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Enter Facebook Financial: All Bases Covered From Crypto to Stablecoins
14.8.2020
There are multiple ways to approach digital payments, and Facebook wants to cover them all
First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
12.8.2020
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes
Unpacking the Avit, Avanti Bank’s New Digital Asset Being Built With Blockstream
12.8.2020
Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law
First Mover: After Falling 65% This Year in Bitcoin Terms, Do ‘Stablecoins’ Need a Rebranding?
11.8.2020
So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?
Goldman Sachs Cryptocurrency: Possible Collaboration With JPMorgan and Facebook
8.8.2020
Goldman Sachs is considering creating its own cryptocurrency. Having recently appointed a new head of digital assets, the company indicated a possible collaboration with other companies, including JPMorgan and Facebook. JPMorgan has created the JPM coin and Facebook has proposed the Libra...
Telecom Giant Says ‘Local Stablecoins, Blockchain’ Powered 19% Growth
8.8.2020
Executives of KT Group in Seoul. South Korea is just one of the countries currently reeling from the effects of the coronavirus pandemic, with economic growth down in most sectors. But one industry – telecommunications – is booming. And blockchain-powered local stablecoins appear to be helping...
Financial Service Provider to Coinbase Teams With Circle to Offer Stablecoin Payments in EU
7.8.2020
BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available
Binance Says New York Banks Can Now Use Its Stablecoin After Watchdog Approval
7.8.2020
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...
Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021
6.8.2020
Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year
Square Saw Stronger Demand For Bitcoin in Q2, Local Stablecoins + More News
5.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Payments company Square has reported USD 875m in bitcoin (BTC) revenue made via its Cash App service during the second quarter...
Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days
3.8.2020
Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled...
Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities
3.8.2020
A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto
Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week
2.8.2020
Check out this week’s Bad Crypto podcast
On Solid Ground: Stablecoins Thriving Amid Financial Uncertainty
2.8.2020
The state of stablecoins: Demand for stablecoins continues to grow amid financial uncertainty
Circle Gets $25M From DCG to Drive USDC Mainstream
30.7.2020
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses
Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum
28.7.2020
Terra is joining forces with Cosmos, Web3 Foundation and Solana to roll out a DeFi product meant for a wider consumer audience. Meet Anchor
Maker's Value Locked Breaches $1B Ceiling, but There's a Caveat
27.7.2020
MakerDAO posts records in value locked as yield farmers create new Dai and Ether rallies
Live-Streaming Service Twitch Gives Subscribers 10% Discount if They Pay With Cryptocurrency
27.7.2020
The live-streaming service Twitch is now offering a 10% subscription discount for people who register with cryptocurrency. The new offer from Twitch leverages the Bitpay payment processor, as this is the first crypto-based discount promotion from a company of this magnitude. This week,...
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...