From Blanket Ban to Its Own Stablecoin: How Facebook’s Relationship With Crypto Changed Over 2018

Facebook is now making a stablecoin for WhatsApp, reports suggest. On Dec. 20, Bloomberg reported that Facebook is making a stablecoin for WhatsApp users. The cryptocurrency will reportedly be used for money transfers made within the messaging app and will focus on the Indian market. The move provides a curious juxtaposition for the social media […]

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Third-Largest Crypto Exchange Huobi’s Derivative Market Now Includes EOS

The Huobi Derivative Market has added EOS contracts, which allows traders to take both long and short positions on the cryptocurrency. Cryptocurrency exchange Huobi’s derivative market now supports altcoin EOS, according to an official press release shared with Cointelegraph on Dec. 28. Huobi is currently the third-ranked cryptocurrency exchange by adjusted volume on CoinMarketCap, with […]

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National Bank of Kuwait Launches Ripple-Based Cross-Border Payments Product

The National Bank of Kuwait has launched a remittance product for cross-border live payments based on RippleNet’s blockchain technology. The National Bank of Kuwait (NBK) has launched a cross-border remittance product based on RippleNet’s blockchain technology, according to an announcement published Dec. 27. Established in 1952, the NBK is the largest financial institution in terms […]

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WSJ: Hundreds of Crypto Projects Show Signs of Plagiarism, Fraud and Improbable Returns

A recent study by the WSJ has revealed that hundreds of crypto offerings showed signs of fraudulent activity, improbable returns and plagiarism. Recent research by the Wall Street Journal published Dec. 27 revealed that hundreds of cryptocurrency offerings showed signs of fraudulent activity, improbable returns and plagiarism. In the course of its research, the WSJ […]

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