August 2020 | Page 5 of 171 | Last Cryptocurrency News Feed

On quantitative easing, crypto and modern monetary theory

With the COVID-19 crisis showing no signs of abating in the United States, central banks around the world have deployed financial airbags in the form of quantitative easing, and they plan to do a lot more. Modern Monetary Theory has taken center stage, and we are witnessing it in action. It’s a sight that will…

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Binance Card to soon expand to US as Swipe taps new partnership

All services on Swipe are immediately available on Binance Card. Binance Card, a newly launched cryptocurrency debit card powered by Binance and the Binance-owned crypto commerce company Swipe, could soon enter the United States. This is all thanks to a new partnership which unlocks direct USD deposits for users in the country.Announcing the news to…

CoinDesk Feed

Signature Bank Gave Dozens More PPP Loans to Crypto Firms Than Previously Reported

Aug 31, 2020 at 13:40 UTCUpdated Aug 31, 2020 at 13:41 UTC(Cytonn Photography/Unsplash)Signature Bank Gave Dozens More PPP Loans to Crypto Firms Than Previously ReportedSignature Bank extended dozens more loans under the Paycheck Protection Program (PPP) to cryptocurrency businesses than was previously reported. Around $20 million of the $1.9 billion in PPP loans that the…

CoinDesk Feed

South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot

Aug 31, 2020 at 13:21 UTCUpdated Aug 31, 2020 at 13:36 UTCBank of Korea (Chintung Lee/Shutterstock)The Bank of Korea is moving to a more technical phase of its accelerated push to develop a central bank digital currency, or CBDC. The Korea Times reported Monday that the Bank of Korea (BoK) is now seeking a consulting…

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First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry

Aug 31, 2020 at 12:54 UTCUpdated Aug 31, 2020 at 13:34 UTCTerracotta warriors, Lintong County, China (Daniel Palmer/CoinDesk, modified by CoinDesk)First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ RivalryYou’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your…

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Three veteran CoinMarketCap executives leave the company

After over two years, CMC’s chief strategy officer Carylyne Chan is leaving the site. 2480 Total views 11 Total shares CoinMarketCap’s chief strategy officer and acting CEO Carylyne Chan is leaving the well-known crypto market data site — together with two of her colleagues, Jeremy Seow and Spencer Yang. Chan, who has worked at CMC since…

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Chainlink lands on Bitcoin sidechain RSK with new integration

Developers on RSK no longer need to create their own oracle to build their DApps. 1247 Total views 23 Total shares Bitcoin (BTC) sidechain RSK will soon be equipped with Chainlink (LINK) oracles, enabling developers on the smart contract-enabled blockchain to tap into market price feeds and other off-chain data to build their applications.The integration…

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Binance lists WBTC amid the ongoing DeFi craze

Demand for Wrapped Bitcoin is increasing along with the DeFi rally. 1189 Total views 19 Total shares Binance, the world’s largest cryptocurrency exchange in terms of market capitalization, is listing another token to support the growth of decentralized finance, or DeFi.Wrapped Bitcoin (WBTC), a new ERC-20 token pegged to the price of Bitcoin (BTC), is…

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Huobi Futures To Launch Bitcoin Options Trading From Sepmtember 1st

Huobi Futures, the derivatives platform of the popular cryptocurrency exchange Huobi Group, will launch Bitcoin options trading starting September 1st. The company explained that more sophisticated investors are entering the digital asset market, and their BTC options release aims to meet their demand. Huobi Futures Adds BTC Options Trading Announced earlier today, the Singapore-based platform…

CoinDesk Feed

Meet Torus, the One-Click Blockchain Wallet Trying to Make Web3 as Easy as Chrome

Aug 31, 2020 at 12:01 UTCThe Torus team in Singapore (Torus)Meet Torus, the One-Click Blockchain Wallet Trying to Make Web3 as Easy as ChromePeople may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be…