Stablecoin transfer volume increased 16x during past 4 years
Increased stablecoin usage could be a sign of growing crypto adoption for a maturing industry.
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Tether Sponsors New Version of Bitcoin Tokenization Layer Omni
Tether, the stablecoin operator behind USDT, has funded the development of the new version of Bitcoin (BTC) tokenization layer Omni.In a press release shared with Cointelegraph on Dec. 15, the companies announce the release of Omni Core 0.7.0, the development of which was sponsored by Tether. The new version reportedly enhances network performance and fixes…

‘No Sign of the Petro Here’: Mystery and Confusion Besets Venezuela’s Crypto ‘Revolution’
Reuters has today, August 30, published an investigative report into Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), attempting to square government claims with facts on the ground and evidence of the Petro’s transaction history to date.Reuters dispatched reporters to the central Venezuelan hamlet of Atapirire, which sits at the heart of the 380-square-kilometer territory that…

Criminal Extradited from Cyprus for Allegedly Stealing Bitcoin
DOJ extradites two criminals, one for stealing Bitcoin, from Cyprus. 2840 Total views 27 Total shares Two alleged criminals, one suspected of stealing thousands of Bitcoin and the other a money launderer with connections to Hezbollah, were extradited from Cyprus, according to the Department of Justice or DOJ.One of the suspects is wanted in Georgia…

Price analysis 8/31: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin (BTC) price has been trying to change course while the S&P 500 is still giving up gains on a daily basis. Even though the United States equities markets have been grinding lower since Aug. 26, Bitcoin has managed to hold on to the $20,000 mark. However, investor interest seems to be shifting away from Bitcoin.…

CFTC Files Lawsuit Against $11M Ponzi-Like Cryptocurrency Scam
The United States Commodity Futures Trading Commission (CFTC) has announced the filing of a civil enforcement action against Nevada-based Circle Society.Defendants guaranteed investors 300% returnOn Oct. 16, the CFTC announced that it was charging Circle Society and its owner, David Gilbert Saffron, with “fraudulent solicitation, misappropriation, and registration violations relating to an $11 million binary…

Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing. 64 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe unsecured committee of creditors and others involved in…

Crypto Exchange OKEx Launches Bitcoin Futures Margined With Tether
Cryptocurrency exchange OKEx has launched Bitcoin (BTC) futures contracts that are margined with the Tether (USDT) stablecoin. OKEx announced the new offering in a press release on Nov. 14.OKEx first announced its intention to launch USDT-settled futures trading with up to 100x leverage at the end of October. Now, after conducting a simulation that began…

OkEx Becomes a Validator in Ethereum 2.0 Testnet
OkEx joins ETH 2.0 Topaz testnet as a validator, as multiple companies race to develop a Phase 0 client before end of 2020. 1887 Total views 47 Total shares OkEx Pool, the staking arm of the OkEx conglomerate, announced that it has joined an Ethereum 2.0 testnet as a Proof-of-Stake validator.As revealed by its April…