stablecoin Archives - Page 40 of 158

Stablecoins Can Transfer Value Across Blockchains, Says Vitalik Buterin

May 25, 2020cashtechnews

Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges. Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains: “In […]

Italian Cryptocurrency Project Plans to Pay Users to Watch Porn

May 25, 2020cashtechnews

Novel cryptocurrency project PornVisory plans to reward its users with blockchain tokens for watching porn on its platform. Novel cryptocurrency project PornVisory plans to reward its users with tokens for watching porn on its platform. PornVisory founder Veronica Noschese explained to Cointelegraph that there’s a natural synergy between the cryptocurrency and pornography industry, which desperately […]

Industry at a Crossroads, Crypto Enters Fourth Phase of Development

May 24, 2020cashtechnews

A recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value. The crypto space is well over a decade old with more than 5,500 different cryptocurrencies and a market capitalization north of $250 billion. Researchers at American venture capital firm Andreessen Horowitz say […]

Tyler Winklevoss: Stablecoin Race to Begin When Wall St Embraces DeFi

May 23, 2020cashtechnews

Tyler Winklevoss believes that stablecoins will not truly emerge until Wall Street embraces the DeFi sector. Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss, predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi, during a recent interview with The Defiant’s Camila Russo. However, despite […]

Binance and Eosfinex Join EOS DeFi Protocol to Handle Smart Contract Upgrades

May 22, 2020cashtechnews

An EOS DeFi project wants to make use of the blockchain’s smart contract upgrade features, enlisting the help of Binance, Eosfinex and others to oversee the process. Equilibrium, an EOS-based decentralized finance, or DeFi, project similar to MakerDAO (MKR), is adding four block producers to its governance system, most notably Binance. Other members include Eosfinex, […]

Blockchain Intelligence Firm Wants to Prove Tim Draper Wrong on DeFi

May 21, 2020cashtechnews

Blockchain intelligence firm asserts that stablecoins are not a replacement of the dollar, instead they present a censorship resistance alternative to fiat. The latest research from Flipside Crypto purports to disprove Tim Draper’s assumption that the advancements in DeFi will displace the U.S. dollar as the world’s reserve currency. The report starts off by quoting […]

Why Have Cryptocurrency Payments Failed to Take Off So Far?

May 21, 2020cashtechnews

Cointelegraph interviewed merchants and executives from Crypto.com and Pundi X to learn about the current state of crypto payments for retail customers. Paying with crypto has long been at the center of the discussions of why cryptocurrencies exist and why they are useful. But despite promising growth and excitement during crypto’s bullish phases, payments with […]

Keeping Enemies Close: JPMorgan Servicing Crypto Firms Opens a New Frontier

May 20, 2020cashtechnews

Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.” As the largest among the United States’ “Big Four” banks, JPMorgan Chase comes across as an unlikely ally to digital asset service providers seeking to break through the glass ceiling still separating […]

Spike in User Activity Drives Bullish Divergence for Maker

May 20, 2020cashtechnews

Santiment has spotted bullish divergence between the price action and daily average users for MakerDAO’s token. Crypto market data analysis firm Santiment has published data suggesting bullish activity surrounding MKR — the token underpinning decentralized finance (DeFi) project MakerDAO. On May 20, Santiment published data indicating bullish divergence between the number of daily active MKR […]

Coil Creators Can Now Receive Payouts Using Uphold Wallets

May 19, 2020cashtechnews

Digital payment platform Uphold announced a partnership with web monetization provider Coil utilizing the Interledger Protocol. Digital payment platform Uphold has announced a partnership that allows Coil creators to be able to select the platform as their wallet provider to receive payments in over 50 currencies. Coil is a service that provides alternative methods for […]

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Tag: stablecoin