Stablecoins Hitting $9 Billion Shows Investors in Crypto Market Are Rattled
Over the past few weeks, stablecoins, crypto-assets tied to and backed by a “stable” reserve asset, have become increasingly important to the cryptocurrency market. First...
$120 Million in Tether Was Just Minted, and That’s Big for Bitcoin
While the size of Bitcoin’s community has been shrinking over the past few months, one part of the crypto industry has been consistently growing: the market capitalization of...
Libra Supporters Join Rival Project Celo Dollar
While Facebook cannot deploy its stablecoin project, many members of the Libra Association, the entity behind the Libra Project, are now supporting a rival project called Celo Dollar...
Tether Printers Churn Out 60M New USDT, Relief Rally Inbound?
Tether Inc. appears to be responding to the crypto market’s ongoing decline today by minting 60,000,000 new USDT tokens. Whenever this has happened in the past the crypto market...
AdEx: Revamping Digital Advertising Via Blockchain Technology, Now Out of Beta
Blockchain technology has been hailed as a disruptor of several aspects of the global business process since its emergence. For Adtech startup AdEx, decentralization holds the key to...
ECB Says Banks Should Find Better Alternatives to Libra
Commercial banks should work out their own transfer systems as an alternative to Facebook’s Libra, urged Jens Weidmann, President of Bundesbank and member of the Governing Council of...
Why Canada’s Crypto Industry is Threatened by Tax Rules
Canadian tax authorities’ approach to crypto-assets might discourage the country’s citizens from using digital assets, as things like double taxation remain an issue. While...
British Virgin Islands Rebuts Launching Stablecoin
The government of the British Virgin Islands has recently announced that it will not be launching its own stablecoin, despite local media reports of a pegged digital asset being in...
YouHodler Launches New “Multi HODL” Feature to Help Users Manage Risk and Multiply Crypto...
YouHodler is introducing a new feature to its popular FinTech platform that specializes in crypto-backed lending products, crypto savings accounts and original trading tools like...
Africa’s First Stablecoin is Built on Binance Chain
Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native...
Nobel Winner-Backed Saga Launches Libra-Like Global Coin
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga...
Coinbase Offers 1.25% Interest on USDC Deposits
Coinbase is offering a 1.25% annualized rate on USDC deposits, as part of its USDC Rewards program. The yield will be available to US-based customers. Starting today, eligible US...