Tag: Business

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Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH

The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011. The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011. Gold has risen 22.7% from $1,550 to $1,902…
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Tokenization Holds the Key to Sustainable Platform Business Model Growth

In a global economy becoming more and more digitized, blockchain-based tokenization could become a powerful and even perfect tool. Platform business models have become all but the de facto business model for the digital economy. This dependence means that unsustainable practices of platform business models impact the overall sustainability of the digital economy. Regarding the…
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ETH Activity in Q2 Similar to That Before 2017 ICO Market Boom

New research from Xangle suggests on-chain activity may not be the best indicator to assess Ethereum, after the price failed to rally in Q2. Though some on-chain activity for Ethereum is similar to the conditions before the price rallied to its all-time high in 2018, it failed to demonstrate the same bullish behavior in 2020.…
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Complex Compliances: Checklist for Crypto ATM Operators

Operating a Bitcoin ATM could indeed be a lucrative business endeavor, but it just got a whole lot more complex. The very first Bitcoin (BTC) ATM came to the United States in 2014 to Austin, Texas. This historic event occurred quickly after Canada pioneered the idea in 2013, and the excitement and demand for such…
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Binance Now Sending Out Its Debit Cards

Binance’s move into the payment card space takes flight as cards go out for delivery. After months of waiting, planning and testing, Binance has begun delivering its debit cards to customers. “This started shipping in limited quantities as of yesterday, I heard,” Binance CEO Changpeng Zhao, also known as CZ, said in a July 25…
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For Some Reason, Wash Trading Happens on Decentralized Exchanges Too

Wash trading is happening in some instances on Binance DEX and Loopring, showing that decentralized exchanges are not immune to volume inflation. Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators. Many centralized exchanges have been caught in a peculiar type of manipulation used to…
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A Deep-Dive Into Some of the ZERO Wallet’s Advanced Security Features

Cointelegraph gets techy with CEO Ruben Merre, on some of the NGRAVE wallet’s security advances. From its initial announcement back in April to the $430,000 raised in the recently completed crowd-sale, the NGRAVE ZERO has created huge buzz in the crypto community. Billed as the most secure hardware wallet available, the permanently air-gapped ZERO is…
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OKEx Expands Its Crypto Options to Daily, Two-Day, and Monthly Options

Malta-based cryptocurrency exchange OKEx now features daily, two-day, and monthly options trading for BTC/USD, ETH/USD, and EOS/USD. OKEx, the second largest crypto options trading platform after Deribit, is expanding its options trading types. Starting July 24, OKEx features new crypto options trading opportunities including daily options, two-day options, and monthly options. OKEx now features seven…
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Rumor Has It Polkadot is Preparing to Launch a Token Sale Soon

The Polkadot project appears to be launching its second token sale after a “building with Polkadot” page is published. Persistent rumors on Polkadot channels and groups and a series of forms and NDAs to “build with Polkadot” suggest that the project may soon run a new token sale for its token, the DOT. The purported…
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Analyst: Token Sale Boom Suggests Major Bull Run Has Already Started

Blockfyre co-founder Simon Dedic says that the recent influx of money into the crypto space is evidence that a strong bull market has already begun. Recent months have seen a surge of fresh money entering the crypto markets, from oversubscribed token sales to 100%+ price gains for tokens like Cardano (ADA), Chainlink (LINK) and VeChain…
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