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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Blockchain Payments Firm Bitspark Releases Stablecoin Pegged to Philippine Peso
Bitspark will release a Philippine Peso backed stablecoin for money transfers dubbed “peg.PHP”
дальше »2019-4-25 12:14 | |
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Circle Releases Sixth Audit Report About its USDC Stablecoin Verifying Its US Dollar Reserves
Circle has recently released a new audit report related to its stablecoin USD Coin (USDC). The information was released by Circle in a blog post. The report signed by the auditing firm Grant Thornton shows that the firm has enough capital to back each USDC coin released to the market on a 1:1 basis. Circle […] дальше »
2019-4-18 14:51 | |
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Bitcoin [BTC], altcoins could jump by $3 billion through stablecoin injection; eToro’s Greenspan agrees
The concept of ‘stablecoin’ appears to be treading the fine line between virtual and fiat. Investors can enjoy the benefits of ubiquity and universality of payments, two core concepts of the cryptocurrency world, while still standing in firm opposition of them by being tethered to a sovereign currency. дальше »
2019-4-6 18:30 | |
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Coinsquare Launches Canada’s First CAD-Pegged Stablecoin
Coinsquare, Canada’s seminal cryptocurrency exchange has announced the launch of eCAD, the first stablecoin backed by the Canadian dollar. The firm strongly believes the non-volatile cryptoasset will foster mass adoption of blockchain-based digital assets in the region, according to a press release on April 4, 2019. дальше »
2019-4-6 01:00 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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CredEarn Offers Eight Percent Interest On Unused Crypto
Bond yields are falling, and savings accounts can barely keep up with inflation, but there are other ways to put your money to work. As crypto-finance continues to evolve, blockchain companies are providing new products with lucrative profits–and interest. дальше »
2019-3-26 15:00 | |
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Nollar Stablecoin Makes a Successful Debut with Independent Audit Firm Attestation
Stablecoins has been in vogue recently, which is hardly surprising as this variation of digital assets provides investors with a safe harbor in the rough seas of cryptocurrency markets.
дальше »2019-3-25 21:09 | |
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DiamondBack Stablecoin (DBK) Gets Inclusion On AlphaPoint Crypto Exchange Network
AlphaPoint Add Support For DiamondBack Stable Coin For Its Exchange Partners Alphapoint is well-known software solution provider which deals in providing asset digitization software as well as digital asset trading technology for licensed broker-dealers. дальше »
2019-3-19 21:10 | |
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Stablecoins Still Shakey, Diar Report Indicates
Tether, a crypto often in the limelight of controversy, is causing yet another stir in the stablecoin industry as its latest Terms-of-Service (ToS) update highlights “pan-stablecoin risks” according to the latest report from digital currency research firm Diar, March 18, 2019. дальше »
2019-3-20 21:00 | |
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Carbon Crypto Project, AZTEC Protocol Partner To Create A Privacy CUSD Stablecoin On Ethereum
Carbon Startup And AZTEC Protocol Sign Partnership To Create A Privacy Stablecoin On Ethereum The cryptocurrency startup Carbon has signed a partnership with AZTEC Protocol in order to create a new stablecoin on the Ethereum (ETH) network. дальше »
2019-3-16 02:25 | |
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Circle’s Pay App, Investing App, OTC Trading Desk And Poloniex Exchange Product Head Departs
Circle’s Head Of Product Divya Agarwalla After Working On It Less Than A Year According to a recent report released by Cheddar, Circle’s head of product, Divya Agarwalla, left the firm. The executive joined the firm back in January 2018 before launching the stablecoin USD Coin (USDC). дальше »
2019-3-14 02:11 | |
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Facebook Coin Could Bring $19 Billion Additional Revenue, Believes Barclays
CoinSpeaker Facebook Coin Could Bring $19 Billion Additional Revenue, Believes BarclaysOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out. дальше »
2019-3-12 11:50 | |
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Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s Why
CoinSpeaker Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s WhyOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out. дальше »
2019-3-12 11:50 | |
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The Marshall Islands Digital Currency to Go Live Later in 2019
Despite being criticized by several observers in the international community, including the International Monetary Fund (IMF ) and others, the government of the Marshall Islands remains focused on launching a cryptocurrency later in 2019. дальше »
2019-3-12 02:00 | |
