Stablecoins Can Transfer Value Across Blockchains, Says Vitalik Buterin

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 […]

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Italian Cryptocurrency Project Plans to Pay Users to Watch Porn

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 […]

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Coinbase to Custody FTX’s Exchange Token

Coinbase Custody has been selected by the Binance-backed derivatives exchange FTX to store and insure its exchange token, FTT. Coinbase has announced that it will provide custody services for the exchange token of the Binance-backed crypto derivatives platform FTX (FTT) on May 22. Coinbase Custody will comprise the primary custodian for the ERC-20 token, managing […]

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Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers

Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators. There’s […]

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