Tether introduces 'Hadron' real-world asset tokenization platform
The Tether-US dollar stablecoin’s market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
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Avara founder backs proposal to offboard Polygon markets from Aave
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.
Number of Americans Owning Crypto Doubled in 2019: Finder
The number of Americans who own cryptocurrencies has almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder.36.5 million Americans own cryptoFinder, an Australia-based financial services firm, has surveyed 2,068 Americans to figure out that 36.5 million people in the United States own some form of crypto to…
Memecoins are like Powerball for crypto fans: Matrixport exec
Memecoin buyers are playing the crypto-equivalent of Powerball — with many "playing" hoping for "life-changing money" yet only a few will walk away with the jackpot, says Matrixport’s head of research.Memecoins have seen a huge resurgence over the last week. Crypto tokens such as Pepe (PEPE) and Milady (LADYS) have boasted staggering price surges despite…
Samsung SDS Partners With Tech Mahindra for a New DLT Product
Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product.To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct.…
Women-led startup to help consumers monetize their data through blockchain
Greta Menzies, the co-founder of Chain Collective, says that blockchain can change the “economics of data between consumers and businesses.” 51 Total views 1 Total shares Web2 lets big tech companies collect consumer data without paying the people behind the statistics. However, the advent of Web3 technologies may change the way data is collected and…
Zero-knowledge scaling tech Plonky goes live on Polygon
The move comes after Polygon allocated $1 billion to the advancement of zero knowledge technology. 847 Total views 29 Total shares On Monday, Polygon (MATIC), a layer-two Ethereum (ETH) scaling solution that is known for its fast transaction times and negligible gas fees, announced the launch of Plonky2, a zero-knowledge scaling technology, claimed to be…
Bitcoin Lightning Network vs Visa and Mastercard: How do they stack up?
Bitcoin (BTC) changed the world as a decentralized and non-governmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders. But, despite this functionality, Bitcoin’s role as a payment mechanism has been called into question due to its low transaction throughput.The Bitcoin blockchain can handle up to seven transactions per second, which means…
Crypto exchange owner gets 10 years in prison for aiding scammers
The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate. 2539 Total views 16 Total shares Rossen Iossifov, the convicted owner of the RG Coins crypto exchange platform has been sentenced to 10 years imprisonment for money laundering.As previously reported by…