Billionaire investor and blockchain proponent Mark Cuban has been appointed as an advisor to President Trump. The US President announced on Tuesday that he will consult with over 50 prominent executives and leaders, who will form an advisory panel to battle the coronavirus pandemic. Notably, the panel, dubbed the Great Read more…
John McAfee, arch libertarian, tax fugitive and staunch advocate of cryptocurrencies, is offering 101 survival tips in lieu of investment advice during the pandemic crisis. McAfee appeared on the left-wing podcast Aufhebunga Bunga on April 14, in an episode devoted to the political, economic and civic fault lines that have been exposed Read more…
Over the past few months, Tether’s USDT stablecoin has become increasingly important to the crypto market; the asset’s market capitalization has swelled as it has surged in adoption, now amounting for much of Ethereum’s network traffic. Due to the growth, tracking the movement of USDT has given investors novel signals Read more…
In its push for fast development and utilization of blockchain, China has formed a national committee tasked with creating standards for this technology, the members of which include a number of tech giants. China seems to be serious about its blockchain plans. As the country’s next step in the process, Read more…
Vitalik Buterin, the co-founder of Ethereum, voiced a low opinion of the idea of cryptocurrency mining via mobile phones. Tweeting on April 13, Buterin said mining on mobile phones “is a fool’s game,” referring to the announcement by mobile phone manufacturer giant HTC to allow users to mine Monero (XMR) through Read more…
The global economy is estimated to drop by 3% this year, before rebounding by 5.8% in 2021, the International Monetary Fund (IMF) said today, stressing that “this crisis is like no other”. In the past 60 years, the global economy decreased only once. In 2009, when Bitcoin started its journey, the global Read more…
Central banks push for heavy-duty regulation of centralized, privately-issued global stablecoins and consider prohibiting decentralized ones. Fiat-pegged cryptocurrencies are coming under scrutiny, based on recommendations from the Financial Stability Board. The Financial Stability Board (FSB) released a document addressing the regulatory, supervisory, and oversight challenges raised by global stablecoins. The document, although only Read more…
Western Union is not giving up on the potential of cryptocurrency and continues to test the digital asset XRP. According to a 2020 research report from Credit Suisse, the money transfer giant is exploring whether the technology can boost the speed and lower the cost of international payments. Researchers say Read more…
Huobi Group is launching an on-chain analytics tool for the monitoring of illicit cryptocurrency transactions. Huobi’s Star Atlas tool provides a method for tracking on-chain asset flows in real-time. With the launch, Huobi becomes the latest entrant in a market that has primarily catered to governments, law enforcement and financial Read more…
The largest cryptocurrency exchange Binance, announced that it will be offering trading in options exclusively on its mobile app. This news comes after the exchange hinted about testing options trading earlier this month. Binance Launches Bitcoin Options Trading Binance has officially launched options trading on the exchange’s latest version of its mobile Read more…