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Kadena Onboards Celo’s Dollar Stablecoin, Plots January Launch for Decentralized Exchange
15.12.2020
The hybrid blockchain maker said it is collaborating with fintech firm Celo to on-board its stablecoin, cUSD, to Kadena’s platform using a trustless bridge
OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers
15.12.2020
The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers, as well as to the firms themselves
Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders
14.12.2020
The Origin Protocol team has unveiled a compensation plan for its depositors who were adversely affected by the flash loan attack in November. According to the team, there is now a plan to provide compensation equal to 100% of the value deposited to OUSD at the time of the exploit. Two Compensation...
Equilibrium’s Polkadot-native stablecoin will integrate with Moonbeam
14.12.2020
The two Polkadot parachains will communicate to create a unified DeFi environment
Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers
14.12.2020
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being...
Waves' pivot toward DeFi, staking and interoperability triggers 107% rally
11.12.2020
A focus on interoperability and staking allowed Waves to turn the tide with a month-long 107% rally
EU firm’s head trader explains why euro stablecoins are hard to come by
10.12.2020
The crypto world does not have a major euro-pegged stablecoin yet
Euro stablecoin launched on Stellar by one of Europe's oldest banks
10.12.2020
The EURB is fully regulated and backed 100% by Euros, allowing banks and institutional investors to use the cryptocurrency without exposure to counterparty risk
Paxos seeks approval to become fully-regulated crypto bank
10.12.2020
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels
One of the World’s Oldest Banks Is Issuing a Euro Stablecoin on Stellar
9.12.2020
Germany’s Bankhaus von der Heydt is working with Bitbond for the first direct issuance of a stablecoin by a bank on Stellar, the firms said
EURST Stablecoin – The Cost of Answering the Call of the Economic Times
9.12.2020
The technological developments brought about by the invention of blockchain, bitcoin, and cryptocurrencies are rapidly transforming the financial landscape with the nascent industry failing to fit any conventional classification to become an asset class of its own. Stablecoins Are the Solution...
JPMorgan exec: Softer stance on Bitcoin but we've always been pro-blockchain
8.12.2020
Banking executive says JPMorgan has been active in blockchain for a while
Algorithmic stablecoin project Neutrino launches staking for its governance token
8.12.2020
The Waves-backed project will share a portion of protocol fees with NSBT holders
Huobi’s HUSD Stablecoin to Run on Nervos Blockchain
8.12.2020
China's Nervos picks Huobi's HUSD as the first available stablecoin on its blockchain amid a DeFi boom in China
Facebook hopes to launch its crypto and wallet in 2021, top exec says
8.12.2020
The social media giant has rebranded in hopes of scoring regulatory approval
German government unimpressed by Facebook stablecoin's rebrand
7.12.2020
German finance minister says “A wolf in sheep's clothing is still a wolf.”
Biden team will boost crypto's role in US infrastructure, says Circle CEO Allaire
7.12.2020
Allaire also sees political moderation as the best scenario for continued crypto development
US Representatives Add Digital Currencies to the 2021 Defense Bill
6.12.2020
The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies.” However, after more than 50 NDAA bills passed, President Donald Trump plans to veto...
Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened
6.12.2020
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like...
Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second
5.12.2020
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes...