USDC overtakes USDT: Compliance is key to stablecoin dominance

If Western sanctions ramp up, CEXs may be forced to ban all Russian users from using their services, as they have previous done in Iran. 581 Total views 26 Total shares Centralized exchanges (CEX) and CEOs from companies such as Binance, Coinbase and Kraken have all stated they would only freeze the assets of Russian clients…

Dollar traders have kept a close eye on a potentially bullish "inverse head-and-shoulders" pattern building in the U.S. dollar index (DXY) chart. Meanwhile, the smell of a stronger greenback is weakening Bitcoin's (BTC) upside case, especially as the flagship cryptocurrency struggles to break out of its current $30,000-35,000 trading range.Three troughs, one price ceilingIn detail,…

Solana's programmable and secure underlying infrastructure is critical for scalable and shareable dynamic metaverse content, according to OTOY CEO Jules Urbach. 48 Total views 1 Total shares Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY’s technology intends to fulfill the promise of…

Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up.In the financial results report, founder and CEO of Nvidia Jensen Huang said that the company’s “near-term results reflect excess channel inventory post the cryptocurrency boom,…

Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions.It said the platform had resulted in faster reconciliation and ambiguity resolution, as well as the significant reduction of paperwork and time required for the entire transaction cycle.Tech Mahindra…

Major gaming company Atari has entered into a license agreement with blockchain startup Animoca Brands to make blockchain versions of two popular mobile games. The news was announced in a press release published Dec. 18.Atari — famous for being the developer of video games such as Tetris and Pac Man — says the rights agreement…

The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants. 3628 Total views 32 Total shares Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a cryptocurrency-supporting digital card.Danal’s crypto wallet Paycoin and…