Ripple USD stablecoin set for trading debut tomorrow
Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said.
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Enterprise Ethereum Alliance’s Reward Token System Backed by Microsoft, Intel
Microsoft and Intel are backing a new system of reward tokens created by the Enterprise Ethereum Alliance (EEA).EEA creates new reward token systemThe EEA, which sets standards for Ethereum-based blockchain applications in business, shared the developments in a statement with Cointelegraph on Oct. 7.The organization said that it has created a new system of reward…

Brave launches browser-native crypto wallet to combat fake extensions
Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.The company announced to Cointelegraph on Tuesday that it is prepping the official launch of Brave Wallet; a self-custody cryptocurrency wallet built into the Brave desktop browser, enabling users to store and buy cryptocurrencies like…

Analyst says Bitcoin price sell-off may occur as Chinese New Year approaches
On Jan. 29 Bitcoin (BTC) price briefly rallied to $38,500 before retracing the move and spending the majority of the day struggling to reclaim $35,000. The wild breakout in Bitcoin price has partially been attributed to Elon Musk changing his Twitter profile to simply “#Bitcoin,” which Musk subsequently followed up with a cryptic tweet saying “In…

NFT representing 5% of Monaco F1 Delta Time track auctioned for $220K
NFT-powered racing game F1 Delta Time has auctioned off a segment of an in-game track for $222,000. 3072 Total views 14 Total shares A segment of a race track in F1 Delta Time, a non-fungible token-powered motorsports game from Animoca Brands, has been auctioned off for more than 9 million of the company’s REVV tokens,…

DCG reaches ‘agreement in principle’ with Genesis creditors, debtors
The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out. 519 Total views 9 Total shares Digital Currency Group (DCG), a major venture capital firm in the cryptocurrency industry, has reached an agreement in principle with creditors of its crypto lending subsidiary, Genesis.According to a…

Six Months Later, Bitcoin Community Finally Debates How to Activate Taproot
The Taproot conversation is continuing with the Bitcoin community having to decide how to begin the months-long activation process. 1667 Total views 25 Total shares The Taproot upgrade represents one of the most significant developments for Bitcoin’s mainchain in recent months. Despite seeing very little controversy, the community is still debating on the proper procedure…

Taxpayers to avoid obligations by sending mining proceeds to IRAs
The IRS has considered crypto mining revenue as part of taxable income since 2014. 140 Total views 252 Total shares North American mining and hosting firm Compass Mining is offering a new tax avoidance method for savvy crypto miners that file in the United States. In a Thursday announcement, Compass Mining said it had partnered with…

Bullish Bitcoin newsflow gives bulls a boost ahead of Friday’s $565M options expiry
On Friday, June 11, a total of $565 million in Bitcoin (BTC) options are set to expire. This is significant because the last couple of weeks have been a massive deception for bulls. After all, the price was struggling to sustain the $33,000 support.However, an unexpected bullish turn of events led to an 18.5% hike…