Canadian cryptocurrency exchange Coinsquare announced that it will be launching a Canadian dollar-back stablecoin. Coinsquare, one of Canada’s top crypto exchanges, will be launching a stablecoin backed by the Canadian dollar dubbed eCAD, according to a press release on April 4. The new coin will purportedly be backed at a 1:1 ratio with Canadian dollars. […]
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The Tether stablecoin’s daily transaction volume hit an all-time high. Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics. On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption […]
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The top 20 cryptocurrencies are reporting mixed movements as Bitcoin reaches $4,100. Sunday, March 31 — the top 20 cryptocurrencies are reporting mixed, mostly mild, price movements on the day by press time, as Bitcoin (BTC) reaches just over $4,100. Market visualization courtesy of Coin360 Bitcoin has seen nearly no price movement on the day, […]
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Russia’s most popular social media platform, VKontakte, is considering developing its own cryptocurrency, according to local media. The most popular social media platform in Russia, VKontakte (VK), is considering developing its own cryptocurrency, local news outlet RNS reported on March 28. Per the report, an unspecified person familiar with the company’s plans told the outlet […]
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The bear market has not been easy on the crypto market. The bear market has not been easy on the crypto market, especially when it comes to initial coin offerings (ICOs). The demand for small-value tokens issued by relatively unknown projects — some of which eventually might or might not turn out to be viable […]
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Facebook HQ in Menlo Park announces five new positions for its blockchain team, including technical ones. Facebook’s HQ in Menlo Park, California, has opened five new positions in its blockchain department, according to listings posted today, March 29. The new jobs were posted in the company’s LinkedIn account. According to the announcements, the company is […]
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Digital gift card provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency. Digital gift cards and mobile phone refill provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency, Bitrefill announced in al tweet on March 27. Per the announcement, customers can now pay for their bookings with Bitcoin (BTC), […]
Continue ReadingTron, issuer of the 11th top cryptocurrency by market cap, has acquired blockchain app store CoinPlay. The Tron Foundation, the firm behind TRX, the 11th top crypto by market cap, has acquired blockchain app store CoinPlay, Tron’s CEO, Justin Sun, tweeted on March 28. With the new acquisition, Tron intends to contribute to the aggregation of […]
Continue ReadingTron-owned p2p software company BitTorrent announced that it will release the beta of its decentralized social media app BitTorrent Live in Q2 2019. Tron (TRX)-owned peer-to-peer (p2p) software company BitTorrent announced that it will release the public beta version of its decentralized social media app BitTorrent Live in Q2 2019 in a press release on […]
Continue ReadingOver the last few weeks, the Lightning Network — Bitcoin’s off-chain scaling protocol — has made waves. Over the last few weeks, Bitcoin’s (BTC) second-layer scaling protocol, called the Lightning Network (LN), has gained a lot of traction, steadily proving to become a viable solution to BTC’s infamous scalability problem and even potential competitor to […]
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