Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Lightning Network (LN) micropayments. Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Bitcoin (BTC) Lightning Network (LN) micropayments, according to a post from the artist’s Reddit handle published Dec. […]
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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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Binance crypto exchange CEO Changpeng Zhao said that 2018 is a “correction year” for cryptocurrencies. Changpeng Zhao called 2018 a “correction year” for crypto currencies while expressing optimism for the future of the crypto industry during a Bloomberg interview published on Dec. 19. Zhao spoke in reference to the bear market plaguing traders this year, […]
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Major U.S. crypto exchange Coinbase has withdrawn its application to trademark the term “BUIDL,” following criticism on Twitter. Major United States-based cryptocurrency exchange and wallet service Coinbase has withdrawn its application to trademark the term “BUIDL.” The official status of the application was changed to “abandoned” on Wednesday, Dec. 19, according to the U.S. Patent […]
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Ledger signed an agreement with a Hong Kong-based crypto payment startup that will allow its clients to pay for its products with digital currencies. Crypto hardware wallet supplier Ledger has signed an agreement with crypto payment startup Crypto.com to allow users to pay for its products with crypto, according to a press release shared with […]
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Iranians who are turning to Bitcoin mining due to economic difficulties caused by U.S. sanctions still manage to profit due to low electricity prices. Iranians are turning to Bitcoin (BTC) mining due to economic difficulties caused by sanctions by the United States, International affairs think tank Atlantic Council reported Dec. 17. Despite the recent crash […]
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sponsored A fintech company is vying to make the markets “absolutely transparent and fair” by enabling crypto owners to trade stocks, commodities and equities without paying any fees. A fintech company is taking on the retail trading industry and giving crypto owners the opportunity to use digital currencies as collateral and to trade across markets […]
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Bitcoin payment processor OpenNode has ended its seed investment round with Tim Draper and Draper Associates. Bitcoin (BTC) payment processor OpenNode has completed a seed investment round with investment from American venture capitalist Tim Draper, according to an announcement on Dec. 18. Founded in April 2018, OpenNode is a multi-layered Bitcoin payment processor for merchants […]
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The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves. Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of tokens in circulation, Bloomberg claimed in a report today, Dec. 18. Citing “bank statements” it had “reviewed,” the publication became the latest source […]
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U.S.-based crypto exchange Coinbase has launched direct crypto conversions on its retail trading platform. San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service, according to an official statement on Dec. 17. Per the statement, customers will initially be able to convert between Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin […]
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