Ampleforth introduces ‘low-volatility’ alternative to fiat stablecoins
Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.
Related Posts
SEC files motion for restraining order against Binance
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange. 1039 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) filed an emergency motion in the District of Columbia U.S. District Court for a temporary restraining order against Binance, Binance.US and CEO Changpeng Zhao (CZ) on June 6, requesting…
GAO cites exposure to digital assets in exploring collapse of Signature Bank
Michael Clements said the GAO had reviewed “large deposits from the digital asset space” in considering whether crypto had contributed to Signature’s failure. 112 Total views 1 Total shares The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank and Signature Bank — and included…
Major Crypto Exchange and Wallet Coinbase Adds Support for Stellar Lumens
United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Stellar Lumens, according to an announcement published on March 18.The update states that users can now store, buy, and send Stellar’s cryptocurrency, the Stellar Lumen (XLM), on the Coinbase website, as well as on the Coinbase iOS and Android apps.The publication underlines…
Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.
‘Plan A Has Failed’ — Global Debt to Hit $255T or $12.1M per Bitcoin
The world’s combined debt will hit $255 trillion by the end of 2019 — equal to $32,500 for each person on the planet or $12.1 million per Bitcoin (BTC).Bitcoin figures reacted with shock to the latest figures from the Institute of International Finance, which this month updated its Global Debt Monitor. $12.1 Million per single BitcoinBy…
Embattled Tron Creator Sun Apologizes to China in Deleted Social Media Post
Blockchain platform Tron’s founder, Justin Sun, sparked fresh controversy this week after he first posted and then deleted an online apology in an ongoing PR debacle. Cryptocurrency-focused news outlet Cryptoslate reported the events, providing their own translation of comments Sun wrote and later removed from Chinese social media platform Weibo on July 25.Sun was due to…
Spanish court rules John McAfee can be extradited to the United States
Lawyers will have the opportunity to appeal the court’s decision and local lawmakers will need to approve the extradition before it is final. 402 Total views 1 Total shares John McAfee, the founder of the antivirus software company of the same name, is one step closer to facing prosecution in the United States for tax…
Cryptocurrency and Blockchain News From Brazil: Sept. 22-28 in Review
Brazil has seen another tumultuous week in the cryptocurrency industry as the central bank of Brazil wants to use blockchain technology starting in 2020, the president of Unick Forex continues to claim they pay customers on time, and the Brazilian Securities Commission investigates the alleged fraudulent activities of more crypto-related companies.Here is the past week…