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Sunday, January 20, 2019

Significant Growth in Adoption For Stablecoins In Recent Months

According to an analysis by research firm Diar published on December 10 2018, the adoption of stablecoins is growing based on the increasing number of on-chain transactions. The...

Venezuela Raises Price of Petro Token by 1.5 Times. Vicious Domestic Inflation Continues.

Venezuela continues to face vicious inflation. According to the Latin American TV channel TeleSur, President Maduro has raised the oil exchange rate on Thursday...

Bitfinex and Ethfinex Adding 4 More Stablecoins to Platform

The cryptocurrency exchange Bitfinex, and its Ethfinex trading platform, Ethfinex, announced earlier that it will place four types of stable currency linked to the...

Cryptocurrency Market Plunges, Bitcoin Hit a New Low Since Late 2017

The Bitcoin Cash (BCH) hard fork continue to affect market confidence, and prices have fallen by nearly 40%. The overall cryptocurrency market was also not...

Binance Set to Support USDC Trading

Binance, one of the most popular digital currency exchanges, has announced that it will be adding the fiat-collateralized stablecoin USD Coin (USDC) to its trading...

South Korean Crypto Exchange Zeniex Shuts Down Amidst Crackdowns

Zeniex, a Korean crypto exchange that has only been in operation for six months, notified the public that it was shutting down its official website...

Tether Announces Banking Partner in the Bahamas

Tether Limited, the issuer of Tether (USDT) released a statement yesterday (November 1), announcing that it has partnered with the Bahamas-based Deltec Bank &...

Venezuela Officially Launches Sale of Petro Coin for Fiat and Crypto

Venezuela's controversial state-owned cryptocurrency the Petro is now available for purchase for fiat and crypto, Venezuelan Economy Department made the announcement on Twitter Monday, October 29. https://twitter.com/ViceEconomia/status/1056930786379739137 According...

Bakkt Will Offer Bitcoin Futures in December

Bakkt, a cryptocurrency trading platform established by the US Intercontinental Exchange (ICE), will be launched on December 12 and is still awaiting regulatory approval. The platform issued a notice yesterday...

Bitfinex Sends 630 Million Tether (USDT) To Cold Storage

Leading digital asset exchange, Bitfinex, has reportedly been sending huge amounts of Tether (USDT) tokens to cold storage vaults. This has raised even more...