OKEx new feature aims to stimulate Dai trading, while statistics show that Tether still controls the lion’s share of the stablecoin market. Malta-based cryptocurrency exchange OKEx has added support for a new feature that allows users of stablecoin Dai (DAI) to earn interest by staking their holdings. In a blog post on Dec. 17, OKEx…
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The amount of Venezuelan bolivars traded against Bitcoin hit another all-time high last week amid hyperinflation in the country. The volume of Venezuelan bolivars traded against Bitcoin (BTC) on the LocalBitcoins platform another all-time high last week amid rampant hyperinflation in the country. According to Bitcoin statistics website Coin Dance, bolivar volumes on peer-to-peer exchange…
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Cryptocurrency-related scams are prevalent among Japanese high school children – but it looks like the nation’s youth is already wise to bogus promises and get-rich-quick schemes. Per Ryuku Shimpo, the education authority of the Okinawa Prefecture last month conducted a survey at 88 high schools in the region – and has discovered that no students…
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State Street Corporation and Gemini cryptocurrency exchange will launch a pilot on digital asset reporting. A new collaboration between financial services firm State Street Corporation and the Winklevoss’ Gemini cryptocurrency exchange will launch a reporting pilot for cryptocurrency holdings under custody. Per a press release published on Dec. 17, the two entities launched a new…
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Regulated derivatives exchange ErisX, backed by major U.S. brokerage TD Ameritrade, is estimated to launch their “Futures Digital Currency Products” today, aiming to capitalize on the rising interest in Bitcoin (BTC) futures among small investors. The exchange’s portfolio currently comprises its Physically Settled Bitcoin derivative. “ErisX’s Read more »Pay/Trade/Buy Bitcoin with Credit Card
A lack of enthusiasm around the Bitcoin price is not all-pervasive, data shows, as interest remains about the impact of next May’s halving. Bitcoin (BTC) investors and mainstream consumers are paying more attention to the cryptocurrency’s block reward halving in May 2020. According to data from Google Trends on Dec. 17, worldwide searches for “Bitcoin…
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Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea to help innovate the city’s sharing economy. Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea, according to a Dec. 17 report from The Investor. The partnership will aim to innovate the city’s sharing economy by means of…
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Algorand, a blockchain network developed by the eponymous American blockchain firm, is expected to upgrade to version 2.0.2 today. Algorand, a decentralized blockchain network developed by the eponymous American blockchain firm, is expected to upgrade to version 2.0.2 today. The upcoming network upgrade is poised to increase the amount of time for nodes to upgrade…
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At least BTC 20,000 (USD 138 million) and ETH 790,000 (USD 104 million) are still waiting to be dumped on the market by the criminals from the “one of the largest Ponzi schemes ever,” PlusToken, according to Chainalysis, a U.S.-based blockchain analysis company. The researchers claim that the thieves have already cashed out c. BTC…
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As new investors enter the Bitcoin and cryptocurrency market, one must have a game plan with clearly defined steps to avoid losing money. Interest in cryptocurrencies has been on the rise throughout 2019 and Bitcoin’s (BTC) impressive 300% rally from $3,130 in February 2019 to $13,800 on June 26 surely had something to do with…
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