Stablecoins essential for US dollar’s future, says Paxos CEO

Bitcoin (BTC) proponents have ridiculed one of the cryptocurrency’s most infamous critics after he delivered a highly bearish price prediction.In a Twitter debate on Nov. 21, commentators joined forces against Peter Schiff, who claimed BTC/USD was set for a dive as low as $1,000. Schiff: $1,000 would “complete the pattern” for BTCArguing current price action correlated…

Africa’s largest country has welcomed its first Bitcoin ATM.Blockstale BTM, the company that installed the ATM in the Dazey Lounge and Bar in Lagos state, plans to launch more than 30 more terminals across Nigeria.“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in Africa,” Blockstale’s chief…

Technology is changing fast, but the role of the central bank stays the same, Williams tells an audience of officials, scholars and financial industry leaders. 604 Total views 6 Total shares Get ready for a fundamental change in money and payments, John Williams, president and CEO of the Federal Reserve Bank of New York, told…

Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed.

Following Vitalik Buterin’s call for more social application use cases on Ethereum earlier this summer, multiple crypto companies voiced intentions to build decentralized versions of mainstream social networks like Twitter. However, to create and view crypto-centered social platforms as merely decentralized versions of Twitter is shortsighted. The moral and technical implications of creating truly decentralized…

Hundreds of surveyed women ranked their attraction to male hobbies, and crypto polled laughably low on the “attractive” meter.