Hybrid stablecoins such as Facebook’s Libra could lose benefits offered by centralized, decentralized assets

2019-8-23 19:30

One of the main drawbacks associated with the cryptocurrency market is its highly volatile price activity. The volatility was and still is, considered a major hindrance when it comes to the mass adoption of virtual assets.

The introduction of stablecoins was meant to tackle this associated crypto-volatility. However, not all stablecoins operate the same way […]

The post Hybrid stablecoins such as Facebook’s Libra could lose benefits offered by centralized, decentralized assets appeared first on AMBCrypto.

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Binance Jumps into the Astrological Waters of Stablecoin With its New Project Dubbed “Venus”

Binance, the world's largest cryptocurrency exchange has announced a new project dubbed “Venus” that will develop digital assets pegged to fiat currencies around the world aka stablecoins. This stablecoin initiative of the exchange will see the firm utilizing its proprietary Binance Chain network— that uses “distributed proof of stake” consensus model” — and international payment […]

2019-8-19 16:19


Binance to launch a blockchain for fiat-backed stablecoins, but who even cares?

Cryptocurrency exchange Binance has been announced launch of a new blockchain and it’s called project “Venus. ” I’m not sure why it chose that name because Venus has no moons. Sad. In an announcement published this morning, Binance described Venus as an “initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.

2019-8-19 15:16


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eToroX Announces The Addition Of 120 ERC-20 Tokens To Its Multi-Crypto On-Chain Wallet

New tokens include two eToro stablecoins eToroX, the blockchain subsidiary of global investment platform eToro, today announces it will add 120 ERC-20 tokens to its multi-crypto on-chain wallet.  The first 5 of the 120 tokens added to the wallet today are 3 crypto assets: Maker (MKR), Basic Attention Token (BAT), OmiseGO (OMG) and two eToro […] The post eToroX Announces The Addition Of 120 ERC-20 Tokens To Its Multi-Crypto On-Chain Wallet appeared first on ZyCrypto.

2019-7-2 15:24


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eToro adds 5 Ethereum tokens to its cryptocurrency wallet – plans to add 115 more

 eToroX, the specialized blockchain division of social trading platform eToro, has announced the launch of the first five of 120 ERC-20 tokens that will be added to its on-chain wallet.   ERC-20 tokens are designed and used solely on the Ethereum platform and can be shared, exchanged for other tokens, or transferred to a cryptocurrency wallet.

2019-7-2 14:27


Diar Report Shows Stablecoins Trading Volumes Reach New Record, Over $4 Billion On The Blockchain

Report Shows Stablecoins Trading Volumes Hit New Record Stablecoins have just reached a new trading volume record. As the market is moving away from the bear market, enthusiasts and investors are entering the market and this can be reflected in the trading volume of digital assets, specifically stablecoins. This is according to a recently released […]

2019-5-22 00:36


SEC’s Valerie Szczepanik: Many Stablecoins Currently “Might Be Violating Various Securities Laws”

SEC’s Valerie Szczepanik Says There Are Many Stablecoins In The Market Currently That “Might Be Violating Various Securities laws” During her appearance at the ongoing SXSW conference in Austin, the SEC’s Senior Advisor for Digital Assets ‘Valerie Szczepanik’ went on record to state that there currently existed a number of stablecoin offerings that could potentially […]

2019-3-17 23:31


Exclusive Interview: Stablecoins – A Future Solution or Another Pathetic Attempt at Market Recovery? Evan Ropp, CEO of Coin360, Weighs in

The cryptomarket has always been volatile. Out of that market volatility, stablecoins have emerged. Stablecoins are cryptocurrencies backed by real assets, such as fiat, gold, and so on. However, they stayed in the background for quite a long time, only gaining popularity when the market fell drastically.

2019-2-11 21:31


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Crypto Garage and Blockstream Receive First Ever Regulatory Approval to Test Japanese Yen Stablecoin

Crypto Garage, a subsidiary of the Japanese IT company Digital Garage, Inc, announced on January 21, 2019, that it would test issuance of JPY stablecoins on their SETTLENET platform. The Stablecoin Euphoria Expands to Japan The blockchain fintech company will pilot a delivery versus payment settlement service between JPY tokens and digital assets in a project fully authorized under the.

2019-1-22 14:00


New Stablecoins War and Index Platforms Are Tracking Major Market Fiat-Pegged Crypto Assets

New and Upcoming Platforms Are Tracking Major Market Based Stablecoins Over the past few months of 2018, we have seen the inclusion of a large number of coins, more importantly, we see the arrival of challengers to the otherwise greater level of dominance to the otherwise leading stablecoin in the market. This, of course, would […]

2018-12-13 06:50