Onchain Stablecoin Transactions Remain Low Despite Surge in Trade Volume

Stablecoins See Few On-Chain Transactions Despite Recent Surge in Exchange VolumeDespite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume, a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens. Also Read: Swiss Stock Exchange Launches Trading for ETH ETP DAI Sees Significant Onchain Usage Of the established stablecoins, DAI has recorded the largest […]

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China Updates Crypto Ranking, Downgrades BTC Further

China Updates Crypto Ranking, Downgrades BTC FurtherChina’s Center for Information Industry Development has updated its ranking of 33 crypto projects, evaluated in three separate categories as well as overall. BTC has been downgraded further since the center’s previous update while EOS and Ethereum still top the overall ranking. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Ranking The China […]

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Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand

Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining DemandWith demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […]

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Markets Update: Volume Rankings Report for May 2018 – EOS Dominates Leading Exchanges

Markets Update: Volume Rankings Report for May 2018 - EOS Dominates Leading ExchangesMay witnessed sustained bearish action in the cryptocurrency markets, with many markets giving back most of the gains made during April. When looking at trade volume, we can see that BTC was by far the most traded cryptocurrency, followed by Tether and Ethereum. EOS also saw significant action, rising to become the fourth most traded […]

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US Court Shuts Down Promoters of Three Deceptive Crypto Schemes

US Court Shuts Down Promoters of Three Deceptive Crypto SchemesA U.S. federal court has placed a restraining order on and frozen the assets of four alleged promoters of deceptive schemes involving cryptocurrencies at the request of the country’s Federal Trade Commission. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies US Court’s Order The U.S. Federal Trade Commission (FTC) announced on Friday […]

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Japan’s Largest Consumer Electronics Chain Trials Bitcoin Payments

Japan's Largest Consumer Electronics Chain Trials Bitcoin PaymentsJapan’s largest consumer electronics retailer Yamada Denki has partnered with the country’s largest cryptocurrency exchange Bitflyer to trial bitcoin payments. Initially, bitcoin will be accepted at two of Yamada Denki Labi stores in Tokyo, but the company plans to roll out the digital currency payment option nationwide in the future. Also read: Japan’s DMM Bitcoin Exchange […]

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