoins. Part one deals with the decentralized version of the current market leader, and examines how TrueUSD (TUSD) attempts to hurdle one of the highest barriers to […] The post Decentralizing The Dollar: True USD Distributed Asset Token appeared first on Crypto Briefing. дальше »

2018-10-9 16:40


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New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’

Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital […] The post New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’ appeared first on Bitcoin News. дальше »

2018-9-29 21:30


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Circle’s USDC Stablecoin Begins Trading

Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform. дальше »

2018-9-27 20:50