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USDC issuer Centre lands Wall Street veteran David Puth as CEO
1.12.2020
The company behind USDC has added a new face that could help further institutional adoption
Yet Another Relaunch for Libra as New Name Unveiled
1.12.2020
Libra is seizing the day with yet another brand refresh.
The post Yet Another Relaunch for Libra as New Name Unveiled appeared first on CoinMarketCap Blog
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
1.12.2020
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO
Libra rebrands to Diem, hoping to shake off associations
1.12.2020
The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra's initial announcement
xSigma DeFi Is a Game Changing Protocol Backed by a NASDAQ Listed Company
1.12.2020
The DeFi ecosystem has been growing faster than anyone can keep up with recently. Billions of dollars in digital assets are invested, despite all the problems the current services suffer from. Buggy code, security vulnerabilities and shady anonymous developers are just some of the issues that...
Russia's Sberbank plans release of its own crypto token, the 'Sbercoin'
30.11.2020
With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act
‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era
30.11.2020
With Basis Cash, a team of anonymous developers is making what might be called a fork of a project that never launched
Facebook’s Libra Crypto Gets Ready to Launch in January as a Single Coin
28.11.2020
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed...
EURST Stablecoin – Reinvention of the European Economy
28.11.2020
Over the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the world interacts, operates, and most of all, conducts exchanges. In the current economic hardship and...
Tether's market cap is growing at a near-record pace
28.11.2020
The market cap of USDT swelled by 1 billion over nine days
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
27.11.2020
Libra will initially be pegged to just one fiat currency
Facebook-Led Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report
27.11.2020
Libra might eventually get off the ground as early as January albeit in a more limited format
$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit
27.11.2020
Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...
ZK International Subsidiary xSigma Introduces New Defi Project
26.11.2020
PRESS RELEASE. xSigma Corporation, a wholly owned subsidiary of ZK International Group (NASDAQ:ZKIN), was launched in 2018 as a blockchain research and development lab to solve real-world infrastructure challenges. After two years of intensive research into smart contracts and other...
BIS Paper Says There’s Potential to Embed Regulation Into Stablecoin Systems
25.11.2020
The need to regulate global stablecoins like Libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper
Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI
25.11.2020
Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack...
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...
IMF lawyers argue that central banks need reform before they can issue CBDCs
20.11.2020
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies
SEC gives OK to social media platform to issue stablecoin without registering as a security
19.11.2020
The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat