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Demystifying the world of Tether blockchain and Tether USDT


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Photo: iStock-matejmo Demystifying the world of Tether blockchain and Tether USDT The cryptocurrency ecosystem is fast-paced and volatile. New coins come up every day with many disappearing as fast as they...

400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020


San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s...

Tether (USDT): Real World Fiat Currency, Through Blockchain Technology


In this article, we are going to look at the anatomy of Tether (USDT). What makes it a popular stablecoin, and why it is growing rampantly? So, without wasting a minute, let us start digging! What is Tether (USDT)? The most popular stablecoin- Tether, doesn’t need much of an introduction. This...

More BS on Lightning: Blockstream Pours Liquid on Thick


Blockstream reps have long been pushing for full implementation of the perpetually-delayed Lightning Network as the main solution for BTC scalability. With the recent announcement of “federated sidechain” Liquid’s integration with Btcpay, however, the tune seems to have changed....

New Stablecoins Commence a Fresh Assault on Tether


Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone....

Stablecoins Are Crypto’s Version of Fractional Reserve Banking


Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...

Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019


During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called...

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