Tag Archives: cryptocurrency

Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark. Market visualization from Coin360 During the day, BTC has been trading in a narrow corridor between $4,031 and $4,082. At press time, the leading coin is trading at around $4,059, up around 0.62 percent on […]

Japanese Company Launches New Stablecoin Pegged to the US Dollar

Japanese Company Launches New Stablecoin Pegged to the US Dollar

A Japanese company has launched an ERC-20-compliant stablecoin that it says offers “absolute decentralization, maximum security and a reliable source of stability in the face of volatility.” As its name suggests, USDDex is directly pegged to the United States dollar, helping traders to move their money into crypto without exposing themselves to the erratic price […]

Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst

Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst

Bitcoin Cash (BCH), the instantaneous low-cost fork of Bitcoin has gained 24% in value over the weekend and 6% on the daily index. While Bitcoin has been unable to break past the $4100, the alternative Hard Fork seems to be gaining traction. The 24-hour trading volume on BCH also exceeded 500 million dollars in the past […]

Stellar Lumens Is About to Begin Trading on Coinbase Pro

Stellar Lumens Is About to Begin Trading on Coinbase Pro

The Stellar lumen has just become the latest cryptocurrency to be listed on Coinbase’s professional exchange. Coinbase Pro announced Wednesday that it was accepting deposits of XLM, with trading support coming once sufficient liquidity is established. The process will take a minimum of 12 hours, according to a blog post. The cryptocurrency is not yet available on […]

Ex-Bitmain Bitcoin Cash Staffers Form Startup to Lend and Trade Crypto

Ex-Bitmain Bitcoin Cash Staffers Form Startup to Lend and Trade Crypto

Former employees of cryptocurrency mining and manufacturing giant Bitmain who focused on bitcoin cash development are planning a new startup that will offer crypto financing-related services, CoinDesk has learned. According to two sources with knowledge of the matter, the former employees include those from the mining giant’s Copernicus project that was impacted by a company-wide […]

Report: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners

Report: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners

College campuses are the second largest cryptocurrency miners across industry verticals, according to research by tech conglomerate Cisco published in PCMag on March 5. Cisco’s security researchers reportedly investigated cryptocurrency mining activity across various industry verticals. The research was carried out with Cisco’s security product Umbrella, which monitors clients’ network connections to screen malicious activity, including possibly dubious crypto mining. Per […]

Tether to Launch New Version of USDT Stablecoin on Tron Blockchain

Tether to Launch New Version of USDT Stablecoin on Tron Blockchain

Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain. For the effort, Tether is partnering with the Tron Foundation to launch the dollar-pegged USDT stablecoin as a TRC-20 token, the companies announced Monday. TRC-20 is a technical standard used by the Tron blockchain for implementing tokens, similar to and […]

Facebook Plans to Launch Cryptocurrency in First Half of 2019: NYT Report

Facebook Plans to Launch Cryptocurrency in First Half of 2019: NYT Report

Facebook is talking to exchanges about potentially listing a cryptocurrency. That’s the main finding from a New York Times story published Thursday on several efforts to introduce native cryptocurrencies to widely used messaging platforms. The Times reports that Signal and Telegram are also planning to roll out tokens over the next 12 months. Citing “four people briefed […]