Stablecoin Adoption: DAI in a Visa Card, Tether Sees Use in E-Commerce
Stablecoin DAI is now spendable where Visa is accepted and Tether sees adoption in commerce Go to Source Powered by WPeMatico
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Market Update: Crypto Prices Hold Steady After Massive Bullish Spike
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days … Read more
Nearly 12% of All Tether Is Now on Tron After $100M Chain Swap
The number of USDT tokens on Tron increased by $100 million in just one day Go to Source Powered by WPeMatico
104 Addresses Hold 70% of Tether, Research Reveals
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the … Read more
80% of Crypto Trade Volume Tracked by Blockchain Surveillance
Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday, the firm Ciphertrace announced that it’s now tracking 700 cryptocurrencies providing “visibility into 87% of … Read more
How Severe Is Roche Freedman’s Lawsuit Against Tether and Bitfinex?
The latest lawsuit against Bitfinex and Tether highlights the need for better regulations across the stablecoin market Go to Source Powered by WPeMatico
Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex
A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them of creating the largest bubble … Read more
Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are … Read more
How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model
Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The following article … Read more
Bankera Launches a Global Crypto Backed Lending Solution
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to as high as 1M EUR. … Read more