sponsored A decentralized crypto lending platform says it has unveiled new features designed to make it easier to access liquidity without sacrificing their portfolio. A decentralized peer-to-peer network says it is well placed to cater to the growing demand for crypto lending, and has unveiled new tool that allows users to borrow USD-backed stablecoins against […]
Continue Reading
The top 20 cryptocurrencies are reporting mixed movements on the day as Bitcoin stays near $4,100. Saturday, March 30 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) stays near $4,100. Market visualization courtesy of Coin360 Bitcoin has seen nearly no price movement on the day, […]
Continue Reading
Experts said that the Ethereum network is losing ground to other projects like EOS, Tron and Stellar. The Ethereum network is losing ground as developers switch to other projects, various experts told Bloomberg on March 28. Ethereum, which debuted in 2015, initially provided a platform on which developers could build decentralized apps (DApps), conduct initial […]
Continue Reading
Nornickel is reportedly exploring tokenizing palladium in addition to constructing various digital platforms. Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, Bloomberg reported on March 27. Potanin — who is CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC (Nornickel) — plans to deploy […]
Continue ReadingResearch had suggested 95 percent of exchanges’ volumes listed on the site were fake. Cryptocurrency market data resource CoinMarketCap (CMC) has promised to rearrange how it ranks member exchanges after research found overwhelming evidence of fake volume. The company confirmed the upcoming changes on social media on March 25. CMC is arguably the industry’s best-known […]
Continue ReadingTerry Duffy, CEO of CME Group, says that Bitcoin’s finite amount is a challenge for regulators Terry Duffy, CEO of leading United States derivative market CME Group, told Business Insider Monday, March 25, that Bitcoin’s finite amount is a challenge for regulators. According to Duffy, the inability to run Bitcoin (BTC) on a deficit is […]
Continue ReadingChanges to Tether’s website have raised fresh concerns about the companies reserve policy. Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs up tokens in supply. As reported on March 14, various online users noted and posted disconcerting changes to the Tether website, which […]
Continue ReadingThe QuadrigaCX story gets stranger as the criminal past of one founder is allegedly revealed, while IBM gets more into blockchain. Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will […]
Continue ReadingBitcoin critic and general manager at the Bank for International Settlements advised against the issuance of CBDCs. Bitcoin (BTC) critic and general manager at the Bank for International Settlements (BIS) Agustin Carstens advised against the issuance of central bank digital currencies (CBDCs) in a speech in Dublin on March 22. Bloomberg reported on the speech […]
Continue Reading
Crypto lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts. Crypto wealth management and lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts, according to an official blog post on March 22. BlockFi launched the BlockFi Interest Accounts (BIA), cryptocurrency accounts supporting Ethereum (ETH) and […]
Continue Reading