World’s Largest Crypto Exchange Binance Looks to Add New Stablecoins
Binance sees stablecoins like tether, and potentially the Gemini Dollar, as “critical for our ecosystem,” the exchange’s chief financial officer says.
New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U.S. District Court for the Southern District of Florida against BitConnect. The new suit combines all the lawsuits previously filed against the now-defunct pyramid scheme. The new class action names the law firm Silver Miller as the “Class Counsel” […]
Ripple’s Head of Information Security Leaves for Token Startup
Sujay Jaladi will leave Ripple to join another blockchain startup, Harbor.
Apple Pioneer Steve Wozniak Has Co-Founded a Blockchain Investment Firm
Steve Wozniak, the tech entrepreneur best known as the co-founder of Apple, has joined EQUI Global, a venture capital fund built using blockchain technology, as a co-founder. In a Medium post published by the company, Wozniak said that he will scout for technology companies to find the “tech stars” of the future. He also said that […]
$194 Million was Moved Using Bitcoin With $0.1 Fee, True Potential of Crypto
On October 16, a Bitcoin user moved 29,999 BTC worth $194 million with a $0.1 fee, a transaction which with banks would cost tens of thousands of dollars. An often pushed narrative against cryptocurrencies like Bitcoin and Ethereum is that it is expensive to clear transactions due to fees sent to miners. However, the $194 […]
Europe Surpasses US and Asia in Cryptocurrency Token Sales
Europe is rapidly becoming the world’s cryptocurrency hub, with a significant amount of EUR funding being directed into cryptocurrency projects. So far this year, the value of token sales in Europe is close to exceeding that of Asia and the U.S. combined. Fabric Ventures, a venture capital fund investing in blockchain and decentralized network projects, […]
Which Stablecoin Is the Riskiest? The Crypto Market Is Pricing That In
Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT.
With New Exchange Listings and Demand, New Stablecoins See Pegs Broken
Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs. Following the fiat-collateralized […]
Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move
A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors. However, the effects of the rumors did not go unnoticed. Tether, a […]
Cryptocurrency Needs More Regulation than other Commodities: Fmr. CFTC Chair
Former Commodity Futures Commission Chairman Gary Gensler, who helmed the organization from mid-2009 to early 2014, recently shared his opinions on cryptocurrency regulation in a Bloomberg interview. Need For Regulation Gensler was asked about the validity of blockchain technology, and the regulator-turned-blockchain-lecturer stated outright that it “has a real chance to be a catalyst for […]