A U.S. cryptocurrency exchange is reporting a significant increase in trades between tether (USDT), the controversial stablecoin that lost its dollar peg this week, and a newer alternative called TrueUSD. At HBUS, the U.S. affiliate of the Singapore-based Huobi exchange, both deposits and withdrawals of USDT “have increased by over 10x over the last two days,” a company spokesperson told CoinDesk. And the investors making …
A lawsuit over Augur, a decentralized platform for prediction markets on real-world events, has come to an end as court records show that the case was dismissed on Oct. 12. Matthew Liston, the former CEO of Augur, filed the lawsuit back in April, alleging that three other founding members of Augur, Jack Peterson, Joseph Charles Krug, and Jeremy Gardner committed …
The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation. Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market cap to more than $2 …
In late 2017, Fidelity, one of the largest brokerages and asset managers with 7.2 trillion in assets under management as of October 2018, launched its first crypto initiative. By partnering with Coinbase, the biggest crypto-to-fiat exchange in the global market, Fidelity enabled its clients to track investments in major cryptocurrencies like Bitcoin and Ethereum through the Fidelity Portfolio Summary View. …
ICOVO’s crowdsale is currently live. The phase 1 of the crowdsale started on October 10th and goes on until October 30th, and offers a +10% bonus. to participants. Participants are invited to join the Whitelist here. Soft cap has been reached (5,868 ETH). In September, the project also received a “No Action” letter from FINMA. ICOVO’s vision is to create …
Coinbase vice president of operations and technology Tina Bhatnagar announced late Monday that the exchange is opening a new office in Dublin, Ireland in response to customer growth in the EU. What’s more, it’s a helpful backstop against the looming exit of the U.K. from the European Union, known as Brexit. “It is also a plan B for Brexit. As we …
Leading South Korean financial holding company KB Financial Group Inc. has been awarded a patent for a blockchain-based fintech app security solution, South Korean economic news outlets The Digital Times reports Monday, Oct. 15. KB Financial is reported to have over $342 billion in assets under management and presides over multiple overseas and domestic subsidiaries, among them KB Kookmin Bank, …
BuySellAds Zone Code End BuySellAds Zone Code From yesterday’s low which was slightly below $200B the evaluation of the cryptocurrency market capitalization has spiked up to $220,252,569,861 but has pulled back quickly to around $212B level. Market Cap: $212,478,735,722 24h Vol: $20,812,434,086 BTC Dominance: 54.3% As you can see from the global chart the evaluation spiked up to the …
Home crypto mining, still popular in parts of Eastern Europe where private consumers and some organizations enjoy preferential, subsidized electricity rates, may take a hit following a court ruling in Russia, a country with vast energy resources which often remain unutilized. A protestant church in Irkutsk Oblast, a region in the Siberian Federal District, has been accused of mining cryptocurrency …
Sunday, October 14: crypto markets keep their balance after the recent sell-off this week, with most of the 20 top coins by market cap slightly in the green. Fluctuations on the markets in both directions have for the most part been no more than 1 percent, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) has seen slight …
