In digital-asset markets, stablecoins like tether and USDC are supposed to represent $1 of value. But their prices often fluctuate on the pubescent trading platforms of decentralized finance, or DeFi.  So cryptocurrency traders are now apparently devising strategies to profit from slinging stablecoins in these fast-growing but often janky...
The Southern Indian state of Telangana may soon develop and test a blockchain-based electronic voting system to facilitate remote voting.Speaking at a webinar conducted by the Election Commission of India and Tamil Nadu E-Governance Agency, the Principal Secretary of Information Technology Jayesh Ranjan suggested that the state may...
When Avanti Financial hinted at a new bank-issued digital asset late last month, it was scant on details. “Avit has no analog,” Avanti CEO Caitlin Long said at the time. “It is a digital asset. Blockstream is our technology partner. We’re not going to announce anything more than that....
The Bolivarian Council of Mayors in Venezuela signed the so-called "National Tax Harmonization Agreement" for 305 municipalities in the country, including the Petro (PTR) as a means to collect payments of taxes and sanctions.The cryptocurrency is becoming increasingly widely used as the result of a new campaign. According to...
The latest DeFi token to moon is for the decentralized derivatives exchange Serum ,which surged by four figures following its launch and exchange listings.The Serum Project is a new, non-custodial DEX that launched on August 11 and its native SRM token has since surged 1500%. The Serum Project...
Known in the crypto industry for his comments on the burgeoning asset class, former presidential candidate Andrew Yang's name does not appear on the DNC's latest speaker list, according to an article from USA Today. Released on Aug. 10, the current DNC speaker list includes Bernie Sanders and Pete...
As the bitcoin market sees red, DeFi opportunities in stablecoin trading have some borrowing rates exploding to double digits. Bitcoin (BTC) trading around $11,342 as of 20:00 UTC (4 p.m. ET). Slipping 4% over the previous 24 hours.Bitcoin’s 24-hour range: $11,299-$11,943BTC below its 10-day and 50-day moving averages, a...
Ethereum and Bitcoin advocates have engaged in spirited Twitter exchange since Friday to answer an ostensibly simple question: What’s the total supply of ether? It’s not quite clear where the question originated. But providing one agreed-upon value for Ethereum’s native currency, ether (ETH), proved contentious enough to warrant new...
Deribit has started listing ether (ETH) options with strikes above $1,000, and some traders are now betting the cryptocurrency will reach that price by year’s end. Over 3,470 contracts – worth $1.3 million – of ETH 1,120 call options have been traded for December 2020 and March 2021 expiry...
MicroStrategy bets $250 million on bitcoin’s safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook. Top shelfBanks buying“Major U.S. banks might be willing to support cryptocurrency services – with just a bit of additional guidance from the Office of the Comptroller...