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TrueUSD Will Add a New Functionality to View on Real-Time the Dollars Backing the Token
TrustToken, the company behind the TrueUSD (TUSD) stablecoin, decided to add a new feature that will allow traders to view the U. S. dollars backing the token in “real-time. ” In order to do so, the company has partnered with an accounting firm called Armanino. дальше »
2019-3-6 01:41 | |
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South Korea: Kakao Ventures Invests Undisclosed Sum in Stablecoin Project Terra
Terra, a blockchain-powered payments platform has received an undisclosed investment from South Korean venture capital firm Kakao Ventures, reports Crowdfund Insider, March 4, 2019. Kakao Goes All in on Terra Saying that South Korea has emerged as one of the global hotbeds for everything blockchain and crypto wouldn’t be a stretch by any means. дальше »
2019-3-5 21:00 | |
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Bitcoin Remains Stable as First Pension Funds Enter Crypto and JP Morgan Launches Stablecoin: BTCManager’s Week in Review February 18, 2019
The two biggest headlines of the week have been investment management firm Morgan Creek receiving pension fund money for its new digital asset fund and JP Morgan launching a blockchain-based stablecoin called JPM Coin. дальше »
2019-2-19 12:00 | |
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Circle’s Head of Partnerships Joins Blockchain Startup Celo
Chuck Kimble, who helped to launch the USD-pegged stablecoin USDC at crypto finance company Circle, has joined as head of strategic partnerships at blockchain firm Celo
дальше »2019-2-7 20:49 | |
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Tether-Linked Phil Potter to Open Stablecoin Clearinghouse ‘Stablehouse.io’ with XBTO Crypto Finance Firm
An executive named Phil Potter, which has already worked in high-profile crypto companies like Bitfinex and Tether before, as well as XBTO, has recently announced that he is launching a new clearinghouse for stablecoins in the crypto market, which will be called Stablehouse. дальше »
2019-2-5 22:15 | |
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Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse
Phillip Potter, co-founder of Tether (USDT) and former CSO of sister firm Bitfinex, has joined the advisory board of a new stablecoin clearing house project
дальше »2019-2-5 19:01 | |
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Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse
A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins. дальше »
2019-2-5 16:15 | |
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South Korea’s BxB Inc. Begins “First” Stablecoin ‘KRWb’ Launch to be Backed by the Korean Won
As regulations continue to evolve in South Korea, their decision to innovate has brought with them a new victory. Fintech firm BxB Inc. has officially launched the “first” stablecoin, which is directly pegged by the Korean won. дальше »
2019-1-31 17:37 | |
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South Korean Fintech Firm Launches ‘First’ Won-Backed Stablecoin
South Korean fintech firm BxB has launched a 1:1 won-backed stablecoin
дальше »2019-1-31 01:10 | |
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Fintech Firm Launches World’s First Hong Kong Dollar-Pegged Stablecoin
Bitspark, a firm that claims to be the world’s first bankless money transfer platform, has launched Sparkdex. HKD, the first stablecoin pegged to the Hong Kong Dollar (HKD). This is to encourage stablecoin diversification in other national currencies aside from the U. дальше »
2019-1-31 18:00 | |
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Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network
A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin. дальше »
2019-1-21 12:00 | |
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Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor’s Report
Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton. дальше »
2019-1-17 15:15 | |
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Ampleforth Stablecoin Completes Security Upgrades After Trail of Bits Audit
Ampleforth has announced that they have completed security upgrades following an audit by Trail of Bits. Ampleforth first underwent an audit by Chinese firm Slow Mist which showed no vulnerabilities. дальше »
2019-1-13 22:42 | |
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Goldman Sachs-Backed Circle Says It’s All-In On Crypto
Stablecoins are one of the safest bets in the crypto space. Compared to the rock star price movements we’re accustomed to with other cryptocurrencies, they might even be seen as a little boring. дальше »
2019-1-11 02:12 | |
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Lead investor in the project explains his view of Basis (Basecoin) shut down
Originally called Basecoin, Basis had secured $133 million in funding to build an algorithmic stablecoin. Its founder, Nader Al-Naji, frequently described the project using code to maintain price stability for its token in the same way the U. дальше »
2018-12-18 22:09 | |
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2019 Will Be a Big Year for Stablecoins
