Reserve CEO, Nevin Freeman says that stablecoin projects indulge into dubious activities trapping investors funds to artificially inflate demand and thus the market cap of the stablecoins.
The ICE’s Data Services will provide real-time and historical data for all the newly added crypto tokens.
Allowing investors to get a 45% bonus during the additional sales stage, USDDex aims to attract the crypto community to active participation in the project.
Successfully passing the examination, Gemini confirmed its status of a company with a high level of security compliance in protecting customer data and funds.
The Winklevoss brothers has expressed their optimistic attitude to Bitcoin and new ambitions of making Bitcoin ETFs a reality during the latest AMA session on Reddit.
The second-largest cryptocurrency exchange, OKEx has created a Bitcoin derivative product called “perpetual swap”. However, there’s no expiry date. The lack of expiry data allows positions to be held on an ongoing basis.
Finally, crypto market starts showing at least some signs of recovery: Tether (USDT) manages to enter the top-five cryptos by market cap (for the short period of time though) while EOS gains considerable 25%.
Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex will now have a total of six stablecoin options for trading on either platform.
BitGo recently added the Gemini Dollar (GUSD) to its list of stablecoin offering citing huge demand from institutional players.
Stably is a venture capital-backed startup seeking to bring stability to the volatile cryptocurrency market through a secure, transparent medium of exchange. Having already raised around $500,000 in seed funding they kickstart the StableUSD project.