Cryptocurrency exchanges in Brazil will purportedly be among the first platforms to offer a stablecoin pegged one-to-one with the Brazilian real. Brazilian cryptocurrency exchanges are rolling out support for a stablecoin, according to a report by Cointelegraph Brasil on June 26. Brazilian platforms including PagCripto, Nox Trading, 3xBit, and Bitcambio, are reportedly slated to be […]
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Most of the top 20 cryptocurrencies are reporting significant losses on the day as Bitcoin falls under the $10,800 mark again. Monday, June 17 — most of the top 20 cryptocurrencies are reporting significant losses on the day by press time, as Bitcoin (BTC) falls under the $10,800 mark again. Market visualization courtesy of Coin360 […]
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New York-based Gemini exchange adds a Chicago office in a move to extend engineering expertise for the platform. Winklevoss brothers-led Gemini crypto exchange is launching a new office in Chicago, the firm officially announced on June 27. Headquartered in New York, Gemini adds its new Chicago office to their existing office in Portland, Oregon, Gemini […]
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Blockchain interoperability protocol Polkadot has reportedly distributed 500,000 DOT tokens. Blockchain interoperability protocol Polkadot has distributed 500,000 DOT tokens at a price that is unknown, but purportedly in keeping with the firm’s $1.2 billion valuation, technology-focused news outlet The Block reported on June 27. Polkadot’s managing partner Web3 Foundation (W3F) reportedly told The Block that […]
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Regulation technology startup Coinfirm will investigate how cryptocurrency XRP is being used. Regulation technology startup Coinfirm will investigate how cryptocurrency Ripple (XRP) is being used, Forbes reported on June 26. San Francisco-based tech startup Ripple, which is largely behind XRP, has signed an agreement with Coinfirm, wherein the latter will explore XRP’s compliance with anti-money […]
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European Union banks may have an instantaneous payments system in place by 2020. European Union banks could have an instantaneous payments system in place by 2020, Reuters reports on June 26. Per the report, real-time payments have been possible in the eurozone since 2017, but only about half of the banks in the bloc adhered […]
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A new survey by U.K-based crypto exchange CEX.io has revealed that 27% of surveyed U.K. citizens hope to see cryptocurrencies in “real-world applications.” 27% of surveyed United Kingdom citizens hope to see cryptocurrencies in “real-world applications,” according to recent research by U.K.-based crypto exchange CEX.io, technology news outlet BTCManager reported on June 27. CEX.io provided […]
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tZero, crypto arm of American retail giant Overstock, has launched a mobile digital wallet and exchange app for crypto. tZero, United States retail giant Overstock’s crypto subsidiary, has launched a digital wallet and exchange app for crypto, the company officially announced in a tweet on June 27. The firm calls its new mobile crypto app […]
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The story QuadrigaCX founder, who allegedly stole almost $200 million from clients and then reportedly died. Another scam possibly revealed. The crypto community has recently been actively discussing the fate of QuadrigaCX’s 30-year-old founder, Gerald Cotten, who reportedly died in India from a fatal disease in December 2018. However, before the apparent passing, he took […]
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Fundstrat Global Advisers Co-Founder Thomas Lee suggested that bitcoin’s volatility makes a long-term approach more appropriate for most traders. Fundstrat Global Advisers Co-Founder Thomas Lee suggested that bitcoin’s (BTC) volatility makes a long-term approach towards it more appropriate for most traders in a tweet published on June 27. In his tweet, Lee intended to remind […]
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