Ethfinex Launches DAO as Executives Consider Regulatory Landscape

The exchange’s co-founder called the move a regulatory play following the turmoil at affiliated platform Bitfinex. Cryptocurrency exchange Ethfinex, the sister exchange of Bitfinex, has launched a test decentralized autonomous organization (DAO), the company confirmed in a blog post on June 12. Ethfinex — which earlier this month launched a decentralized over-the-counter (OTC) trading platform […]

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Binance to Reportedly Introduce Its Own Stablecoins ‘Within Two Months’

Leading cryptocurrency exchange Binance will reportedly issue its own stablecoins within two months. Leading cryptocurrency exchange Binance will reportedly issue its own stablecoins within two months, Bloomberg reported on June 5. Binance’s Chief Financial Officer, Wei Zhou told Bloomberg that the exchange will start issuing its own stablecoins “in a matter of weeks to a […]

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OKEx Says Crypto Is the Future of Money for Consumers in Unstable Economies

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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Bitfinex Plans to Launch Lightning Network Support for Stablecoin Tether: Report

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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