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104 Addresses Hold 70% of Tether, Research Reveals
17.10.2019
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s...
French Finance Minister Warns He ‘Cannot Countenance’ Facebook’s Libra
17.10.2019
France: government minister attacks Facebook’s Libra once again
Bermuda to Start Accepting USDC Stablecoin for Tax Payments
17.10.2019
Bermuda has become the first government to start accepting taxes in the form of hugely popular USDC stablecoin. In fact, the people of Bermuda will also be able to use the USD Coin (USDC) for the payment of fees and government services, as per the official announcement by Circle on its blog dated...
Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies
17.10.2019
A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in...
Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus
16.10.2019
The head of Facebook’s Calibra, David Marcus, says he is a big fan of Bitcoin, but it is totally different than Libra
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
16.10.2019
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar
Tron CEO, Justin Sun Forecasts USDT as the Top Future Stablecoin
16.10.2019
In his latest tweet, Tron CEO Justin Sun has professed the TRC20-based USDT, forecasting it as the biggest stablecoin of the futures markets. TRC20-based USDT is the version of the Tether powered by Tron Blockchain. In terms of usage, it has gained 5th rank beating other top-ranking stablecoins....
Bermuda Becomes First Gov’t to Accept Tax Payments in USDC Stablecoin
16.10.2019
Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USDC for tax payments
RBC Analysts: Squashing Libra Could Boost China’s Digital Currency
16.10.2019
China’s digital currency could become the dominant digital currency if U.S. regulators dismiss Facebook's Libra
Bank of England Governor Carney Defends Facebook’s Libra Stablecoin
15.10.2019
Bank of England governor Mark Carney defends Facebook’s choice to create a new currency
Booking Holdings Leaves Facebook’s Libra Association
14.10.2019
Leading online travel company Booking Holdings has left the Libra Association
US Treasury Secretary Says Firms Left Libra Due to Compliance Issues
14.10.2019
Steven Mnuchin has said that Facebook’s forthcoming Libra stablecoin is not ready to comply with existing money-laundering standards
Ethereum Is No Longer a Monopoly Platform for Stablecoins
11.10.2019
Ethereum isn’t the only stablecoin game in town. The number of Ethereum-based stablecoin projects is declining as teams use other platforms, forks, 3.0 blockchains and proprietary blockchains for building price-stable currencies instead
How Severe Is Roche Freedman’s Lawsuit Against Tether and Bitfinex?
11.10.2019
The latest lawsuit against Bitfinex and Tether highlights the need for better regulations across the stablecoin market
Zuckerberg to Testify Before Congress Regarding Libra Stablecoin
9.10.2019
Rep. Maxine Waters stated that Mark Zuckerberg will testify before the Financial Services Committee later this month regarding the Libra payments network
UK’s Central Bank Establishes Provisions for Facebook’s Libra
9.10.2019
The Bank of England has established provisions for Facebook’s Libra should it be issued in the country
OpenLibra Plans to Launch Permissionless Fork of Facebook’s Stablecoin
9.10.2019
OpenLibra, a permissionless fork of Facebook’s stablecoin Libra, is announced at the Ethereum developer conference Devcon 5
New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control
9.10.2019
Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra cryptocurrency to build an open alternative
OmiseGo Joins Crypto Coalition Universal Protocol Alliance
9.10.2019
OmiseGo has become a member of Universal Protocol Alliance, a coalition of blockchain and crypto-focused firms
Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex
9.10.2019
A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them...