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The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP tokens have seen a myriad of applications built around them and a slew of unique tokens have gained real-world value after being listed on exchanges. Now the cryptocurrency automatic teller machine […]
The post General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens appeared first on Bitcoin News.
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While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt […]
The post Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin appeared first on Bitcoin News.
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Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Libra Project […]
The post Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations appeared first on Bitcoin News.
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Alongside stablecoins and token-based fundraising, the EU parliament asserts that Bitcoin mining poses a money laundering risk
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Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.” Also read: 5% Over […]
The post Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments appeared first on Bitcoin News.
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Cointelegraph takes deep dive into the tokenization industry to find out more about its inner workings, key players and future challenges
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While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over […]
The post Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs appeared first on Bitcoin News.
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Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have […]
The post Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K appeared first on Bitcoin News.
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On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest financial measure ever enacted by Congress […]
The post $2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American appeared first on Bitcoin News.
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As DeFi continues to evolve, billionaire Tim Draper seizes the opportunity and backs a new DAO
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