Cryptocurrency exchange Bittrex has completed switching Tether from the OMNI-based implementation of the stablecoin to the ERC-20 one. American cryptocurrency exchange Bittrex has completed switching Tether (USDT) from the OMNI-based implementation of the stablecoin to the ERC-20 standard on the Ethereum network. Bittrex announced that USDT deposits and withdrawals are now open in a tweet […]
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Good or bad sign? The New York attorney general’s injunction against Bitfinex has been extended. The saga continues. Despite everything that’s been said about Tether and Bitfinex, defying all the scrutiny and suspicion, they continue to survive as a controversial pillar of the global crypto ecosystem. And in their ongoing legal battle with the New York State […]
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The CEO of crypto payments firm Circle, Jeremy Allaire, suggested that macroeconomic turmoil is responsible for Bitcoin’s recent growth. The CEO of crypto payments firm Circle, Jeremy Allaire, suggested that macroeconomic turmoil is responsible for Bitcoin’s (BTC) recent growth. During the interview with CNBC on Aug. 5, Allaire suggested that Bitcoin has become a safe […]
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South Korean fashion platform Sinsang Market has joined the ecosystem of the Terra Alliance, a stablecoin-focused association of large e-commerce companies. South Korean business-to-business fashion platform Sinsang Market has joined the Terra Alliance ecosystem, a stablecoin-focused association of large e-commerce companies. As South Korean economics-oriented newspaper EconoNews reported on Aug. 3, the partnership between Sinsang […]
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Financial services firm Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis. London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction. Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction […]
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The gold bug remains critical of crypto markets while also claiming CNBC is deliberately promoting Bitcoin. Bitcoin’s (BTC) fresh bull run this week is down to speculators betting on Chinese economic upheaval, not Chinese upheaval itself, Peter Schiff claims. Schiff: speculators buying Bitcoin to speculate In a tweet Aug. 5, the veteran gold bug and […]
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U.S. Securities and Exchange Commission commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for the offer and sale of certain tokens. U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for token offerings. The news was reported by Singaporean blockchain business consulting firm Jenga […]
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The founders of Orbs — the blockchain startup President Trump invited to his Middle East Peace Plan conference — have become mired in their own fraternal strife. The founders of Orbs — the blockchain startup President Trump invited to his Middle East Peace Plan conference — have become mired in their own fraternal strife. As […]
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Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape. Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape. In a tweet posted on August 5, Novgoratz remarked that: “With the yuan […]
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A Thai regulator announced that the regulator will amend anti-money laundering regulation to prevent crypto use for illicit activities. A Thai regulator announced that the regulator will amend regulation to prevent crypto use for illicit activities, English-language local news outlet BangkokPost reports on Aug. 5. AMLO to focus on cryptocurrencies Per the report, Acting secretary-general […]
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