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Bitcoin shatters ‘digital gold’ narrative with new independent trading pattern
Quick Take In a striking shift from established patterns, Bitcoin’s correlation with both Ethereum and Gold has significantly decreased in the past 90 days. Historically, Bitcoin has, at times, mirrored the performance of major assets like US equities, trading one-to-one in the post-Covid era. дальше »
2023-8-11 19:00 | |
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Stablecoin bill: expert reaction varies from ‘benefit the digital token economy’ to ‘stifle innovation’
Stablecoin regulation in the US could require stablecoin providers to maintain reserves that would back their coin on “at least one-to-one basis. ” While major stablecoin entities like Tether (USDT) and USD Coin (USDC) already abide by this guideline, those that don’t risk a $1 million fee or up to five years in prison. дальше »
2023-4-20 20:11 | |
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Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
Venezuela is endowed with natural resources that its state-backed cryptocurrency, the Petro, is pegged one-to-one with a barrel of oil. Surprisingly, oil is scarce. Often, citizens scramble to fill up their car tanks after queuing for days. дальше »
2020-6-3 18:00 | |
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Pornhub adds support for Tether following PayPal’s ban last year
Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year. Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4. дальше »
2020-1-23 19:06 | |
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CULedger unveils EFT payment solution built on R3’s Corda blockchain
CULedger, a credit union service organization (CUSO) that focuses on delivering a network of one-to-one financial exchange for credit unions, has now unveiled a viable proof-of-concept version of CUPay, a secure electronic funds transfer (EFT) payment solution that is built on R3’s Corda blockchain platform. дальше »
2019-12-6 22:45 | |
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Former Circle Head: Tether Didn’t Manipulate Bitcoin Price, 2017 Rally Was Legit
Former Circle Head, Dan Matuszewski, now co-founder of trading firm, CMS Holdings, discusses Tether. In particular, why Tether was not the primary driving force behind 2017’s bitcoin bull run, and a declaration that Tether is one-to-one dollar-backed. дальше »
2019-12-4 14:59 | |
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Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex
A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U. S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. дальше »
2019-10-9 01:40 | |
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Tether (USDT) Launches Digital Yuan Before PBoC
Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency. Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. дальше »
2019-9-10 00:15 | |
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Binance Issues Report On PBoC's Digital Currency
A research report from crypto exchange Binance has claimed that the digital currency being developed by the People's Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system. дальше »
2019-8-30 23:45 | |
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TrustToken Inc. Launches Hong Kong Dollar-Pegged Stablecoin TrueHKD
TrustToken Inc. , the company behind the TrueUSD (TUSD) stablecoin has launched a new digital token pegged one-to-one with the Hong Kong dollar, reports Crowdfund Insider, June 24, 2019. TrustToken Enters the Asian Waters In a bid to tap into the lucrative Asian digital currencies space, TrustToken has launched the world’s first digital token pegged toRead MoreRead More. дальше »
2019-6-25 19:00 | |
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Carbon is the first fiat-backed stablecoin to launch on TRON
TRON partnered with Carbon, a New York City-based startup, to launch the first fiat-backed stablecoin on the network. TRON announced that Carbon’s “TRXD” would be the first stablecoin to launch on the TRON blockchain. дальше »
2019-6-23 04:20 | |
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CODEX crypto exchange lists StableUSD (USDS) and TrueUSD (TUSD)
CODEX crypto exchange lists StableUSD (USDS) and TrueUSD (TUSD) - CryptoNinjas CODEX, a crypto exchange based out of Estonia, today announced that after recent negotiation with the team of Stably, they have decided to list StableUSD (USDS). дальше »
2019-6-20 00:02 | |
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Bitcoin price surges past $5,600 to set new 2019 high
Bitcoin‘s price has pushed past $5,600 to set a new 2019-high for the third time in less than a month. The rally comes despite recent confirmation that the world’s most popular stablecoin, Tether, is not completely backed “one-to-one” with cash. дальше »
2019-5-3 11:31 | |
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Tether and Bitfinex confirm USDT is not fully backed by fiat, only 74% of tethers backed with cash
Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars. Court documents confirm tethers are only 74 percent backed, and those holding tokens are “subject to the risk of default, insolvency, inability to collect, and illiquidity. дальше »
