
Andreessen Horowitz-Backed Basis Stablecoin to Shut Down with $133M in Debts
Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.
Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.
Coinbase decided to use 12 Days of Christmas promotion as their opportunity to help those in need and support GiveCrypto.org’s pioneering work. The $10,000 ZEC donation will support GiveCrypto.org’s project in Venezuela.
For operating a fraudulent Initial Coin Offering, former AriseBank executives have to pay nearly $2.7 million in fines and are prohibited from serving as officers of public companies or engaging in offerings of digital securities.
Now elderly people in Venezuela will get their monthly pensions in the Petro, despite the fact that it still can’t be used.
The deputies suggest that the government should follow the example of the private sector. Moreover, a central bank, such as the Bank of France or the European Central Bank, should consider issuing digital currencies.
A breakdown at the demand level of $0.09 may be a short position with good candle pattern as confirmation for entries. Traders are advised to be patient before taking any position.
The former CEO of bitcoin exchange Mt. Gox is now facing a decade jail term, as prosecutors claim he transferred millions of clients’ funds to his personal account.
“Double bottom” pattern was formed as it is clearly seen on the chart which indicates that BSV price may hit $92 price level in which if the level is broken the coin may have its high at $96 price level.
South Korea’s lawmakers, high-ranking government officials, and major exchanges meet officially for the first time. The crypto debate is considered a success with several major outcomes.
In order to improve the commission’s understanding of Ethereum and its underlying technology, the CFTC has announced its intention to publish a respective Request for Information (RFI) with the Federal Register.
Crypto exchange platform Gemini has finally introduced its mobile app that will facilitate crypto trading for users of Android and iOS devices.
Coinone Transfer has launched its remittance app called Cross which will use Ripple’s xCurrent to ensure speedy cross-border payments.
The demand level of $0.25 may be the bears’ target. In case the demand level of $0.25 holds and the XRP price bounce, an upward trend may be experienced with $0.38 – $0.43 as its target.
EOS has experienced significant losses since birth due to security incidents, and it’s being plagued by constant security glitches with 27 dApp security incidents as of November 26. These incidents amounted to a loss of 400,000 EOS.
Bitmain’s Israeli Development Center shuts down with the firm’s China-based IPO approaching. The current bear market is somewhat to be blamed for the drastic decision.