Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months

The Ether price has held above $1,820 for the past three weeks, despite facing a 13.7% correction between April 18-21. Still, analyzing a broader time frame provides a more constructive view, as Ether (ETH) has gained 20.8% in three months while the S&P 500 stock market index has stood flat. However, according to ETH options…

American cryptocurrency exchange Bittrex has said that claims of North Korean users trading on its platform are false in a tweet on April 22.In the post, Bittrex stated that it had examined two accounts which allegedly belonged to users from North Korea, noting that it had investigated the same accounts back in October 2017. The…

JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients. 420 Total views 3 Total shares Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by Bloomberg. The system, however, won't be available

United Kingdom-based mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities.An Oct. 30 report from Proactive Investors revealed that the firm — which is listed on the main market of the London Stock Exchange —  is poised to increase its current hash power by…

Decentralized finance (DeFi) protocols have gained significant traction in the cryptocurrency sector, with a total value locked surpassing $271 billion, based on data from DefiLlama. One exceptionally popular category of DeFi services is that of decentralized borrowing and lending, where users can pledge their crypto as collateral and take out stablecoin loans (or vice versa)…

By joining COPA, Meta will become one of 30 other businesses that have committed not to enforce their “core cryptocurrency patents.” 309 Total views 10 Total shares The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents accessible to all.Meta, formerly…

Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s remaining assets — specifically, its exposure to crypto options exchange Deribit. In a 1,100-page affidavit composed by liquidator Russell Crumpler and filed in a British Virgin Islands court, 3AC was described…

The new model purportedly offers comparable performance at a fraction of the cost.