Major cryptocurrency exchange Binance launches peer-to-peer trading for Bitcoin, Ether and Tether against the Chinese Yuan. Major cryptocurrency exchange Binance has launched peer-to-peer trading for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese Yuan (CNY). In an announcement published on Oct. 9, the exchange revealed that the service will be initially available to […]
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Chainlink (LINK) has been treading an uptrend toward its all-time high at $4.49. Will LINK lead the way for other altcoins to follow? Chainlink (LINK) has been on fire, blazing its own trail independent from the rest of the market. The digital asset appears to be in the beginning stages of a strong uptrend on […]
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Cryptocurrency exchange Binance announces the eighth phase of its lending product. Cryptocurrency exchange Binance has announced the launch of the eighth phase of its lending product on Oct. 7. In this phase, Binance will start offering 14-day fixed-term lending products. The subscribers will be accepted on a first-come, first-served basis. The subscription period begins on […]
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CNBC crypto trader Big Cheds says bullish divergences on multiple indicators could lead to a short-term bounce in Bitcoin price. The $8,000 mark seems to be an important price point for crypto’s market leader, Bitcoin (BTC). Since its breakdown from $9,400, the digital asset has lost and regained the $8,000 level several times, sitting at […]
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A New York-based legal firm filed a class-action suit against Tether and Bitfinex, accusing the firms of crypto market manipulation. A New York-based legal firm has filed a lawsuit against Tether and Bitfinex, accusing them of cryptocurrency market manipulation. “Largest bubble in history” Roche Freedman filed a class-action suit claiming that stablecoin firm Tether and […]
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Algo Capital ex-CTO Pablo Yabo publishes a statement in the wake of a major security breach of a hot wallet under his personal management. The now-former chief technical officer (CTO) of Algo Capital, the investment arm of blockchain firm Algorand, has published a statement in the wake of a major security breach of an Algo […]
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Cryptocurrency exchanges Bitfinex and EOSFinex announce that they successfully “chainswapped” 5 million USDT onto the EOS protocol. Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol. According to a press […]
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Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind […]
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An investment arm of United States-based blockchain firm Algorand loses up to $2 million in crypto after its CTO’s phone was hacked. Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised. […]
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Tether and its affiliate exchange Bitfinex announce that they are prepared to fight lawsuits alleging that USDT is involved in market manipulation. Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper. Tether and Bitfinex to defend […]
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