The eventual refurbishing of the ledger-based stablecoin bridge between crypto and local currencies will begin in early 2022, with an aim to reconnect MoneyGram’s 150 million consumers.
Coinbase Pro says that these new tokens will launch if certain liquidity conditions are met and there is sufficient supply.
FDIC is also assessing what direct deposit insurance would look like for banks who that to issue stablecoins in near future.
Bitcoin recorded a nearly five-month high above $55,000 on the 6th of October as it is continuing to gather gains from the previous day.
With Bitcoin holding up despite the turmoil, many began to see it as a haven for their resources for the time being.
There is a growing dive into the NFT ecosystem by major brands around the world, re-emphasizing the innovative way blockchain innovations are redefining the scope of operations of firms with direct product offerings to consumers.
The Polytrade MVP will likely be an effort to create awareness about the product as well as show a working blueprint for how the project plans to proceed.
The Soros Fund Management has sought exposure to digital assets as per the recent admission of the CIO. The fund has started cashing out of stocks and said it will not be investing in China for now.
CoinSwitch Kuber’s $1.9 figure valuation is almost four times up compared to its $500 million less than six months ago.
The move comes after increasing pressure from regulators against the Binance brand name in countries like Australia, the United States, and the United Kingdom.
The platform’s management has now embraced a new system that allows anyone with an Ethereum address and wallet to use the platform.
AMC’s partnership with Bitpay will also permit the company to support three other cryptos such as Bitcoin Cash, Litecoin, and Ethereum along with Doge.
The world’s largest cryptocurrency Bitcoin (BTC) has moved past its crucial resistance of $50,000 thereby overtaking Facebook (FB) in valuations. As Q4 2021 begins, analysts are eyeing a major bull run ahead.
The new Arca venture fund will support startups in the NFT, online gaming, and Web 3.0. markets. The fund is targeting 14 investments this year.
CEO of BitGo Mike Belshe noted that the partnership with MetaMask had become a necessity because of the growing interest of their clients in the DeFi market.