Tether working with US lawmakers to shape stablecoin policy: report
According to data from CoinMarketCap, Tether has a market capitalization of over $142 billion — making it the largest stablecoin issuer.
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On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital
On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Capital.In a wide-ranging interview with Cointelegraph, Andersson said he thinks the increasing popularity of decentralized spot trading will inevitably lead to outsized demand for decentralized…

S. Korea’s Top Telephone Company Reveals Its Own Blockchain Network
State-owned KT Corporation, South Korea’s largest telephone company, has announced the launch of its blockchain-powered commercial network. The firm has built a blockchain layer on top of its existing nationwide network in order to make it “more secure and transparent,” according to an article by The Korea Herald published Tuesday, July 24. The news outlet…

UN Report: South Korea Hardest Hit By North Korean Cyber Attacks
The United Nations is investigating 35 North Korean cyberattacks across 17 countries, according to a report published Aug. 13 by Associated Press. This follows last week’s leaked summary of the report, stating that $2 billion had been hacked by the nation thus far to fund weapons programs.The majority of incidents being probed were carried out…

Will Bitcoin Price Plunge Again as US-China Trade War Reignites?
The trade war between the United States and China began in January 2018. When tariffs were imposed on Chinese goods in July of the same year, the price of Bitcoin (BTC) plunged 31% from $8,487 to $6,000.Now the U.S. and China are on the verge of reigniting a new trade war as the two nations…

Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021
As 2022 draws closer, some cryptocurrency investment experts are doubtful about whether Bitcoin (BTC) has enough time to hit $100,000 in 2021.Following a major flash crash in the cryptocurrency market, Bitcoin is unlikely to break new all-time highs in the next three weeks and go all the way up to $100,000, according to Bitwise chief…

Bitfinex Bitcoin longs hit 6-month high — Will BTC price follow?
Bullish Bitcoin (BTC) positions using leverage on the Bitfinex exchange surged to their highest level in nearly six months, reaching 80,333 BTC on March 20 — equivalent to $6.92 billion. The 27.5% increase in Bitcoin margin longs since Feb. 20 has fueled speculation that the 12.5% BTC price gain from the $76,700 low on March

Report: Prosecutors Drop Appeal Against Mt. Gox CEO’s Embezzlement Acquittal
Japanese prosecutors have reportedly dropped their appeal to the acquittal of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on March 29.On March 15, the CEO of the now defunct Mt. Gox cryptocurrency exchange was acquitted of charges of embezzlement, but was found guilty of tampering with financial records.According to The Mainichi, prosecutors had…

Bosch teams up with Fetch.ai to launch blockchain and develop Web 3.0 tech
The two companies are cooperating to develop practical use cases for blockchain technology. 4429 Total views 14 Total shares Bosch Group, the global technology supplier, is teaming up with Fetch.ai to launch a multi-purpose blockchain network that can further advance Web 3.0 capabilities like artificial intelligence and the Internet of Things. The blockchain network, which is…