Coinbase recently made what it claims is the biggest cryptocurrency transfer on record, moving about $5 billion. Major cryptocurrency exchange and wallet Coinbase recently made what it claims is the largest transfer of crypto on record, a company blog post reports Dec. 19. According to the post, 5 percent of all Bitcoin (BTC), 8 percent […]
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Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin for the second time. Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin (USDC) for the second time, according to a company blog post Dec. 18. USD Coin — an ECR20 token first announced this May […]
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Blockchain development firm Blockstream partners with startup from Switerland’s Crypto Valley to offer its sidechain to financial institutions. Global blockchain company Blockstream has partnered with а Swiss crypto consulting firm to launch a blockchain-driven settlement network, according to a press-release Dec. 17. Inacta AG and Blockstream have reportedly recently signed a Memorandum of Understanding (MoU) […]
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Major U.S. crypto wallet provider and exchange service Coinbase has launched an educational project that allows users to earn crypto as they learn about it. Major United States-based crypto wallet provider and exchange service Coinbase has launched an educational project that lets users earn cryptocurrency as they learn about it. The program, dubbed “Coinbase Earn,” […]
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Monero will feature tiny block rewards after the whole supply is mined, which will continue indefinitely. Miners have now extracted 90 percent of privacy-focused cryptocurrency Monero (XMR) and will net the remainder by May 2022, data from monitoring resource Monero Blocks confirmed Dec. 20. Monero — whose developers place anonymity and untethered usage of coins […]
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Western Union claims company is technologically “ready to adopt any kind of currency,” including crypto. The president of Western Union Global Money Transfer has claimed the company is “ready to adopt any kind of currency,” potentially including cryptocurrencies, in an interview with Reuters Plus, Dec. 17. Odilon Almeida stated there is no big difference between […]
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Getting covered by insurers is a major issue for crypto players “despite their best efforts,” Big Four auditor PwC has said. Cryptocurrency businesses find it “almost impossible” to get insurance and this is deterring investors, Big Four auditor PricewaterhouseCoopers (PwC) told Reuters Dec. 20. In comments focusing on the global fintech market, Henri Arslanian — […]
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sponsored A Sydney-based startup has launched a crypto card which can be used at ATMs and payment terminals across Australia. Finding easy ways to spend cryptocurrency can be nothing short of a nightmare — and even when you discover a platform where your digital assets can be used for purchasing everyday goods and services, you’re […]
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Major cryptocurrency exchange OKEx has launched a new crypto derivative product called “Perpetual Swap.” Malta-based major cryptocurrency exchange OKEx has launched a new crypto derivative product, according to a press release shared with Cointelegraph, Dec.19. As Cointelegraph reported at the beginning of the month, the new product, dubbed Perpetual Swap, is a virtual derivative that […]
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Crypto markets are seeing their fifth day of green, with Bitcoin breaking back above $4,000. Thursday, Dec. 20 — crypto markets are seeing their fifth day of green, with virtually all of the top 20 cryptocurrencies showing a strong burst of growth, as data from Coin360 shows. Market visualization by Coin360 In terms of 24-hour […]
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