2019-5-1 02:56 | |
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Tether’s Lack of Fiat Backing Could be Catastrophic for Bitcoin, Analyzing USDT’s Troubling Terms of Service
Tether, the market-leading stablecoin in both market capitalization and controversy, made changes to its legal terms of service that indicate that USDT is not fully backed one-to-one by US dollar reserves. дальше »
2019-3-26 10:42 | |
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Festive spirit on Stellar (XLM) platform marked with airdrops
Keeping up with the festive spirit of the holiday season, XLM-based financial services platform Stronghold airdropped 100,000 SHX tokens to its users. Stronghold is a financial services platform that enables payments, trading, and USD reserves using their products like Stronghold USD and their platform APIs. дальше »
2018-12-27 22:53 | |
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Tether’s Billion Dollar Reserves May Not Equate to ‘One-to-One Backing’ or ‘No Misconduct’
Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct. дальше »
2018-12-20 11:34 | |
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Unknown Vendor Creates a One-to-One Fake Copy of Trezor One
Imposter copies of the popular Bitcoin and cryptocurrency wallet Trezor One have purportedly been spotted on the market. The company makes it clear how to spot the fakes from the originals. Trezor One Clones on the Market An identical copy of the Trezor One has been spotted on the market — a non-genuine device which mimics the original in its entirety. дальше »
2018-11-21 14:00 | |
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SatoshiLabs warns Trezor One users about non-genuine devices
SatoshiLabs, the creator of cryptocurrency hardware wallet TREZOR, writes in its blog post that in recent weeks, they have discovered a one-to-one copy of Trezor One. In other words, a fake Trezor device, manufactured by a different, unknown vendor. дальше »
2018-11-20 20:33 | |
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Binance Distributes Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV) Coins
In an announcement earlier today, the popular cryptocurrency exchange of Binance announced that it had distributed the resulting coins of the Bitcoin Cash (BCH) hard-fork that took place yesterday, November 15th. дальше »
2018-11-16 12:31 | |
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BitGo Launches Ethereum-based “Wrapped Bitcoin” for Providing Liquidity to dApps and DEXs
On October 26, 2018, crypto-finance company BitGo announced the launch of Wrapped Bitcoin (WBTC), an ERC20-compliant token built on the Ethereum blockchain and collateralized on a one-to-one basis with bitcoin. дальше »
2018-10-29 10:00 | |
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A New Token Is Coming To Ethereum – And It's Fully Bitcoin-Backed
A new ethereum token is being created and it holds a one-to-one peg with bitcoin. дальше »
2018-10-27 18:00 | |
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Paxos Standard (PAX) Stablecoin Issues $50 Million Worth Of Coins Since Launching
Paxos Standard (PAX) Stablecoin Has Pumped About $50 Million Worth Of Crypto Since Its Launch Paxos Standard (PAX) is an Ethereum based (ERC-20) token that is backed one-to-one by USD deposits and available through Paxos. дальше »
2018-10-16 19:27 | |
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OKEx Lists Four New Stablecoins
Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform. дальше »
2018-10-16 22:42 | |
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CarbonUSD Among 3 Stablecoins Launched This Week
It’s a busy week for believers of stablecoins. Carbon launched on Wednesday the third stablecoin making its debut this week — joining Gemini dollar and Paxos. On Sept. 10, Gemini and Paxos were approved by New York State Department of Financial Services (NYDFS) as regulated stablecoins, a move widely-hailed by fintech enthusiasts. дальше »
2018-9-13 15:30 | |
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IBM’s latest new Stablecoin development, strong dollar
And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be backed one-to-one by fiat US dollars held at the company’s partner bank, Prime Trust. дальше »
2018-7-18 14:15 | |
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U. дальше »
2018-7-18 22:00 | |
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IBM Partners with Stronghold to Create Stablecoin for Cryptocurrency Ecosystem
On July 17, 2018, global payment and trading platform Stronghold announced the launch of their stablecoin “Stronghold USD. ” The cryptocurrency will be built on Stellar Lumens’ (XLM) blockchain and will offer a one-to-one ratio with the U. дальше »
2018-7-17 19:30 | |
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Technology Company to Launch Stablecoin Backed by Taiwanese Dollar
Taiwan-based technology company Green World Fintech Service announced that it is set to launch Taiwanese Dollar-backed stablecoin dubbed Taiwan Digital Token (TWDT). The stablecoin will be based on the Ethereum blockchain network. дальше »
2018-7-14 23:00 | |
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