Tether CEO breaks down reserves backing USDT stablecoin

The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. 209 Total views 4 Total shares New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s…

Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter (OTC) Bitcoin (BTC) trading, Beijing News website reports August 24. The overwhelmingly popular Alipay counted 400 million users as of August 2017, and is run by Alibaba affiliate Ant Financial, which has recently been valued as high…

As global blockchain adoption is accelerating, countries in the Middle East and Africa (MEA) are forecasted to massively increase their spending on the tech in the next few years.According to a new report by United States-based market research firm International Data Corporation (IDC), governments across MEA will see a 400% surge in their investment to…

Italian professional soccer club Juventus has released its own token to enable fans to participate in voting and polling.Following a year-long development, Juventus’ branded token is now available on Socios.com, a tokenized fan-voting platform for sports, according to a Dec. 2 announcement. The token’s initial price is 2 euros ($2.22) per token, while a limited amount…

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…

Cryptocurrency bulls continued to face stiff headwinds headed into the week of March 14 that began with a vote in Europe about whether or not to outlaw proof-of-work cryptocurrencies, which was ultimately rejected. Despite these pressures, however, several cryptocurrency projects have managed to post gains in excess of 20% on Monday thanks to new partnerships and…

ING Bank, AB-InBev, Rolls Royce, and Multi.io joined the Blockchain Education Alliance launched by blockchain accelerator MouseBelt. The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members. Ashlie Meredith, the head of education for MouseBelt Blockchain Accelerator, told Cointelegraph on Aug. 17 that the new members include brewing company Anheuser-Busch InBev,…

Cryptocurrencies struggle to interact with regulatory and financial systems that were not designed for them, but they complement AI.