OmiseGo Joins Crypto Coalition Universal Protocol Alliance
OmiseGo has become a member of Universal Protocol Alliance, a coalition of blockchain and crypto-focused firms Go to Source Powered by WPeMatico
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CoinFlex to Offer ‘Prediction Futures’ on Whether Libra Launches in 2020
A crypto derivatives exchange is launching physically-delivered futures contracts that will be settled based on whether Facebook’s Libra does or does not launch in 2020 Go to Source Powered by WPeMatico
Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read: Zimbabwe Bans Popular Mobile Money Services From Paying out … Read more
Fiat-Backed Stablecoins — Attempt to Take the Best of Both Worlds
Fiat backed stablecoins are here to stay, but what makes them so stable and desires? Here are a few examples Go to Source Powered by WPeMatico
Tether and Bitfinex Expect a Market Manipulation Lawsuit: Official
Tether and Bitfinex expect a lawsuit as they became aware of an unreleased paper alleging that USDT is involved in market manipulation Go to Source Powered by WPeMatico
US Response to Facebook’s Libra Is ‘Ridiculous,’ says Coinbase CEO
The U.S. government reacted to Facebook’s Libra “like they almost want to be left behind,” says Coinbase CEO Brian Armstrong Go to Source Powered by WPeMatico
Stablecoins Backed by Precious Metals — How Do They Work?
Gold and coins = stablecoins? Go to Source Powered by WPeMatico
European Commission Exec Questions Facebook’s Libra Stablecoin
EU antitrust regulator discusses possible impact from Libra’s launch Go to Source Powered by WPeMatico
Facebook Will Create ‘Shadow Banking’ System, Major U.S. Banks Warn
Facebook’s Libra will potentially create a “shadow banking” system, according to the banks at the Federal Advisory Council Go to Source Powered by WPeMatico
ESCB Mulls the Concept of Creating a Euro-backed Stablecoin
Banks and other financial institutions are well aware of cryptocurrencies and digital assets. So much even that the European System of Central Banks may create its own Euro-backed stablecoin fairly soon. Although these plans are not officially confirmed, a recent communication shows the plan is at least being considered. ECSB Takes Note of Digital Assets In … Read more