Huobi sits in second place. Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi. Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the […]
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Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative […]
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Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. On March 24, Crypto.com announced the collaboration with crypto tax calculator CoinTracker, crypto […]
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Trading app Robinhood is trying to win back the trust of users affected by catastrophic technical outages earlier in March. Crypto and trading app Robinhood has begun taking action to reconcile with users affected by technical problems that sidelined them during the biggest one-day point gain in the history of the Dow Jones Industrial Average. […]
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Swiss crypto bank Sygnum has launched what it describes as the first CHF-backed stablecoin to be issued by a regulated financial institution. Pioneering Swiss crypto bank Sygnum unveiled a stablecoin pegged to the Swiss franc on March 20. Sygnum’s ‘DCHF’ “settlement token” is backed 1:1 by funds held with the Swiss National Bank. According to […]
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With many now working remotely, blockchain conferences have also been either postponed, canceled or moved online to avoid the coronavirus. The number of coronavirus cases worldwide is rapidly getting close to 400,000, with many industries and businesses affected around the world. The crypto market has been no exception. Bitcoin’s (BTC) price initially reacted with a […]
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The CFTC has released new guidelines of physical delivery of digital assets as it relates to trading. The U.S. Commodity Futures Trading Commission, or CFTC, has publicized clarity on physical digital asset delivery as it applies to traded market products. “The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive […]
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Forte Labs, a known partner of Ripple’s ecosystem project Xpring, has joined new big game developers like Hi-Rez Studios and Netmarble. Amid the increasing adoption of blockchain technology in the gaming industry, some of the world’s biggest game developers like South Korean Netmarble are partnering with blockchain gaming startup Forte Labs to streamline blockchain-powered game […]
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“Only fools are choosing Bitcoin” over gold, according to renowned gold proponent Peter Schiff. “Only fools are choosing Bitcoin” over gold, according to renowned gold proponent Peter Schiff. In a March 24 tweet, Schiff expressed his negative view of the intellectual capabilities of Bitcoin (BTC) investors. He wrote: “Only fools are choosing Bitcoin. So far […]
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Canadian messaging company Kik is following the SEC in seeking summary judgment in their dispute over Kik’s $100 million ICO in 2017. Canadian messenger firm Kik is seeking pre-trial summary judgment in its legal dispute with the United States Securities and Exchange Commission (SEC) over the company’s $100 million initial coin offering (ICO) in 2017. […]
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