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What Happens if All Stablecoin Users Have to Be Identified?
18.2.2021
If the U.S. reins in pseudonymity in stablecoin transactions (as seems possible) there could be big implications for the crypto industry, says our columnist
xSigma Prepares to Launch Its Stablecoin DEX With Major Backers
17.2.2021
PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will...
Cream Iron Bank Flash Loan Attack: Markets Re-Enabled While Asset Borrow Is Paused
16.2.2021
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations...
Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure
16.2.2021
Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. The platform is still awaiting regulatory approval before it can launch
Diem Stablecoin Prepares for Liftoff With Fireblocks Custody Partnership
16.2.2021
The rebranded Libra network aims to come out with an initial product around the end of this quarter, with help from Fireblocks and First Digital Assets
Roses are red, violets are blue, Bitcoin hits $49K and a new all-time high too
14.2.2021
The price of Bitcoin broke past $49,000 to achieve a new all-time high across major exchanges
Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher
12.2.2021
Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans
Stablecoin flows hint at $50K Bitcoin after Tesla pump liquidates $500M in BTC shorts
9.2.2021
Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000
Etoro’s Gooddollar Basic Income Initiative Aims to Fund 1 Million New Users With New Referral Program
9.2.2021
An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar...
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe
5.2.2021
Bitfinex says early Friday it repaid fully of the loan to Tether
Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner
5.2.2021
Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said
Circle Launches USD Coin on the Stellar Network
4.2.2021
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official...
The Block Founder Mike Dudas Takes Stablecoin Role at Paxos
3.2.2021
The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business
Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets
3.2.2021
According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.”...
LUNA doubles in price after $25 million investment by Galaxy Digital
3.2.2021
The Terra Protocol is an up-and-coming crypto platform for DeFi and payment projects, spurred on by working products and a growing audience for DApps based on its technology
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
2.2.2021
Buying in these stablecoins may foretell where the crypto market is going
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
2.2.2021
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part...
Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
31.1.2021
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means...
Stablecoin holdings on crypto exchanges hit a new all-time high
29.1.2021
Stablecoins like Tether are flooding crypto exchanges again, potentially pointing at another upward move on crypto markets