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The market capitalization of the stablecoin Tether (USDT) continues to rise, surpassing $ 15.4 billion this week. The supply of digital currency is growing even amid skepticism from many analysts who doubt Tether has reserves to meet its obligations to investors. Recently, the Weiss rating agency...
Twitter founder Jack Dorsey continues to point to the enormous potential of the largest digital currency. He has repeatedly praised Bitcoin and stressed that it is the only currency on the Internet. Dorsey recently reaffirmed his commitment not only to Bitcoin but also to blockchain technology. He...
Crypto exchange Bitfinex announced the launch of derivatives for stock indices, which are calculated in the stablecoin Tether. New derivatives - perpetual swaps on Europe 50 and Germany 30 - offer access to traditional equity markets. Europe 50 is the STOXX Europe 50 index, which covers 50 stocks...
Transactional activity on Ethereum has confidently started to increase this summer. The expansion of the DeFi decentralized finance market has become a central driver of the network's growth. Despite the fears of some skeptics, this ecosystem continues to evolve, attracting more and more users....
Analysts from the Weiss rating agency urged investors not to use the stablecoin Tether (USDT). They posted a tweet on Twitter and noted that the acquisition of this tool carries enormous risks. #Bitfinex's vaults are not publicly auditable and there have been many allegations that #USDT is not...
The Tron Foundation has partnered with custodian company BitGo to issue two new tokens - Wrapped Ether and Wrapped Bitcoin (WBTC). WBTC is going to be represented as a TRC20 token pegged to BTC 1:1. WBTC was the first token to make BTC cooperative with the Ethereum blockchain. There are currently...
The Optimism startup, which is developing a second-tier scaling solution for the Ethereum network called optimistic rollup, has launched a limited testnet. According to the developers, the process of launching the solution will be phased - an optimistic rollup will be integrated with a small group...
According to Steve Ehrlich, co-founder of Voyager Digital, investors continue to dive into bitcoin amid global economic uncertainty. The cryptocurrency confirms the status of a haven asset. Ehrlich said: "Bitcoin is extremely resilient, and as it spreads further, it proceeds to position itself...
There is no secret that the cryptocurrency market is quite the wild west. In 2017, 78% of the ICOs conducted have been identified as scams. In May 2018 the Bitcoin Gold blockchain suffered a 51% attack and lost more than $18 million. The attackers targeted several exchanges to extract the...
On Ethereum, transaction fees continue to rise due to network congestion. This trend the day before led to a record daily income of miners. After the start of the distribution of Uniswap tokens, the income of Ethereum miners reached $ 938,000 in just one hour. Analysts of the Glassnode platform...
According to the financier and author of the famous book "Rich Dad Poor Dad" Robert Kiyosaki, precious metals and bitcoin will collapse in value if a vaccine against COVID-19 appears in the world. The emergence of such a drug will create conditions under which investor interest in...
Uniswap unveiled its UNI token on September 16. The platform is going to issue 1 billion tokens over four years. 60% of this amount will be designated to community members, 21.51% - team members and future workers, 17.80% of it is going to be assigned to investors with a four-year transition...
Pickle Finance (PICKLE) is another food-themed token that surged from a low of $ 4.41 (September 12) to a high of $ 85.24 (September 14). Pickle Finance is being used for "profitable farming" and aims to "eliminate volatility in the four largest stablecoins in the DeFi market."...
Jihan Wu is again the authorized representative and CEO of Bitmain Technology, Bitmain's Beijing-based operations arm. Mikri Zhang, another co-founder of the organization who was removed by Wu last October but recovered authority earlier this year, is no more the legal representative and CEO. The...
Each exchange must create a database of traders to combat the illegal use of digital currencies. That is stated in a statement by the Financial Action Task Force on Money Laundering (FATF). This organization has repeatedly pointed out the need for detailed identification of cryptocurrency holders....
Of the popular TV presenters, not only Max Keiser is interested in bitcoin. There are at least two leading news outlets on CNBC that believe cryptocurrency has tremendous potential. That is Joe Kernen and Jim Kramer. The first one said last year that the May halving of bitcoin (reduction of the...
Amid the preparations for the ETH 2.0 update and the development of the DeFi market, Ethereum has the highest developer activity in the past seven months. That is stated in the report of the Santiment team. The researchers drew attention to the activation of the creators of services based on...
AirTM has been selected to distribute $18M to 62,000 healthcare specialists in Venezuela. The capitals that are associated with Venezuelan President Nicolas Maduro were seized by the US authorities. Venezuelan users have long formed a significant percentage of AirTM's customer base. The platform is...
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