Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil

Still in its infancy, the cryptocurrency market currently only offers a fraction of the trading and investment products available in traditional financial markets. Over the past few years, however, the crypto space has continued to develop with products around Bitcoin (BTC) and other crypto assets, such as BitMEX futures and Deribit options. Mainstream financial entities have…

Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.

Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance. 1024 Total views 36 Total shares ByteDance, the Beijing-based multinational tech group behind Tiktok, is looking into adding banking to its line of products and services. It is currently bidding for a digital bank licence…

A startup launched a leveraged token and a decentralized stablecoin on Rootstock, a smart contract solution based on Bitcoin’s blockchain. A startup has launched a leveraged token and a decentralized stablecoin on Rootstock (RIF), a smart contract solution based on Bitcoin (BTC)’s blockchain.According to an announcement shared with Cointelegraph on April 21, Bitcoin-based decentralized finance…

The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue.

The gulf between users and those who are designing cryptocurrency service platforms must be bridged before the masses will make the leap. 444 Total views 9 Total shares As Bitcoin’s (BTC) price continues to climb ever higher, more and more people are beginning to educate themselves on how they can enter the cryptocurrency market. However,…

At the start of June 2019, reports emerged that Binance DEX’s website was blocking users with IP addresses from 29 countries. This news immediately caused confusion with some commentators, using it as an opportunity to reaffirm their stance that Binance DEX is not truly a decentralized exchange (DEX).However, as it turned out, the initial reports…

It's dog-eat-dog for the return to all-time highs between Bitcoin and Ethereum, the latest data suggests. 434 Total views 6 Total shares Ethereum‘s native Ether token (ETH) may beat Bitcoin (BTC) to new all-time highs, fresh analysis reveals.In a tweet on Aug. 18, Ki Young Ju, CEO of on-chain analytics service CryptoQuant, highlighted a “sell-side…