Crypto is democratizing investment banking options—Lightspark founder

Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions.

In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, government and industry officials secured important appointments, while new data shows the popularity of cryptocurrencies and their favored uses in Japan and China. Expert: Bitcoin is most commonly used for remittances in ChinaOn Sept. 11, Cointelegraph Japan reported that Sunny Wang, Japan's representative of Chinese…

Massive volatility on crypto markets has been always associated with an uptick on stablecoin markets, a Tether exec noted. 9216 Total views 2 Total shares Tether (USDT), the world’s largest stablecoin by market capitalization, continues to grow despite record-breaking cryptocurrency outflows triggered by Elon Musk’s Bitcoin (BTC) criticism.On Monday, Tether’s market cap hit $60 billion…

Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments.

Leading mining Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new S17 miners in a news release shared with Cointelegraph.The two new mining ASICs, the S17e and the T17e, will both be launched on Sept. 9. The company claims that both the new models feature improvements, which should translate to higher efficiency, more stable…

It's unclear whether any reported guilty plea from Ryan Salame would have the former FTX Digital Markets co-CEO testify at Sam Bankman-Fried's trial in October. Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly discussing a guilty plea with authorities in the United States.According to an Aug. 8 Bloomberg report, lawyers for Salame…

The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption. 515 Total views 4 Total shares Peer-to-peer (P2P) Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show…

Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer. 116 Total views 2 Total shares Own this piece of history Collect this article as an NFTEthereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs)…

Released in 2017, L.O.L. Surprise doll was MGA’s best-selling U.S. toy property for three consecutive years. 995 Total views 25 Total shares Consumer entertainment products giant MGA Entertainment is moving into the nonfungible token (NFT) industry by turning its best-selling toys into digital collectibles on blockchain.The American toy giant is preparing to roll out an…