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Tether Prints $300 Million, While XRP Reclaims Third Spot


Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert...

Bitcoin and Altcoins Consolidate Above Key Uptrend Supports


Bitcoin price remained below the USD 11,250 and USD 11,400 resistance levels. BTC is currently (08:30 UTC) correcting lower and it is struggling to stay above USD 11,000. It seems like the price might continue to move down and it could even retest the USD 10,550 support zone. Similarly, most major...

Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours


The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...

Privacy-Enhancing Protocol Cashfusion Completes Security Analysis


Just a few days prior to the Bitcoin Cash anniversary, BCH fans found out that the Cashfusion audit from Kudelski Security is now complete. Electron Cash engineer Jonald Fyookball announced the audit was finished and said the protocol “passed, mostly with flying colors.” Last February...

Bitcoin Tops $11,000 Reigniting Interest in India


A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...

Russian Roulette: Central Bank Calls Crypto Investment ‘Gambling’


The crypto-skeptic Russian Central Bank (CB) has taken another swipe at crypto – equating investment in digital tokens to “playing roulette” or investing in “pyramid schemes.” Meanwhile, some experts have suggested that new Russian “suspicious funds” seizure laws could be applied to crypto...

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