Tether to double its workforce to 200 by mid-2025: Report

Huobi Group is jointly developing a new public blockchain for decentralized financial (DeFi) services, according to a press release on July 1.Major global digital asset financial service provider Huobi has partnered with Chinese blockchain startup Nervos enabling companies to deploy their own blockchains, tokenized assets, as well as DeFi services, according to the announcement.The joint…

The monthly RSI of Bitcoin has surpassed 80, which historically led to larger rallies in the past. 387 Total views 3 Total shares The monthly relative strength index (RSI) of Bitcoin (BTC) shows the dominant cryptocurrency is primed for another rally.Is 2021 an ideal time for a Bitcoin rally?The RSI is a momentum indicator that…

IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network. 1034 Total views 11 Total shares Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB.According to a Thursday announcement, Citigroup’s Citi Innovation Labs and the IADB enabled…

Payments company Square has generated $125 million in Bitcoin (BTC) revenue in the second quarter of 2019 through its mobile payments service Cash App.Square released the information in the company’s Q2 2019 shareholder letter on August 1. According to the letter, the company’s Bitcoin revenue benefited in part from the number one  cryptocurrency’s price rally…

Buterin still believes that “the internet of money should not cost more than 5 cents per transaction” and highlighted Ethereum’s continued efforts to improve the blockchain’s scalability capabilities. 1363 Total views 28 Total shares Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being…

The attack caused the unknown trader to lose over 97% of their crypto holdings.

Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue. 551 Total views 1 Total shares Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations.The firm had $5.62 billion

"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau. Bank of France governor Francois Villeroy de Galhau said that Europe should make crypto regulation a priority or risk digital assets challenging its monetary sovereignty.At a Paris Europlace financial conference today, Villeroy…

The 24 licensed crypto exchanges registered a collective average daily transaction volume of near $9.4 billion. 120 Total views 2 Total shares South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission.South Korea is…