Biggest Problems With Stablecoins, Explained 1.Remind me: What is a stablecoin? A stablecoin is a type of cryptocurrency that often has its value pegged to another asset, such as fiat currency, precious metals or other types of crypto.With major digital currencies like Bitcoin (BTC) experiencing sudden price jumps — sometimes in a matter of seconds — skeptics argue… Wall St Veteran Launches Crypto-Powered Social Network and Marketplace CoinLinked, a social media network and marketplace platform founded by Wall Street veteran Jenny Q.Ta, launched on May 7.The platform will feature a utility token that rewards users for activity on the platform, and can also be redeemed for discounts on CoinLinked’s marketplace.Speaking to Cointelegraph, Ta described CoinLinked as the “first-ever blockchain-based social network… BTC dips below $10K as traders eye ‘CME gap’ Bitcoin has crashed below $10,000 for the first time in seven weeks.An aggressive week of selling has seen the price Bitcoin (BTC) fall below $10,000 for the first time since late-July, triggering fear in the markets.After posting a local top of roughly $12,500 on August 17, BTC consolidated between $11,250 and $12,100.
However, the… Goldman Sachs and Galaxy Digital’s Mike Novogratz Invest $15 Million in Crypto Custody Firm U.S.banking giant Goldman Sachs and its former partner Mike Novogratz, now CEO of crypto investment firm Galaxy Digital, have recently invested in U.S.crypto custody service BitGo, Bloomberg reports Wednesday, Oct.18.In total, BitGo’s series B fund rounding has brought in $58.5 million.According to Bloomberg, Goldman Sachs and Novogratz together contributed about $15… Steem Soft Forks to Sanction Mysterious ‘Community321’ Account Steem has completed a soft fork which sanctions the account that went rogue and sent 23.6 million STEEM to Bittrex in protest of a recent hard fork.
1441 Total views 35 Total shares Steem has executed a soft fork to restrict the rogue “community321” account from making transfers after the account sent nearly 24 million… China’s Central Bank Issues Warning Against Blockchain Investment ‘Bubble’ China’s central bank, the People’s Bank of China (PBoC), has warned of “bubbles” in blockchain-related financing and investment, Reuters reported Nov.6.The PBoC, which is known for its anti-cryptocurrency stance, has reportedly advised that the government strengthen its supervision of “speculation, market manipulation and other irregularities,” which it claims are common in domestic blockchain investment… JPMorgan Continues to Explore Blockchain for Cross-Border Payments, Having Signed 220 Banks Worldwide Along the Way On April 21, it was revealed that JPMorgan Chase (JPM), the United States’ largest bank with over $2.62 trillion in assets, is planning to widen the use of its blockchain system.Specifically, JPM is adding new features to its Interbank Information Network (IIN), which is now used by more than 220 banks across the globe.With… Bitmain Co-Founder Initiates Legal Fight to Return to Control Over Company Co-founder of crypto mining giant Bitmain, Micree Zhan Ketuan, has initiated court proceedings against the company shareholders in a bid to restores his voting control of the firm.As BNN Bloomberg reported on Jan.3, Zhan asked a Cayman Islands court to discredit Bitmain’s shareholders’ decision to convert the mining company’s Class B shares to one… UK investment manager sells off half BTC holdings after $750M win “The economic environment for Bitcoin right now could not be better,” said Duncan MacInnes.
988 Total views 6 Total shares United Kingdom-based Ruffer Investment Management has made more than $750 million from its Bitcoin investment in less than two months, but it has decreased the size of its holdings.According to a report from British news… Leave a Reply Search.
