Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach

Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures.The news was reported by local media agency Punch on April 7.According to the report, the Nigerian non-profit organization United Global Resolve for Peace (UGRP) filed a petition on…

Meetings between asset managers and the SEC intensified over the previous weeks, with Gary Gensler's team meeting with BlackRock and Hashdex representatives. The Securities and Exchange Commission (SEC) has held a new round of discussions with asset managers proposing a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, this time with officials from

Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin (USDC) for the second time, according to a company blog post Dec. 18.USD Coin — an ECR20 token first announced this May and released in September — is one of a swathe of new stablecoins notionally collateralized 1:1 by a major…

Monday, Feb. 4 — crypto markets have continued trading sideways over the past 24 hours, while Bitcoin (BTC) has been reasonably stable over the past 7 days, according to data from CoinMarketCap.Market visualization from Coin360The major cryptocurrency Bitcoin is up around 0.2 percent over the past 24 hours, and is trading at $3,470 as of…

The Bitcoin price increased by more than 10% in a 24-hour span, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC is showing all three signs that the upsurge was a bull trap.Negative futures funding rate before the rally, altcoins failing to front-run Bitcoin, and the BTC price running into a…

During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. 3042 Total views 20 Total shares During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour.When speaking at event on July 7, Škvorc explained in detail how…

“This campaign aims to educate and inspire the investment community to take action and make their voices heard on this historic decision,” said Michael Sonnenshein. 111 Total views 52 Total shares As the U.S. Securities and Exchange Commission is considering whether to approve or deny asset manager Grayscale’s application for a Bitcoin spot exchange-traded fund,…

Some people predicted that crypto assets were going to be a fad that would quickly come and go. But in just a short time, we’ve seen crypto assets become the focus of new innovation. Cryptocurrencies have offered value exchange, the ability to generate income, and a viable investment option. Young companies are turning away from…

Trezor wants to respond quickly to demand-triggering events like the FTX collapse by taking control of wallet chip production. 465 Total views 1 Total shares Own this piece of history Collect this article as an NFTHardware wallet manufacturer Trezor is accelerating the production of new Trezor wallets by producing its own wallet silicon chips.Trezor officially…