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Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
Tether Mints 300M USDT in Chain Swap, Corresponding Burn Still Awaits
12.9.2019
Tether mints 300 million USDT in a swap from Omni to Ethereum but the corresponding burn has not yet taken place
Connecting Cash to the Internet Using Stablecoins
11.9.2019
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across...
Binance Futures Daily Trading Volume Over $150M in Invite-Only Mode
11.9.2019
24-hour volume of Binance’s futures has exceeded $150 million, despite being closed and invite-only at present
Facebook ‘May Omit’ Yuan from Libra Reserve, Tether’s CNH-pegged Coin
10.9.2019
Facebook seems unlikely to include the Chinese yuan in the basket of fiat currencies that will underpin its forthcoming Libra token.
The company outlined its stance in a written response to “concerns” voiced by American Senator Mark Warner, who believes China may “push” the Libra Association...
Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan
9.9.2019
Tether announced that is launching a new stablecoin pegged to the offshore Chinese yuan
Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum Blockchain
9.9.2019
Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token
Tether Price Comes Under The Selling Pressure and Deals with Loss
9.9.2019
Tether (USDT) deals with the bear. Intraday trading might not give positive results to investors. Tether (USDT) has started the day with a positive digit. The market is also opened with the same trend but, eventually came under selling pressure. Tether (USDT) is expected to behave the same. The...
Bullish Trend in the Crypto is Continued, Tether All Set to Launch Chinese Version of Stable Coin
8.9.2019
According to reports, Tether Holdings, the firm that issues Tether, is planning to launch a Chinese version of the stable coin called CNHT. Amidst the shoot up in demands in recent months, especially from China, the firm has decided to do so. Additionally, Tether Holdings has also set to launch...
Tether Announces Its Future Plans to Launch Two New Stablecoins for Users
6.9.2019
Tether, the popular crypto-fiat hybrid stablecoin firm, is planning to come in the limelight of the financial sphere, with the launch of two new crypto assets. According to the news, one coin of the controversial crypto firm will be secured with precious and lucrative commodities like gold...
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
Binance Launches 2 Futures Platforms for Public Testing
2.9.2019
Binance launched two futures testnet platforms, inviting users to participate in a trading competition with $216,000 to be won
Bitcoin.com’s Premier Cryptocurrency Exchange Is Now Live
2.9.2019
We’ve just launched our premier trading platform exchange.Bitcoin.com and registered users can access it right now. Since we announced pre-registration last month, over 10,000 accounts have signed up with our exchange and the platform is ready to provide a world-class trading experience...
Binance Lending Offers New Channel For Growing Crypto Portfolio Apart From Trading
1.9.2019
As per the recent announcement on 26th August, holders of BNB (Binance Coin), ETC (Ethereum Classic) and Tether (USDT) will be allowed to lend their resources and acquire interest through Binance’s new servicing called Binance Lending. In Chinese, we called this feature Binance Earn,...
Tether Plans to Launch CNHT, An Offshore Stablecoin in China
31.8.2019
Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT. After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Why Tether Volume Surged to All-Time Highs in August
30.8.2019
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets
ERC20 Tether Transactions Flip Their Omni Equivalent
29.8.2019
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....
Tether Paid USD 267K in Ethereum Fees Last Month
27.8.2019
The most popular stablecoin, Tether is the largest payer of gas fees on the Ethereum blockchain, followed by a reported scam, then a cryptocurrency outside the Top 100 coins and is even larger than a major decentralized exchange, according to the ethgasstation.info data.
In the past 30 days, Tether...
Binance Ventures into Crypto Lending to Attract Customer Deposits with 15% Annual Interest
27.8.2019
Binance ventures into the lending sector to attract customer deposits The new proposal is named as Binance Lending Beginning from 27th August, the annualized borrow margin loan fee will increase for ETC from 7.3% to 14.6% The world’s biggest cryptocurrency exchange, Binance has launched...