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16/11/20 06:00 by Nick Chong
Ethereum DeFi Exploiter Returns $50,000 to â€śNurseâ€ť Affected by $5m Attack
DeFi Despite positive technological developments, the decentralized finance (DeFi) space is still rife with hacks and exploits. This much was made clear just recently, when $7 million was siphoned out... Read More
04/11/20 19:09 by Livine Sanchez
3 Ways to Turn a Profit Using Crypto Stablecoins
The vast majority of cryptocurrency investments require some degree of risk tolerance, with the greater the risk often bringing with it the greatest rewards, but also the highest chance of potential ... Read More
03/11/20 11:52 by Thomas Delahunty
Meet the Projects Pushing Stablecoin Adoption
In the last year, stablecoins have gone from representing just a tiny fraction of global cryptocurrency trading volume to more than half of it. This, because more users than ever before now use stable... Read More
28/10/20 12:35 by Brenda Ngari
JPMorgan Coin Is Now Live And In Use By A â€śLarge Technology Clientâ€ť For Global Payments
The largest US bank with around $2.7 trillion assets under management, JPMorgan & Chase, has launched its own stablecoin, the JPM Coin. The newly-released JPM Coin is reportedly being used commer... Read More
24/10/20 04:00 by Cole Petersen
These Factors Show DeFi is Bullish Despite 50%+ Drop Seen by Many Crypto Tokens
The DeFi sector has been struck hard by the recent downturn seen across the aggregated crypto market, but it has not been able to match the momentum seen by Bitcoin and Ethereum as a result of their r... Read More
21/10/20 19:01 by Ponvang Bulus
Centralized Exchanges Recorded Over 40% Increase In Trading Volume For Tether and USDC In Q3
Top stablecoins, Tether (USDT), and USD Coin (USDC) have recorded significant increases in trading volume on centralized exchanges, a Q3 report by the Crypto Rank Platform revealed. Data from the rep... Read More
19/10/20 20:13 by Guest Author
Crypto Roundup: October 19th, 2020
Bitcoin has shown resilience over the past week, holding firm above the newly conquered $11k level as cryptocurrency exchange OKEx suspends withdrawals, sending a tremor through the market.
Despite fa... Read More
16/10/20 12:03 by Ponvang Bulus
Second-Largest Stablecoin USDC to Launch on Stellar In 2021
The second-largest stablecoin after Tether (USDT), USDC is scheduled to launch on the Stellar blockchain in 2021. This is according to an announcement by Center Consortium and Circle on Thursday, Oct... Read More
29/09/20 18:07 by Bernice Nyambura
Binance Launches Venus â€“ A Decentralized Stablecoin And Digital Assets Lending System
Binance has unveiled a new DeFi protocol Venus on its rapidly growing blockchain ecosystem Binance Smart Chain to generate decentralized stablecoin assets and allow digital assets lending.
Venus (... Read More
29/09/20 14:07 by Samuel Wan
Matic Takes Step Towards Solving High Ethereum Gas Fees By Integrating Tether
Matic has just announced that Tether is now available on their network. The Matic team tweeted that this would help Ethereum immensely by diverting activity away from the mainchain.
1/ The industryâ€... Read More
26/09/20 19:37 by Ponvang Bulus
Tetherâ€™s Dominance Over Stablecoins Dips Below 80% For The First Time In Years
The leading stablecoin’s dominance has dropped below 80% in the stablecoin market, according to data from Coinmetrics. This is happening for the first time in recent years of stablecoins existe... Read More
26/09/20 17:27 by Livine Sanchez
Algorand: The Dark Horse of Crypto World
Ethereum continues to be the de facto choice for most crypto projects. However, its scalability limitation and overcrowding have forced many crypto projects, especially the DeFi ones,... Read More
22/09/20 23:57 by Erie Maxwell
European Central Bank Says â€śStablecoinâ€ť Term Is Misleading
As the European Central Bank prepares plans for a digital Euro, they have also issued a warning about the nature of so-called stablecoins.
The ECB released a report that laid out the possibilities... Read More
18/09/20 21:00 by Tony Spilotro
Is USDCâ€™s Billion Dollar Growth A Sign Crypto Smart Money Is Ditching Tether?
