Category: Stablecoin

Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement

Maker's Stability Fee Drops to 5.5% After Multi-Collateral Dai AnnouncementAccording to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin Resource Guide for Educators Maker’s Multi-Collateral Dai Will Launch November 18 […]

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Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem

Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token EcosystemThe London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash (BCH) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens. Also read: Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq Purchasing SLP Tokens With […]

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Cred to Demo Global Merchant Solution at Blockchain Week Kick-Off

On Wednesday, October 30, Cred and the Universal Protocol Alliance will be hosting a live demonstration of a point-of-sale (PoS) device that enables purchases with cryptocurrency. Cred’s PoS financial operating system allows customers to utilize any crypto wallet for purchases at the PoS and will debut with bitcoin cash acceptance. Future versions of the Cred […]

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McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat

In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where users won’t need to exchange their cryptocurrencies for fiat. Crypto will […]

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104 Addresses Hold 70% of Tether, Research Reveals

104 Addresses Hold 70% of Tether, Research RevealsThe ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the […]

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Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies

Survey: Chinese Students Want Crypto Jobs, 8% Own CryptocurrenciesA poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in 12 students already owns digital coins. Also read: Ukraine […]

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Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market

Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates the Crypto MarketThe operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read: Zimbabwe Bans Popular Mobile Money Services From Paying out […]

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SLP Token Environment Built on Bitcoin Cash Continues to Expand

SLP Token Environment Built on Bitcoin Cash Continues to ExpandAccording to public data, a number of individuals are creating tokens using the Simple Ledger Protocol (SLP) on the Bitcoin Cash (BCH) blockchain every day. The SLP ecosystem is expanding and has given anyone the ability to create the next great digital token for tomorrow. Also read: Snowden: US Seizing My Book Revenue is ‘Good […]

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Crypto’s Forgotten Altcoins Re-Emerge: A Look at What’s Happening

Crypto's Forgotten Altcoins Re-Emerge: A Look at What's HappeningDuring the crypto bull market of 2017, everybody was happy. It wasn’t just the BTC maximalists, BCH enthusiasts, or proponents of ETH. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding high. Since that enchanted time, however, the diverse class of tokens known as altcoins has somehow […]

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Connecting Cash to the Internet Using Stablecoins

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 developed and emerging market countries since […]

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Stablecoins and Exchange Coins – What’s the Difference From the Ol’ Corporate Bond?

Stablecoins and Exchange Coins - What's the Difference From the Ol' Corporate Bond?A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native tokens across the crypto space. The near […]

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How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

How Coinbase Quietly Became the World’s Biggest Bitcoin BankOn August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong Protest Leader Hopes to […]

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P2P Crypto Lending Is on the Rise

P2P Crypto Lending Is on the RiseAs peer-to-peer cash, it only seems logical that cryptocurrency should be deployed for P2P lending. While that application has taken time to materialize, bitcoin and other crypto assets are now increasingly fulfilling that purpose. Across the BTC, BCH and ETH networks, credit is being supplied to ordinary citizens while bypassing its traditional gatekeepers, usurping the […]

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Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash

Honestnode Founder Discusses the First Stablecoin Built on Bitcoin CashOn June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week news.Bitcoin.com spoke with the founder of Honestnode, Jian […]

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Liquid Exchange Launches BCH/USDC Trading Pairs

Liquid Exchange Launches BCH/USDC Trading PairsThe global cryptocurrency trading platform Liquid has announced the release of its new BCH/USDC trading pairs allowing anyone to swap bitcoin cash for the popular stablecoin USDC. Moreover, Liquid users will soon be able to connect their accounts to Bitcoin.com’s new Bitcoin Cash Register app and receive USDC directly. Also read: A Complete A-Z of […]

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Facebook Is a Threat to Governments Not Crypto

The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to do with cryptocurrency and is in fact […]

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PR: WaykiChain CEO Gordon Gao Building a Win-Win Public Blockchain

WaykiChain CEO Gordon Gao Building a Win-Win Public BlockchainThis article feature quotes returned direct from inquiry to the company CEO Gordon Gao. WaykiChain(WICC) CEO Gordon Gao’s credentials are substantial and they include (according to his LinkedIn page) having previously worked as a ‘senior business associate’ at Alibaba.com. His portfolio also lists a tenure as ‘lead data scientist’ at Fishbowl Marketing which, on its website, front-lines the fact that it features clients as huge as Coca-Cola and the National Restaurant Association.

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Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash

Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin CashOn June 12, the cryptocurrency exchange Coinex announced the listing of a new Simple Ledger Protocol (SLP) token called honestcoin (USDH). The Honestcoin.io website details that the new token is a fully regulated stablecoin issued on the Bitcoin Cash network backed 1-to-1 for U.S. dollars. Also read: Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin […]

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New York Prosecutors Demand Transparency From Bitfinex and Tether

New York Prosecutors Demand Transparency from Bitfinex and TetherThe crypto community has been laser focused on the current dilemma between Bitfinex exchange and New York prosecutors over the loss of $900 million of co-mingled customer and corporate funds. After the craziness last week, the New York Attorney General’s (NYAG) office has now demanded that Bitfinex must show transparency by turning over documents tied […]

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Crypto Community Monitors Bitfinex Wallets and the Strange 6% BTC Premium

Crypto Community Monitors Bitfinex Wallets and the Strange 6% Premium on BTCWhether cryptocurrency enthusiasts believe the stablecoin controversy is worrisome or mere FUD, the news surrounding the $850 million of Bitfinex funds locked up has shaken the markets. Now, digital asset traders are closely monitoring the large premium on Bitfinex, where the price of BTC is trading for $300 more than on most spot markets. The […]

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PR: BitCash Offers Fiat Banking Tools and Stability

BitCash Offers Fiat Banking Tools and StabilityBitCash – a new cryptocurrency ecosystem developed by blockchain engineer and serial entrepreneur Christian Kassler – launched on 28 August 2018. Combining traditional fiat banking tools and stability in one, BitCash seeks to be the world’s most useable, and most used, cryptocurrency.

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Niall Ferguson Retracts Critical Appraisal of Crypto and DLT

Prominent British historian and author of ‘The Ascent of Money,’ Niall Ferguson, has retracted the pessimistic assertions that he had previously made with regards to the prospective utilities for Bitcoin and distributed ledger technology. The comments come one month after Ferguson was announced as an advisor to the stablecoin Ampleforth. Also Read: How to Use […]

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Universal Protocol Alliance Launches Interest-Paying Stablecoin UPUSD

A consortium of blockchain companies including Bittrex International, Brave, Cred, and Bitgo is launching a new stablecoin. Universal Protocol Alliance’s Universal Dollar (UPUSD) is a dollar-pegged token whose holders will earn interest, just like a regular savings account. The consortium has announced ambitious plans to launch UPUSD in Africa and Latin America first, to attract […]

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