Tether selects Arbitrum to power crosschain stablecoin
Valued at more than $141 billion, Tether’s USDt is the world’s largest stablecoin by market capitalization and usage.
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3 reasons why the Bitcoin dominance metric is a flawed indicator
Bitcoin (BTC) dominance has always been one of the first pieces of information displayed on cryptocurrency ranking websites like Coin360 and CoinMarketCap. Although it seems a consolidated and straightforward metric, there's an argument that the market share indicator makes less sense as time goes by.One point to note is the staggering growth of the stablecoin…

NFTs: Overpriced crap or new art history?
It’s been a heady few weeks for commerce and art.Surely a revolution is afoot and we’re too mired in the hot mess to see it right.With that proviso, here are two notes from the front lines. NFTs are cutting-edge, digital art ain’tSome folks say the non-fungible token (NFT) that allows a digital artwork to be…

Web-based YIELD App looks to tackle DeFi’s ‘inherent complexity’
YIELD App launched the public beta of its web platform Friday. Its target audience is retail investors looking for easy exposure to DeFi. 4375 Total views 15 Total shares Retail trading platform YIELD App has launched a beta version of its web platform, giving retail traders direct access to the fast-moving DeFi market. The new platform,…

QuadrigaCX Co-Founder Used User Deposits for His Own Trading, Created Fake Accounts
The deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX was allegedly transferring user funds off the exchange and using them as a security for his own margin trading on other platforms.The news was revealed in the fifth report from court monitor Ernst & Young (EY), filed on June 19 with the Supreme Court of…

Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow. 111 Total views 2 Total shares America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from…

Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer. 327 Total views 4 Total shares The use of cryptocurrency by Hamas militants to fund recent attacks on Israel may have set back Coinbase’s crypto lobbying efforts in the United States

Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.

Crypto Prediction Markets Face Competition From Facebook ‘Forecasts’
Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp. 2555 Total views 20 Total shares Facebook’s research and development engineers have launched a community platform built around predictions, encroaching on the territory of the emerging crypto-powered predictive market sector.Dubbed ‘Forecast’, Facebook’s new iOS app polls…