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Coinbase Launches High Yield USDC Accounts With 4% APY
30.6.2021
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With...
Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector
11.6.2021
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. European Central...
New ASEAN blockchain consortium targets cross-border cooperation
23.4.2021
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness
Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising Success
31.3.2021
Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the team aims to bring the Moonbeam network live in the second half of the year. Ethereum-Compatible Smart Contract...
Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer
18.3.2021
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible...
Square Crypto-Led Consortium Challenges Craig Wright’s Bitcoin White Paper Claim
5.2.2021
The response asks general questions of Craig Wright's claims
Korea’s Shinhan Bank makes strategic investment in crypto custody consortium
11.1.2021
South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit
Jack Ma’s Ant Group, Three Other Digital Banks Get OK to Operate in Singapore
4.12.2020
The approved digital banks will be able to start operating from Singapore in early 2022
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
1.12.2020
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
Bitcoin.com Exchange Reveals Role in the Cryptopia Rescue Group
31.10.2020
The world-class trading platform, Bitcoin.com Exchange announced it’s participating in the Cryptopia Exchange rescue consortium in order to help redistribute coins to customers. Bitcoin.com’s trading platform will provide an exchange environment in order to bolster the Cryptopia Rescue...
EY, Samsung SDS & Naver-Line Consortium Bids to Test South Korean CBDC
22.10.2020
There has been mixed news for the central Bank of Korea (BOK) as it prepares to launch its first pilot for the digital won.
The bank is still yet to make an official decision on whether it will actually launch the central bank digital currency (CBDC) or not, but recently claimed that it would...
Cloudbet Launches Second Major Stablecoin With USDC
7.10.2020
Cloudbet, the pioneering crypto sportsbook and casino, has added USD Coin to the portfolio of coins available to customers, marking the operator’s second major stablecoin integration after launching USD Tether in May. With the integration of USDC and USDT, Cloudbet now supports the biggest...
Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund
1.10.2020
Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners...
5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin, and Drug Cartels
21.9.2020
According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 which shows fraudulent funds...
‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo
27.8.2020
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre
China's consortium chains may not be trusted internationally, says Vitalik Buterin
25.8.2020
Ethereum co-founder shares his opinions on China’s blockchain progress and the Blockchain Service Network
Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound
17.8.2020
Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance
Bitcoin Cash Difficulty Algorithm Debate Heats Up With Fears of Another Chain Split
5.8.2020
With a touch more than three months left until the next Bitcoin Cash upgrade, crypto proponents have been witnessing a new quarrel rise after last year’s contentious Infrastructure Funding Proposal (IFP). This time around, the tensions derive from the Difficulty Algorithm Adjustment (DAA)...
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...