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Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume
26.11.2021
A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have...
US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers
26.11.2021
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption...
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
24.11.2021
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion...
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
24.11.2021
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them....
Read More: US Senate Demands Answers From...
Total crypto market cap drops by 6.7%, but futures data finds a silver lining
22.11.2021
Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why
Crypto Market Sentiment Drops
22.11.2021
Despite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market...
In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader
17.11.2021
Bitcoin (BTC) holders are not the only ones in danger of kidnap attempts – stablecoin advocates are also falling victim to opportunistic attackers hoping to get their hands on these coins.
Per the Hong Kong-based media outlet Ta Kung Pao, criminals are continuing to target traders...
Tether launches Synonym to boost Bitcoin adoption through Lightning Network
16.11.2021
The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform
Crypto Market Sentiment Unchanged; Cardano Takes the Throne
15.11.2021
After finally re-entering the positive zone last Monday, crypto market sentiment is holding onto it tight, but without seeing a relevant change. Compared to last week’s 6.04, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.02, according to...
Two firms account for the majority of Tether received: Report
12.11.2021
A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
10.11.2021
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches...
NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News
10.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
The NYCCoin is set to launch on Thursday, November 11, with the community-led proposal endorsed by New York City Mayor-elect Eric Adams....
Crypto Market Sentiment Steps into Positive Zone, Led by Tether
8.11.2021
Crypto market sentiment has continued its upwards trajectory, re-entering the positive zone for the first time since late August. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.04, up from 5.91 seen a week ago, according to the market...
Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion
7.11.2021
SOL price reached another record high on Nov. 7, bringing its YTD gains up by roughly 17,500%
Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days
6.11.2021
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3%...
An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM
1.11.2021
In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency...
Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days
31.10.2021
87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that...
Crypto exchange Bitfinex testing new AML compliance tool
28.10.2021
Launched in production in 2020, Notabene’s Travel Rule solution now processes transactions between 50 crypto exchanges
Tether to Use Notabene Travel Rule Solution for Stablecoin Transfers
28.10.2021
Tether Operations Limited (“Tether”), the business behind the blockchain-powered tether.to platform powering the world’s most valuable stablecoin, announced that it would be using Notabene’s solution for compliance to crypto Travel Rule. Tether will begin to test Notabene’s...
Tether Trials Solution to Comply With FATF Travel Rule
27.10.2021
Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will allow the company to comply with the Financial Action Task Force (FATF) travel rule. The system, that is provided by Notabene, a company that offers ID and travel...