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6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China
10.9.2020
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid...
Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate
8.9.2020
Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount. The growing national debt, the protests, the political uncertainty surrounding the presidential election, and countries seeking a USD alternative in fear...
First Mover: SushiSwap’s Billion-Dollar ‘Rug Pull’ Is Thriller to Crypto Geeks
8.9.2020
The "Sushi rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks
Sorry, Governments, We’re Entering the Era of Private Money
7.9.2020
Whether the U.S. government likes it or not, the world is demanding crypto-dollars and the private market is ready to supply them
Fear, politics and the dollar: 5 things to watch in Bitcoin this week
7.9.2020
U.S. dollar strength combines with a decision on monetary policy in Europe as a backdrop to fresh fear among Bitcoin investors
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
7.9.2020
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized...
Blockchain can shield banks from billion-dollar trade finance scandals, says exec
4.9.2020
Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert
Yield farming satire MEME turns into multi-million dollar crypto project
4.9.2020
A fake advertisement intended to send up the yield farming frenzy has turned into a genuine NFT farming DAO with a $3 million market cap
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
MIT is helping the Boston Fed build a CBDC that can be scaled for consumer use
3.9.2020
Can MIT help the U.S. catch up to China in the CBDC race?
Digital cold war? United States and China vie for blockchain supremacy
3.9.2020
As the tech standoff heats up, China launching a CBDC before the U.S. “absolutely does not guarantee global financial preeminence.”
The Crypto-Dollar Surge and the American Opportunity
3.9.2020
The U.S. has much to gain from being the steward of a politically neutral payments technology, even if it means giving up power over the financial system
Not good for Bitcoin: US dollar is rebounding from multi-year support
3.9.2020
The U.S. dollar has rebounded from a crucial multi-year support area and the price of Bitcoin and gold are simultaneously rejecting
Around the Crypto World in 15 Charts: CoinDesk Research’s August Review
2.9.2020
In 15 charts, the CoinDesk Monthly Review for August details BTC's performance, its relationship to fiat currencies and Ethereum’s growing congestion problem
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
After Bashing Yield Farming, Buterin Offers a 'Billion Dollar' DeFi Idea
1.9.2020
Vitalik Buterin. After criticizing yield farming once again and looking for a “least favorite DeFi project”, Ethereum (ETH) Co-founder Vitalik Buterin revealed his own vision for a new decentralized finance (DeFi) project.
This time, it’s about forking Maker (MKR).
“All I want for [DeFi] is...
Jerome Powell throws US dollar under a bus in Jackson Hole
1.9.2020
Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting
You Think Crypto Isn’t Ready to Be Money? Consider the Coin Shortage
1.9.2020
If the United States had a digital dollar, we wouldn't need to worry about a lack of coins at retailers like Target and Kroger
Bitcoin Nears $12K as Dollar Declines to 29-Month Low
1.9.2020
Sell-off in the U.S. dollar and ether's price rally power gains in bitcoin
Swipe Unveils USD-Dollar Checking Accounts with Evolve Bank & Trust Firm
1.9.2020
As a powerful cryptocurrency wallet and debit card portal, Swipe is all set to dig its foot deep into the US market space by entering into a partnership with leading financial services provider, Evolve Bank & Trust to unleash new opportunities. The integration will allow Swipe to launch...