Bitcoin has seen significant volatility on the day, with the intraday high above $8,800 and a low below $8,500. Monday, June 3 — after seeing a short recovery attempt yesterday, crypto markets have seen another negative correction, with most of the 20 major coins in the red. According to data from CoinMarketCap, only four out […]
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sponsored A crypto exchange offers conversions from seven fiat currencies to reach a global audience. One of the world’s biggest crypto exchanges by trading volume believes digital currencies can provide financial freedom to consumers in countries where instability and inflation are making fiat payments impractical. In the world of digital technology dominance, traditional global financial […]
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Comments from the regulator’s chairman, J. Christopher Giancarlo, suggest an active relationship between the two parties is forming. United States regulator the Commodity Futures Trading Commission (CFTC) is in talks with Facebook about its upcoming stablecoin launch, the Financial Times (FT) reported on June 2. Citing chairman J. Christopher Giancarlo, the publication revealed that Facebook […]
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Global settlement firm OKLink, a subsidiary of cryptocurrency exchange OKEx, launches its USDK stablecoin. Global settlement firm OKLink, a subsidiary of major cryptocurrency exchange OKEx, will launch its stablecoin today, June 3, an OKEx representative told Cointelegraph. In an email sent to Cointelegraph, the OKEx rep specified that the stablecoin — dubbed USDK — will […]
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EOS coin holders voted on whether to reduce the inflation from 5% to 1% per year. EOS holders voted to reduce the annual inflation rate from 5% to 1% as of June 1, according to data on the voting platform maintained by EOS Block Producer (BP) EOS Authority. According to the poll’s description, out of […]
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Major cryptocurrency exchange Bitfinex is reportedly looking to launch Lightning Network support for the tether stablecoin. Major cryptocurrency exchange Bitfinex is looking to launch the USDT stablecoin operated by sister firm Tether on the Lightning Network (LN), crypto news outlet The Block reported on May 31. Per the report, Bitfinex’s chief technology officer Paolo Ardoino […]
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Eos parent company Block.one has announced Voice, a social media platform built on the Eos blockchain to provide users with back-end transparency Eos (EOS) parent company Block.one has announced a blockchain-based social media platform called Voice, according to a press release shared with Cointelegraph on June 1. The firm claims that the platform will use […]
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Tether is partnering with EOS parent company Block.one to release its stablecoin on the EOS blockchain. Blockchain tech company Tether has announced that it is partnering with EOS parent company Block.one to release its stablecoin (USDT) on the EOS blockchain (EOSIO), according to a press release shared with Cointelegraph on May 31. According to the […]
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Cryptocurrency exchange Bitfinex has announced that it temporarily shut down its services. Cryptocurrency exchange Bitfinex has temporarily shut down its services, according to a tweet published on May 31. The tweet specifically says that the change has temporarily paused deposits and withdrawals “due to the outrage of one of [their] network providers.” “Funds are safe […]
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Next week’s mobile wallet trading will mark the return of a fifth cryptocurrency to the company’s wallet. Cryptocurrency data aggregator and wallet provider Blockchain.info will launch trading of its fifth coin, paxos standard token (PAX), on Monday, the company told industry news outlet CoinDesk on May 31. Paxos is a United States dollar-pegged stablecoin, and […]
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