The U.S. central bank continues inflationary measures to satisfy liquidity demands from lenders, as coronavirus plays havoc with stability. The United States Federal Reserve has funneled the equivalent of half the entire Bitcoin (BTC) supply into the economy — but banks want even more money. As the New York Fed confirmed on its website, so-called…
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After launching Nigerian Naira deposits in October 2019, Binance adds support of NGN as its first African currency for P2P trading. As part of ongoing fiat-to-crypto expansion, major cryptocurrency Binance is adding support for the Nigerian Naira (NGN) on its peer-to-peer (P2P) platform. Binance P2P, a consumer-to-consumer business arm of Binance exchange, is rolling out…
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Major crypto exchange Bitfinex has repaid another $100 million of the loan facility to stablecoin operator Tether. Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether. In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100…
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Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. Binance, one of the world’s foremost cryptocurrency exchanges, now allows deposits in Hong Kong dollars. According to a Feb. 21 announcement, Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. After depositing Hong Kong dollars, users…
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Ukrainian cryptocurrency exchange Kuna has launched a hryvnia-pegged stablecoin, UAX for open beta testing. In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH). Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the…
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The U.S. Office of the Director of National Intelligence is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy. The United States intelligence community is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy, and how best…
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Binance, one of the world’s largest crypto exchanges, plans to further bolster its fiat-to-crypto channels by hiring a former TradingView exec. Binance, one of the world’s largest cryptocurrency exchanges, is planning to further bolster its fiat-to-crypto gateways by hiring a former TradingView exec. Iskander Malikov, a former chief operating officer at major trading chart analysis…
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The United States Marshals Service, a federal law enforcement agency within the U.S. Department of Justice, will auction off 4,040 bitcoins. The United States Marshals Service (USMS), a federal law enforcement agency within the U.S. Department of Justice, will auction more than 4,000 confiscated Bitcoins (BTC). According to the official USMS website, the authority is…
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Deutsche Bank’s research arm issued a report predicting that cash will be around for a long time despite the surge of digital currencies. Cash is unlikely to disappear anytime soon despite declining use as a payment method and the surge of digital currencies, Germany’s largest bank says. Deutsche Bank, a German multinational investment bank that…
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Bitcoin figures continue to highlight the dangers of U.S. economic policy as debt hits record highs of $23 trillion and dollars keep getting printed. The average budget deficit of the United States will “never” be less than $1 trillion per year in the future — or 4.5% of GDP, worrying data on the fiat economy…
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