Stablecoin competition heats up as MEXC invests $20M in Ethena’s USDe
USDe is a synthetic dollar stablecoin that has nearly $5.9 billion in circulation.
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Singaporean Exchange Bitrue Gets Hacked, Losing $5 Million in XRP, Cardano
Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange published as a twitter thread on June 26.At the time of the breach — 1 a.m. GMT+8 June 27 — the stolen…
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Top Coins Continue to Decline, Bitcoin Drops to $8,300 Threshold
Friday, Oct. 11 — Major cryptocurrency markets have continued sliding over the day, with only three coins in the top-20 list reporting gains.Cryptocurrency market daily overview. Source: Coin360The top cryptocurrency Bitcoin (BTC) is trading at around $8,355, having lost 2% on the day at press time. The majority of the decline took place over a…
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OKX joins Komainu and CoinShares for institutional segregated asset trading
Sebastian Widmann, head of strategy at Komainu, believes this is a necessary step to attract institutions to adopt digital assets. 248 Total views 2 Total shares Crypto exchange OKX has partnered with custody provider Komainu and asset manager CoinShares to facilitate round-the-clock trading of segregated assets to push institutional adoption of digital assets forward.According to
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MEP Kaili: Banks Can’t Stop Us From Using Blockchain
A Greek member of the parliament (MEP) of the European Union, Eva Kaili, declared that central banks have too much control over people’s deposits, according to a post published on Ripple’s blog on Feb. 8.According to the post, Kaili made the comments at the Ripple Regionals event in London last week. The MEP said that…
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Ethereum network congestion temporarily shuts down crypto gaming casino
FunFair Technologies-owned KingTiger Casino is now on the lookout for new solutions for hosting “a new range of features and games” for its participants. 732 Total views 206 Total shares Congestion on the Ethereum network has forced an online casino to close shop. The development came into light after KingTiger Casino’s official website announced the…
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CMT Digital Head Says BTC Trading Still Strong Despite Global Conditions
Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen.“Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. “Volatility and volumes saw an uptick as BTC sold off with the traditional markets…
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Network states will one day compete with nation-states — Web3 exec
Dr. Petty told Cointelegraph that blockchain technology is already eating away at small parts of incumbent governance structures.
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Copernic Space and Lunar Outpost target space commercialization via NFTs
Both companies are offering companies and individuals the chance to buy space on a lunar lander in the form of nonfungible tokens. 236 Total views 14 Total shares Copernic Space and Lunar Outpost are set to launch a public sale for tokenized payload space in a lunar lander headed for the moon in Q4 2022.According…