The talk of the crypto market recently has been the sudden substantial increase of Tether printed and its potential impact on Bitcoin. But what they’ve failed to realize, is that the USDC supply... Read More
15/09/20 22:00 by Tony Spilotro
No, Another $1 Billion In Tether (USDT) Wasnâ€™t Added To The Crypto Market Cap
This week, over $5 billion in Tether (USDT) was minted and added to the stablecoin’s circulating supply and market cap. A correlation with newly minted USDT and Bitcoin pumping has sent the cryp... Read More
14/09/20 16:27 by Bernice Nyambura
Tether Prepares for Another $1 Billion USDT Swap From Tron to the Ethereum Network
Over the past week, Tether has been in the news for several reasons, the most recent of which is proof that traders are interested in trading its native token USDT on the Ethereum network, despite co... Read More
12/09/20 18:21 by Olivia Brooke
New Draft Law Suggests The European Union Is Set To Regulate Cryptocurrencies
More countries have opened their doors to cryptocurrencies this year than we have seen in the previous years. As the demand for cryptocurrencies continues to soar, countries in Asia and Africa have b... Read More
04/09/20 16:22 by Nick James
Bank Of England Governor Praises Stablecoins And CBDCs, Throws Jab At Bitcoin
The popularity of Stablecoins and the talk of Central Bank Digital Currencies continue to increase as more mainstream players take notice. Now, these two types of digital assets seem to have won the ... Read More
01/09/20 22:22 by Brenda Ngari
Tether (USDT) Overtakes XRP Yet Again, Exceeds $13.4 Billion Market Valuation
Over the past 24 hours, Tether stablecoin has overtaken Rippleâ€™s XRP once again to become the worldâ€™s third-biggest cryptocurrency just behind ethereum (ETH) and bitcoin (BTC). Tether now boasts ... Read More
31/08/20 22:34 by Nick James
Self-Proclaimed Satoshi Craig Wright Calls DeFi And Stablecoins â€śComplete Scamsâ€ť
Self-proclaimed Satoshi, Craig Wright, is back in the headlines, and this time, heâ€™s taking a jab at the increasingly popular DeFi schemes and Stablecoins that have taken the crypto market by storm... Read More
21/08/20 22:20 by Vincent Mislos
Crypto Markets Report â€“ Stablecoin Usage Is Skyrocketing In East Asia
According to a new report by analytics firm Chainalysis, East Asia is increasingly seeing more crypto trading activity, East Asia represents the largest crypto market with 31% of all cryptocurrency t... Read More
21/08/20 13:21 by Yashu Gola
OMG Networkâ€™s Token Climbs 252% This Week; Whatâ€™s Pumping It?
OMG Network’s native token OMISEGO (OMG) logged a milestone price rally in the running week.
The 25th largest cryptocurrency surged by up to 252 percent in the days leading to its integration in... Read More
19/08/20 18:14 by Nick James
XRP Complements Stablecoins and CBDCs, Top Ripple Exec Asserts
The advent of Stablecoins and Central Bank Digital Currencies (CBDCs) has pretty much put Rippleâ€™s XRP in a compromising position, especially given that they do almost exactly what XRP does when ut... Read More
17/08/20 11:15 by Livine Sanchez
Insights On Investing In Gold-Backed Tokens
Gold-backed cryptocurrency tokens have long been hailed as the ultimate crossover between the traditional financial markets and the rapidly developing world of cryptocurrencies.
As their nam... Read More
09/08/20 12:48 by Bernice Nyambura
New York Banks Get Approval to List and Custody Binance USD Stablecoin
New York banks can now list and custody Binance Stablecoin, Binance USD, (BUSD) after the recent approval by the New York Financial Department of Financial Services, NYDFS.
The NYDFS updated its g... Read More
08/08/20 20:20 by Nick James
Erik Voorhees: Bitcoin And Stablecoins Will Eventually Take The Place Of Gold And Bank Notes
There have been talks of how Bitcoin could soon take over the financial world in a grand measure, and this idea seems to be winning over more people as time goes. So far, Bitcoin has been proven to b... Read More
23/07/20 15:44 by Bernice Nyambura
eToro: Stablecoin Adoption Upsurge Driven by Remittances and Fiat Inflation
While media coverage focuses on Bitcoin, stablecoins are halving a field day in Q2 as the primary go-to option for remittances and hedging against fiat money inflation.
A new report by the crypto ... Read More
21/07/20 12:00 by Ponvang Bulus
Messari: Tether (USDT) Likely to Surpass Bitcoin as the Dominant Cryptocurrency
Although stablecoins are a relatively new invention in the cryptocurrency space, they have become quite popular among those who use cryptocurrencies for payments. The most preferred of them all is Te... Read More
10/07/20 13:00 by Yashu Gola
Explosive Defi, Stablecoin Activity Send Ethereum Fees Above Bitcoin
The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month.
Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized... Read More
10/07/20 01:00 by Tony Spilotro
Why Was $5.5M In Tether Frozen This Year And What Does It Mean For Crypto?
Tether is about as controversial as it gets when it comes to the crypto space. But the negative stigma over the last year has begun to shed.
But there are a few facts about the stablecoin that many cr... Read More