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Cryptocurrencies And Tokens

Latest Ethereum and Blockchain News

NEWS
cryptocurrencies and tokens

People’s Bank Of China 'Close' To Launch Of Its Own Crypto

Bloomberg
Mu Changchun, deputy director of the People's Bank of China (PBoC), has stated that the group is close to finishing up and issuing its own cryptocurrency. However, unlike most blockchain-based cryptocurrencies, the PBoC’s currency is intended to give Beijing more control over its financial system.
NEWS
cryptocurrencies and tokens

80% Of Tether's Stablecoin Held By Just Over 300 Addresses

Bloomberg
Research from data provider Coin Metrics suggests that 80% of Tether's stablecoin, USDT, is currently being held in just 318 different crypto wallet addresses.
NEWS
cryptocurrencies and tokens

Bryan Bishop's New Plan For Time-Delayed Bitcoin Transactions

CoinDesk
Bitcoin Core contributor Bryan Bishop has published new plans for a "vault" system that was originally proposed in 2016 but was dropped, as it would have required a fork in the Bitcoin network. Bishop's new vault design would not require a fork and would allow for time-delayed bitcoin transactions, giving users time to reverse a transaction if their private information became compromised.
NEWS
cryptocurrencies and tokens

US Lawmakers Might Be A-OK With Walmart's Crypto Plans

Cointelegraph
Following reports that Walmart may be interested in developing a cryptocurrency, Jaret Seiberg, senior policy analyst at investment banking corporation Cowen, stated that the company's domestic plans for its own crypto might appeal to US lawmakers more than Facebook's global plan for Libra.
NEWS
cryptocurrencies and tokens

Tether Becomes Less Transparent As It Launches On More Blockchains

Bloomberg
After launching a version of its stablecoin on Blockstream's sidechain, Liquid Network, investors are having a harder time tracking Tether transactions as it permeates across multiple networks.
NEWS
cryptocurrencies and tokens

Tipping On Twitter With Brave's BAT

CoinDesk
Following a beta test, blockchain-based browser Brave will now let its users tip individuals on Twitter using its native basic attention token.
NEWS
cryptocurrencies and tokens

ECC CEO Pushes For New Zcash Dev Fund

CoinDesk
Zooko Wilcox, the CEO of the Electric Coin Company, the firm behind the Zcash project, is pushing for the network's community to offer possible solutions for a new Zcash developer funding model. The current Dev Fund, which sees a portion of the Zcash block rewards go to funding developer projects, will come to an end in October 2020.
NEWS
cryptocurrencies and tokens

Litecoin Prepares For Early August Halvening

Decrypt
On August 5, Litecoin's mining rewards will be cut in half from 25 coins to 12.5 coins per block. Litecoin creator Charlie Lee hopes the halved block rewards will ultimately lead to a jump in Litecoin's price, similar to the outcome of the network's first "halvening" back in August 2015.
NEWS
cryptocurrencies and tokens

Tether Corners Remittance Service Market For Chinese Importers

CoinDesk
Chinese importers in Russia have overwhelmingly begun sticking with Tether's USDT to send large sums of money back to their home country, with one Moscow-based over-the-counter trader saying they see anywhere from $10 million to $30 million worth of USDT purchased daily.
NEWS
cryptocurrencies and tokens

Philippines-Based UnionBank Launches Its Own Stablecoin

Cointelegraph
The UnionBank-issued stablecoin, PHX, is pegged to the Philippine peso and will help to facilitate transparent and automatic execution of payments to some of the country's more rural banks.
NEWS
cryptocurrencies and tokens

Facebook Admits Libra May Never Actually Launch

CoinDesk
In a quarterly report sent to the US Securities and Exchange Commission, Facebook stated that technical barriers and the unclear crypto regulatory landscape in the US could mean that the Libra cryptocurrency might never see the light of day.
NEWS
cryptocurrencies and tokens

Square App Looks To Give The Satoshi Its Own Symbol

CryptoSlate
Payments app Square App is looking to develop a symbol for the Satoshi, the smallest unit of bitcoin, and has tasked its Twitter followers with coming up with the design.
NEWS
cryptocurrencies and tokens

Tether Launches Stablecoin On Blockstream Sidechain

Decrypt
Blockstream's sidechain, Liquid Network, will now play host to its own version of Tether's stablecoin, dubbed Liquid USDT. As of today, Liquid USDT will be available for withdrawal and deposit on Bitfinex's platform, the stablecoin issuer's affiliated crypto exchange.
NEWS
cryptocurrencies and tokens

Ripple CEO Writes Open Letter To Congress Regarding Crypto Regulation

Decrypt
In an open letter to Congress, Ripple CEO Brad Garlinghouse let regulators know that Ripple isn't out to destroy the banking sector and that the project is working to "serve the greater good."
NEWS
cryptocurrencies and tokens

Zuckerberg Promises Slow And Steady Approach To Libra's Launch

CoinDesk
Echoing statements made by Libra project lead David Marcus during Facebook's congressional hearings last week, Mark Zuckerberg promised to spend "however long it takes" to get regulators on board with Libra before launching the cryptocurrency.
NEWS
cryptocurrencies and tokens

Presidential Candidate Andrew Yang Launches Crypto-Friendly Super PAC

CoinDesk
Andrew Yang's super PAC will only accept Lightning-powered bitcoin donations for its first 21 days. Afterward, the super PAC will begin accepting fiat donations along with bitcoin.