An unsurprising statement from a financial regulator is sending some welcome signals that point to a spurt of innovation ahead. The U.S.Office of the Comptroller of the Currency (OCC) issued a statement earlier this week saying that national banks can provide services to stablecoin issuers in the U.S. This is not a surprise, as banks…
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The recent health scare surrounding the COVID-19 outbreak seems to have accelerated the move toward a cashless society , with cashless payment spiking in concert with viral cases. Yet, our findings in a Genesis Mining study called “Perceptions and Understanding of Money 2020” indicate that a significant majority of Americans are not psyched about parting…
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Read moreHome » Cryptocurrency News » Cryptocurrency News » Coinbase Launches 5% Staking Rewards for Cosmos’ ATOM Coinbase Launches 5% Staking Rewards for Cosmos’ ATOM September 29, 2020 Sep 29, 2020 at 20:22 UTC Updated Sep 29, 2020 at 20:27 UTC Atomic instruments (Dan Meyers/Unsplash) Coinbase is expanding its staking rewards program to include Cosmos’ ATOM…
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As it looks to make a bigger shift into eCommerce , Facebook is also working to streamline its payments processes, in order to make it as easy as possible for users on both Facebook and Instagram to quickly make purchases based on posts and ads in each app. That appears to be the main motivation…
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Pundi X (CURRENCY:NPXS) traded down 1.2% against the US dollar during the one day period ending at 10:00 AM Eastern on September 27th.Over the last week, Pundi X has traded 3.5% lower against the US dollar.One Pundi X coin can currently be bought for approximately $0.0001 or 0.1 BTC on exchanges.Pundi X has a total…
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Stablecoins were constructed to dampen volatility of crypto-currencies.Companies that issue one type of stablecoin do this by creating a reserve of fiat currency, a 1:1 peg to the underlying fiat.In this type of stablecoin, the volatility that should remain, is the volatility of the fiat itself.The market cap for stablecoins as of a few days…
Read moreHome » Cryptocurrency News » Cryptocurrency News » SEC Won’t Take Action Against Compliance-Focused Digital Security Exchanges SEC Won’t Take Action Against Compliance-Focused Digital Security Exchanges September 29, 2020 Sep 29, 2020 at 12:52 UTC Updated Sep 29, 2020 at 13:31 UTC SEC building (Andriy Blokhin/Shutterstock) The Securities and Exchange Commission (SEC) has said digital…
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Bitcoin Cash hits new low vs.Bitcoin as Draper deletes Twitter praise September 13, 2020 Altcoin Bitcoin Cash ( BCH ) is plumbing new lows against Bitcoin ( BTC ) after crashing through fresh support. Data from price tickers including Cointelegraph Markets and CoinMarketCap confirm that BCH/BTC is now at its worst levels in Bitcoin Cash’s…
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Rio DeFi ($RFUEL): The next frontier of finance? By 0 Rio DeFi ($RFUEL) is a blockchain technology company.It aims to bridge the traditional finance with the blockchain space with its powerful digital infrastructure, Rio Chain.It focuses on security, speed, scalability, and interoperability with existing blockchain. The whole Rio ecosystem promises a wide array of services…
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