How stablecoins improve US dollar utility — Paxos CEO

Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors.The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi Alliance, Hashed, and a number of individuals such as Alan Howard, co-founder of…

While Bitcoin (BTC) has been in the spotlight since the start of the year, and even more so given the recent $1.5-billion Tesla purchase, Ether has not been lagging behind. Ether (ETH) is currently sitting at $1,800, and its network has now processed over 1 billion transactions, mostly on the back of the DeFi sector…

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Experts from Xrplorer say that a fake XRP giveaway scam emerged in January 2020 and remains alive. Cryptocurrencies forensics experts from Xrplorer warned on June 15 of an elaborate phishing scam where hackers try to steal the secret keys of XRP users, under the false premise that Ripple is giving away tokens.According to the report,…

Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation. 572 Total views 7 Total shares United States’ city of Jackson, Tennessee, continues exploring a potential dive into cryptocurrencies, now looking to accept Bitcoin (BTC) for property tax payments.Jackson Mayor Scott Conger announced late Thursday that…

This is Part Two of a multipart series on blockchain and crypto in China. Read Part One about the digital yuan here. When Satoshi Nakamoto introduced the Bitcoin (BTC) white paper over a decade ago, it was hard to imagine what role the cryptocurrency sector would play in global finance. Some argue that the invention of…

Adding to a lengthy list of departures last fall, telecom giant Vodafone has departed the Libra association, a spokesperson from Vodafone confirmed to Cointelegraph in an email on Jan. 21, 2020. The representative said:“Vodafone Group has decided to withdraw from the Libra Association. We have said from the outset that Vodafone’s desire is to make a…

Bitcoin’s (BTC) 43% rally from $29,482.61 on July 21 to $42,316.71 on July 30 has invigorated the bulls who had been sitting on the sideli. After the sharp rise, some analysts are debating whether Bitcoin could repeat its sharp bull run seen in 2013 and 2017.Vailshire Capital founder and CEO Jeff Ross highlighted that Bitcoin…

The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great group to help steer the success of this enterprise.” 269 Total views 4 Total shares United States-based trade group Blockchain Association announced Monday that it had formed a political action committee, to be called BA…