Binance launched its own stablecoin project, but faces stiff competition from Libra and the Chinese government in its quest… Within the past 12 months, stablecoins have transformed from a niche idea to tackle the issues of a volatile market into methods of payment championed by some of the world’s biggest and most powerful tech companies. […]
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A California court has issued a summons to OPSkins Group and the Worldwide Asset eXchange in response to a complaint of fraud and unfair business practices. The United States District Court for the Central District of California has issued a summons to video-game virtual good company OPSkins Group and Worldwide Asset eXchange (WAX) in response […]
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Ukrainian nuclear power plant officials have been arrested for compromising security with a crypto mining setup at the facility. The Security Service of Ukraine (SBU) has arrested power plant operators for mining cryptocurrency in the Yuzhoukrainsk nuclear power plant facility. English-language Ukrainian news site UNIAN reported the details of the arrest on Aug. 21. According […]
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The U.S. Department of Treasury has sanctioned three alleged narcotics operators and their crypto addresses. The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, or the Kingpin Act. These addresses, and the individuals associated with them, have been […]
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The recovery in Bitcoin is faltering at higher levels. Does it look ready for a deeper correction? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research […]
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Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association. Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association. As local English language media outlet Taipei Times reported on Aug. […]
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The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds. Professional services firm Grant Thornton claims that it is progressing in securing and preserving the cryptocurrencies of hacked cryptocurrency exchange Cryptopia. In a press release published on Aug. 21, Cryptopia’s liquidator claims to “have made good progress towards […]
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The U.S. SEC has registered Securitize, a digital securities platform backed by crypto exchange Coinbase, as a transfer agent. The United States Securities and Exchange Commission (SEC) has registered Securitize, a digital securities platform backed by crypto exchange Coinbase, as a transfer agent, according to a press release published on Finextra on Aug. 21. Securitize […]
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Tether is reportedly planning a Chinese yuan-backed stablecoin to meet the growing demand for cryptocurrencies in the country. Stablecoin operator Tether plans to issue a Chinese yuan-backed stablecoin, local industry media ChainNews reports on Aug. 21. Tether to issue a renminbi-pegged stablecoin Bitfinex shareholder Zhao Dong informed the outlet that Tether — the stablecoin operator […]
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After failing to reclaim the $11,000 threshold on Monday, Bitcoin price has again dropped below $10,000. After failing to reclaim the $11,000 threshold yesterday, Bitcoin (BTC) price has dropped again to four figures. After the biggest cryptocurrency rapidly dropped $700 in minutes earlier today, the bearish movement continued as Bitcoin dipped below $10,000 price mark. […]
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