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In this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to offer exchange and custodial solutions for financial institutions that handle digital assets. We also look at Bitfinex’s newly updated app for “on-the-go” traders. Also read: Security Startup Raises … Read more
Tether says it has “redeemed a significant amount” of USDT from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet, leaving just 446 million Go to Source Powered by WPeMatico
Crypto exchange Bitfinex hits back at a media report that accused it of publishing trading volume data from “a market that doesn’t exist” Go to Source Powered by WPeMatico
OCTOBER 22, 2018 — LOS ANGELES — Xsolla, which provides game developers with a comprehensive suite of flexible tools and services to help launch, monetize and scale their games globally, today started accepting made-for-gaming cryptocurrency — MobileGO (MGO) — for its PC and mobile games partners. For the first time ever, developers are able to … Read more
Bitfinex brought back fiat deposits, but users are still reporting delays in processing transactions. Do the rumors of the exchange’s insolvency have something to do with its suspended banking partner relations and the sale of USDT? Go to Source Powered by WPeMatico
Emma, a London-based startup firm specializing in money management services, has launched cryptocurrency exchange integration for its new app. The platform, which the company describes as a kind of “financial advocate” service, is designed to help millennials gain a better understanding of their finances. Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency Storage New … Read more
Differentiating truth from fiction isn’t always easy, especially in the realm of blockchain. We’ve got distributed ledger stories both real and fanciful in this edition of The Daily, as well as hardware wallet news, an update on bitcoin futures, and the obligatory smattering of stablecoin drama. Also read: Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance … Read more
Cointelegraph explores the history of stablecoin Tether, which is fighting to return to $1 per token Go to Source Powered by WPeMatico
Bitfinex has reportedly shifted its banking business to Hong Kong, with U.S.-based Citibank as the intermediary bank for U.S. dollar wire transfers Go to Source Powered by WPeMatico
Major crypto exchange Bitfinex has introduced an “improved” fiat deposit system after temporary deposit suspension last week Go to Source Powered by WPeMatico