Tether USDT’s market share rises 20%, reaching 75% in two years
The world’s largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
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Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
Ether's (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin to test the $1,800 support for the first time since July 2021.Ether/USD 1-day chart at Kraken. Source: TradingViewDue to the volatility in stocks, investors had been seeking shelter in the…
Warp speed to $2,000? Watch these levels as Ethereum nears all-time high
Bitcoin (BTC) is currently approaching $40,000 after seeing massive gains in the first seven days of 2021. This is a 100% move up from the previous all-time high in December 2017. In other words, the price levels it took Bitcoin three years to recoup have now nearly doubled in a matter of weeks.ETH, BTC price…
Much fun, no work: DOGE must ditch meme status to be valued as money
There is no denying the fact that Dogecoin (DOGE) is by far one of the most polarizing crypto projects in the market today. On one hand, many think of the cryptocurrency as largely being a joke that has long overstayed its welcome; however, there also those people — including many celebrities, business moguls, etc. —…
Only 10% of the Bitcoin supply left to mine
Fresh data shows 90% of the total Bitcoin supply is mined, but the rest will take a little longer to produce. 1333 Total views 18 Total shares Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply…
ThorChain loses $7.6M in ‘Chaosnet’ exploit, offers hacker a bounty to return funds
The ThorChain network remains halted after the protocol suffered a hack in which the perpetrator is estimated to have made off with $7.6 million in crypto assets. 339 Total views 1 Total shares Popular cross-chain decentralized exchange, ThorChain, has suffered a multimillion-dollar breach.Estimates as to the scale of the damage vary, with ThorChain revising the…
Complex Compliances: Checklist for Crypto ATM Operators
The very first Bitcoin (BTC) ATM came to the United States in 2014 to Austin, Texas. This historic event occurred quickly after Canada pioneered the idea in 2013, and the excitement and demand for such ATMs have soared across the globe ever since. There are currently over 8,000 BTC ATMs in more than 70 countries…
Bitcoin Is Bad for Payments, But Lightning Solves This: Samson Mow
Blockstream Chief Strategy Officer (CSO) Samson Mow says Bitcoin (BTC) is bad for payments but the Lightning Network solves this.Mow — who is also a co-founder of formerly top cryptocurrency exchange BTCC — made his remarks in an interview for SFOX blog on Aug. 15.Lightning changes the whole equationMow conceded that he doesn’t yet have…
Circle IPO further legitimizes crypto before regulators, outsiders
Circle’s merger with Concord Acquisition Corp, a special purpose acquisition company, or SPAC, values Circle at $4.5 billion, and the combined entity is expected to debut on the New York Stock Exchange under the ticker CRCL before the end of the year.The merger/offering was generally applauded within the crypto industry. Vladimir Vishnevskiy, director and co-founder…