2019 is shaping up to be a pivotal year for innovation in the stablecoin sphere, writes the CEO of crypto trading firm XBTO. дальше »
2018-12-9 14:00 | |
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Tether Trying to Bounce Back to its Feet, Reopens Account Verification and Fiat Withdrawals
Tether (USDT), the world’s first unstable stablecoin has announced the reopening of account verification and redemption of USDT to fiat straight from its platform, according to a press release by Tether Ltd. дальше »
2018-11-29 12:00 | |
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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum
Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »
2018-11-28 01:21 | |
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Circle Has Enough USD Reserves to Fully Back Its USDC Stablecoin, Auditors Say
CoinSpeaker Circle Has Enough USD Reserves to Fully Back Its USDC Stablecoin, Auditors Say According to the first attestation report on Circle’s stablecoin, the firm’s USDC supply is fully backed by its dollar holdings. дальше »
2018-11-22 14:14 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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Paxos Standard Stablecoin Wins a Spot at BitPay on Its Way Towards Broader Usage
CoinSpeaker Paxos Standard Stablecoin Wins a Spot at BitPay on Its Way Towards Broader Usage Thanks to a newly established partnership with crypto startup Paxos, payments firm BitPay will allow its merchants to use PAX in settling transactions. дальше »
2018-11-21 15:25 | |
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Coinbase Custody Announces Support for Ripple’s XRP
As declared a month earlier [Oct 15th] by Coinbase Custody, it has officially added RippleLabs’ speedy coin XRP support for the custodian services. Also, the USDC stablecoin will hit next the guarding branch of the crypto-leading firm – according to a Medium blog post. дальше »
2018-11-17 06:05 | |
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Binance Will Support USDC Trading Starting November 17
Binance — one of the most popular digital currency exchanges across the globe — has announced that it will be adding the fiat-collateralized stablecoin USD Coin (USDC) to its trading platform on November 17, 2018. дальше »
2018-11-15 21:11 | |
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Trump’s attorney general once endorsed a ‘time travel’ cryptocurrency
Some very strange details have surfaced regarding Donald Trump’s newly appointed acting attorney general, Matthew Whitaker, and his involvement with a cryptocurrency for time travel. For years, Whitaker sat on the advisory board of World Patent Marketing, a marketing firm that has since been shut down by order of a federal judge, reports Mother Jones (via Cointelegraph). дальше »
2018-11-15 17:55 | |
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Betreasury Blockchain Company Launches BUSD Stablecoin With 100% Reserve Ratio
The popularity of stablecoins is growing in the world of crypto. One company that has turned to stablecoins is Betreasury- a blockchain firm that wants to develop an ecosystem for financial apps. After 3 years of research, it recently launched the BUSD stablecoin. дальше »
2018-11-15 17:18 | |
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Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors
Sharia-compliance finance is becoming a field of choice for several fintech companies as regulators and market participants in the Middle East seem keen on attracting new business. Now, Swiss-based cryptocurrency firm X8 has become the latest to acquire an Islamic finance certification. дальше »
2018-11-13 06:00 | |
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Shariyah Review Bureau Awards Certification to X8 AG for Ethereum-Based Stablecoin Crypto Token
X8 AG is a new Switzerland-based fintech firm, and they recently decided to pursue a path in cryptocurrency with an Ethereum-based stablecoin. They recently obtained certification from the Shariyah Review Bureau (SRB), according to a report on November 12th from Reuters U. дальше »
2018-11-12 21:30 | |
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Switzerland: Cryptocurrency Firm X8 AG Obtains Sharia Compliance Certificate
The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank. дальше »
2018-11-12 17:59 | |
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BitMart Exchange Announces USD Coin (USDC) Listing, a Goldman Sachs-Backed Stablecoin
In a press release, BitMart Exchange, a cryptocurrency trading platform, has listed a Goldman Sachs-backed stablecoin, USD Coin (USDC). Issued by Circle, a cryptocurrency firm, the dollar-pegged digital asset will allow BitMart to have a more open financial system. дальше »
2018-11-2 21:55 | |
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Damage Control: Tether Limited Announces Partnership With Bahamas-based Deltec Bank & Trust Limited
Tether Limited, the issuer of the Tether (USDT) stablecoin is in self-inflicted damage control mode. The firm announced on Nov. 1st that it was partnering with Deltec Bank & Trust Limited, confirming the rumors that have been going on for a while. дальше »
2018-11-2 16:59 | |
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