Facebook may be jumping on the blockchain bandwagon, too. “Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” a company spokesman said in a statement, as quoted by Bloomberg. “This new small team is exploring many different applications.” Facebook Plans to Build a Cryptocurrency to Transfer Money on WhatsApp … Continue reading “Facebook Working on Cryptocurrency for Money Transfers on WhatsApp”
stablecoin
Three Reasons Why Cryptocurrency Will Never Replace Fiat
Author Eric Van OrmanPosted on Categories Altcoin, Bitcoin, Crypto Technology, Cryptocurrency, General, Regulations, UncategorizedLeave a comment on Three Reasons Why Cryptocurrency Will Never Replace FiatCrypto does have many advantages over government-controlled fiat. However, there are also several barriers it would need to overcome to become the standard. First, there is the regulatory barrier regarding crypto and fiat For crypto to work, governments across the world will need to work together. This is possible, but it could be a long … Continue reading “Three Reasons Why Cryptocurrency Will Never Replace Fiat”
Coinbase Adds Its First Stablecoin, USD Coin (USDC)
Author Eric Van OrmanPosted on Categories Bitcoin, Blockchain, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, UncategorizedLeave a comment on Coinbase Adds Its First Stablecoin, USD Coin (USDC)The mighty crypto exchange Coinbase announced on Tuesday that its new stablecoin, USD Coin (USDC) is now available on their exchange. Until recently, one of the drawbacks to the popular exchange was that it was only supporting the top coins plus fiat But the addition of USD Coin (USDC) marks their first stablecoin and their … Continue reading “Coinbase Adds Its First Stablecoin, USD Coin (USDC)”
Big Four Auditing Giant, PwC Partners with Cred on Stablecoin Launch
Author Ian CooperPosted on Categories Altcoin, Banking, Bitcoin, Blockchain, Business, CryptocurrencyLeave a comment on Big Four Auditing Giant, PwC Partners with Cred on Stablecoin Launch“Big Four” auditing giant, PricewaterhouseCoopers (PwC) just partnered with a decentralized lending partner, Cred to launch a new stablecoin. Designed to Bring Trust to US Dollar-Pegged Cryptocurrencies According to PwC, it wants to help build greater confidence in the crypto-sphere. Doing so could usher in the next 100 million users of such assets, they note. … Continue reading “Big Four Auditing Giant, PwC Partners with Cred on Stablecoin Launch”
Andreessen Horowitz: $15 Million Invested in Stablecoin
Author Ian CooperPosted on Categories Altcoin, Blockchain, Business, Cryptocurrency, EthereumLeave a comment on Andreessen Horowitz: $15 Million Invested in StablecoinProminent venture capital firm, Andreessen Horowitz just invested $15 million in Maker DAO (MKR), a stablecoin built on the Ethereum blockchain. MakerDAO The firm stands behind ETH-based stablecoin, Dai (DAI) in addition to it decentralized credit system. Reportedly, DAI is pegged to U.S. dollars, but collateralized by ETH. DIA users can generate coins by locking … Continue reading “Andreessen Horowitz: $15 Million Invested in Stablecoin”
Malta-Based Binance Rolls Out a Third Stablecoin
Author David CrowderPosted on Categories Altcoin, CryptocurrencyLeave a comment on Malta-Based Binance Rolls Out a Third StablecoinLately, Binance cannot grab enough headlines. The Malta-based largest cryptocurrency exchange in the world is now adding a third stablecoin to its exchange lineup. In fact, the company revealed that it is now accepting PAX Paxos Standard Token deposits. Binance is doing something unusual with this particular new cryptocurrency offering. It is accepting the deposits … Continue reading “Malta-Based Binance Rolls Out a Third Stablecoin”
Stablecoin Market Champion Tether Losing Crown to TruUSD?
Author David CrowderPosted on Categories Altcoin, Business, CryptocurrencyLeave a comment on Stablecoin Market Champion Tether Losing Crown to TruUSD?Not so long ago, the Tether coin reigned supreme as the undisputed champion of the stablecoin galaxy. Suddenly that appears to be changing rapidly. Digifinex the Singapore-based digital assets exchange revealed that it will replace the stablecoin on its platform. They will dump USDT in favor of the TrueUSD of TrustToken. This is only the … Continue reading “Stablecoin Market Champion Tether Losing Crown to TruUSD?”
IHS Market Projects $2 Trillion Blockchain Value by 2030
Author David CrowderPosted on Categories Blockchain, Crypto Technology, CryptocurrencyLeave a comment on IHS Market Projects $2 Trillion Blockchain Value by 2030IHS Market is a major news, publishing, and data analytics corporation specializing in finance, technology, and military publication fields. They have just revealed in their latest July report a stunning new forecast for the digital space. IHS Market forecasts blockchain technology will grow astronomically, encompassing total business activities of $2 trillion in value before 2030. … Continue reading “IHS Market Projects $2 Trillion Blockchain Value by 2030”
Stellar (XLM) Could Break to $1 in 2018
Author Ian CooperPosted on Categories Altcoin, Crypto Technology, CryptocurrencyLeave a comment on Stellar (XLM) Could Break to $1 in 2018Stellar (XLM) has become a favorite among crypto traders, as the coin breaks to new multi-month highs of $0.323. After losing over 80% of its value since January 2018, numerous factors make it valuable in the short and long-term. For one, Coinbase.com noted that it short-listed XLM as a possible candidate for its exchange listing. … Continue reading “Stellar (XLM) Could Break to $1 in 2018”
