Tether is facing severe accusations of using public money for funding its own investments and putting the reserves at risk. Tether refutes these claims saying it is yet another attempt to defame the company.
After the Elon Musk tweet, Shiba Inu jumped close to 400%, confirming a total spike of about 8,000% for the dog-themed token.
The NFT marketplace is, however, currently in Beta with the company warning users of the risks associated.
The Biconomy (BICO) public token sale via CoinList is scheduled to begin on October 14, 2021, at 17:00 UTC.
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.
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 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.
When asked about guidance on crypto regulation, Gensler reminded that crypto exchanges need to register with the SEC. But decentralized exchanges (DEXs) are also subject to regulations.
Unlike the growth of Initial Coin Offerings (ICO) around 2017 where an average investor caught in on the token crowdfunding frenzy, the embrace of NFTs is notably within a very small circle.
Bitcoin is now the best-performing asset this year as the asset’s price breaks the $50,000 psychological resistance point.
Blockchain protocol Axie Infinity is driving major engagement amid renewed craze for gaming. As a result, the in-game currency or native token AXS skyrocketed 40% on Monday.
The HKMA aims to deliver the initial view of e-HKD by the middle of next year. The published whitepaper covers the research methodology and technical realization of the financial solution.