USDC issuer Circle adds Arbitrum to Web3 platform
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.
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Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally
Bitcoin has surged past $65,000, boosted by China’s stimulus measures and stablecoin inflows.
Crypto News From Japan: Sept. 22–29
In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, Bitflyer adds the Ether (ETH)/yen pair to its trading platform, the official website Ethereum.org adds a Japanese language version, while Monex CEO Oki Matsumoto says that Facebook opened Pandora’s box with its stablecoin project, Libra.Here is the past week of cryptocurrency and blockchain news…
Crypto markets rally, but Ethereum struggles to keep pace with Bitcoin
ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print.
Billions and Billions: How Brands Take Blockchain From Niche to Normal
Dapper Labs – the company behind CryptoKitties – has a simple mission. They want to introduce a billion people to blockchain.“The reason we decided to go for entertainment — specifically games — is because we felt that it’s just a much easier way to introduce folks to decentralization,” explains co-founder Mik Naayem. “Gamers are the…
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers. 274 Total views 3 Total shares Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to
Coinbase acquires crypto wallet provider BRD’s team as utility token price surges 500%
“Nothing will change in the BRD wallet app and as always, your funds are safe and secure,” said BRD CEO Adam Traidman and co-founder Aaron Voisine. 1402 Total views 28 Total shares Crypto wallet provider BRD said “nothing will change” for users following an acquisition from major U.S. crypto exchange Coinbase.In a Wednesday letter to…
DeFi Boom: Balancer Echoes Compound With 235% Spike on First Day
DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs. 844 Total views 26 Total shares Decentralized finance (DeFi) tokens from Balancer, Ben, Aave and Swissborg have all made huge gains, in the wake of excitement generated by the distribution…
FTX’s Bankman-Fried remains cautious about nascent NFT space
The prominent crypto mogul highlighted the rapid adoption of nonfungible tokens as a potential cause for investor caution. 782 Total views 144 Total shares In an interview with CNBC’s Street Signs Asia released Tuesday, Sam Bankman-Fried expressed optimistic caution surrounding the pace of nonfungible tokens’ (NFT) growth over the last year, warning investors that they…