Stablecoins

Stablecoins Dominate Currency Pairings for Leading Crypto Assets

Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for…

Blockchain Sleuthing Startup Chainalysis Raises $30 Million Series B

Chainalysis, the cryptocurrency transaction analysis startup, has raised $30 million in Series B funding. The firm will use some of…

Winklevoss Exchange Gemini Shuts Down Accounts Over Stablecoin Redemptions

Two over-the-counter trading desks say their accounts at Gemini, the crypto exchange founded by U.S. investors Cameron and Tyler Winklevoss,…

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

Phil Potter, previously an executive at Bitfinex and Tether, and crypto finance firm XBTO are launching what they describe as a…

Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

A gold-backed cryptocurrency called “PayMon” has reportedly been launched in Iran. According to Financial Tribune, four Iranian banks – Bank…

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its…

$15.4 Billion of New Cryptocurrency Value Was Created During 2018

A report recently published by Diar has estimated that nearly $15.42 billion of value was added to the market capitalization…

The Daily: Crypto Wallet Raises $15 Million, Localbitcoins Suffers Vulnerability

In today’s edition of The Daily we feature another recent example of venture capital infusion into the cryptocurrency space as…

Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

An arm of Tokyo-listed internet group Digital Garage is working with bitcoin infrastructure startup Blockstream to test the issuance of…

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