Category: Business News

Which Stablecoin Is the Riskiest? The Crypto Market Is Pricing That In

The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat.…

Winklevoss-Backed Stablecoin Soars Above $1 as Tether’s Market Cap Plunges

A second stablecoin has broken its peg with the U.S. dollar – except this one's soaring well above a buck,…

Ethereum Foundation Awards Nearly $3 Million in Startup Grants

The Ethereum Foundation just awarded nearly $3 million in grants to a number of blockchain startups and developers as part…

Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree

Crypto exchange Bitfinex said Monday that withdrawal services are operating "without the slightest interference" – but some of its users…

Sony Builds Digital Rights Management System on a Blockchain

Japanese electronics giant Sony has developed a new blockchain-based digital rights management system that may see commercial rollout. According to…

Crypto Exchange OKEx Lists 4 New Stablecoins

Hong Kong-based cryptocurrency exchange OKEx has announced that it is adding four U.S. dollar-pegged cryptocurrencies to its platform for trading.…

US City Mulls Roll Out of Tougher Rules for Crypto Miners

Plattsburgh, New York, is considering bringing in stricter requirements on commercial cryptocurrency mining farms operating in the city. Patrick McFarlin,…

Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding

Blockchain startup Adhara, which boasts a stellar line-up of former banking innovators, has secured $15 million in new funding from…

PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House

The former architect of China's central bank digital currency (CBDC) initiative has left the position to head the country's central…

Blockchain Refresh: Why KPMG’s New Strategy Focuses on Customs

KPMG has decided to "refresh" its distributed ledger technology (DLT) strategy, according to new U.S. blockchain lead Arun Ghosh, who…

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