StableCoin

Bitcoins Trade Volumes in Argentina Hit New ATH on LocalBitcoin (insidebitcoins.com) 12/10/2019 - 1:04am
Just like quite a lot of other countries on its continent, Argentina has a lot that Bitcoin could help it with. Thankfully, a lot of the country’s citizens have noted this, and are beginning to adopt it. Adoption on the Rise Fresh data from market aggregator Coin Dance has shown that the volume of Bitcoin traded on popular peer-to-peer...
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MakerDAO proposes new security feature to prevent losing all its collateral to hackers (theblockcrypto.com) 12/09/2019 - 5:44pm
The Maker Foundation has added a new poll to its governance portal aiming to introduce a 24-hour governance delay to its protocol after a community member flagged a loophole that can potentially compromise the system's $340 million worth of ETH collateral. On Monday, freelance developer Micah Zoltu published a blog post warning the public of a...
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A blockchain firm advised by Nobel laureate Myron Scholes just launched a rival to Facebook's libra (msn.com) 12/09/2019 - 4:05pm
Like libra, SGA features the characteristics of a so-called stablecoin, which seeks to avoid the volatility of cryptocurrencies like bitcoin. Saga says it can stabilize the value of SGA with smart ...
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Tether Mints 200,000,000 USDT As Crypto Whales Move 2,811 BTC and 38,000,000 XRP (dailyhodl.com) 12/09/2019 - 1:32pm
Whale watchers are eyeing Tether, Bitcoin and XRP to try and figure out if recent activity offers any insight into where the crypto markets will head next. Traders briefly got excited on Monday as the stablecoin company Tether issued 200,000,000 USDT. 200,000,000 #USDT (200,836,214 USD) […] The post Tether Mints 200,000,000 USDT As Crypto Whales...
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Huobi US Closes Doors After Weak Demand (bitcoinist.com) 12/09/2019 - 11:51am
The US partner of the Huobi exchange has decided to fold its business, due to low demand and liquidity. The HBUS platform will stop its operations after December 15. Huobi US Failed to Spark Trading Interest HBUS, the platform that was supposed to replace the international Huobi service for US traders, was launched just months ago. HBUS encouraged...
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Ethereum Istanbul Hard Fork Get Support From Major Crypto Exchanges (cointelegraph.com) 12/09/2019 - 11:24am
While the Poloniex exchange has announced their support on twitter. Bitfinex, the cryptocurrency trading firm with close ties to stablecoin operator Tether, also announced on Dec. 6 that it planned to ...
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Digibyte Founder Brands Crypto Exchanges as Greedy and Corrupt (insidebitcoins.com) 12/09/2019 - 10:57am
Jared Tate, the founder, and developer of crypto-asset Digibyte, is taking his fight with several popular cryptocurrency exchanges, as he has gone on a new tirade against the primary asset custodians. On December 6, the crypto developer took to Twitter to vent his frustrations at crypto exchanges, calling them greedy market disruptors who have...
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Mining Equilibria (XEQ) Using the Cryptonight-GPU Algorithm (cryptomining-blog.com) 12/09/2019 - 6:57am
Equilibria (XEQ) is an interesting mineable crypto project, a relatively new one, that gives the ability to the owners of XEQ to issue $USDE – a stablecoin redeemable for $1 equivalent of Equilibria… the so called private and decentralized dollar. It is an interesting alternative to the traditional stablecoins we know and use in the world of...
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U.S. Dollar Czar: “No Need” for Fed Issuing Digital Dollar in Next 5 Years (blockonomi.com) 12/09/2019 - 5:42am
In recent weeks, there has been growing talk among influential U.S. figures concerning the prospects of “digitizing” the dollar via blockchain technology. Yet there are two major American officials who have once again said they are decidedly skeptical of a digital dollar any time soon: Secretary of the Treasury Steven Mnuchin and Federal Reserve...
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China’s Digital Yuan Could Outperform Libra, PayPal and Thrash Bitcoin’s Speed (coingape.com) 12/09/2019 - 2:34am
It is widely reported that China is close to launching the Digital Yuan in their Renminbi internationalization drive and to minimize their dependence on the US Dollar. Now, according to recent reports, it is said that the People’s Bank of China (PBOC) issued coin, which will in no way resemble Bitcoin, will have a superior throughput, processing...
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Istanbul Ethereum Fork Imminent, IRS New Crypto Form, BIS Embraces Digital Currencies (coinspice.io) 12/07/2019 - 3:05pm
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Istanbul Ethereum Fork happening today. New IRS form inquires about cryptocurrency purchases and sales. Bank of International Settlements (BIS) wants central banks to go digital to stay relevant. Coinbase Card introduces DAI as the first stablecoin on the platform. Zcash...
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EU: No “Stablecoin” Cryptocurrency Should Operate in Europe Until Risks Addressed - Crowdfund Insider (crowdfundinsider.com) 12/07/2019 - 12:57pm
EU: No “Stablecoin” Cryptocurrency Should Operate in Europe Until Risks Addressed Crowdfund Insider
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Coinbase Card Now Supports DAI Stablecoin (dcebrief.com) 12/07/2019 - 12:35pm
Coinbase announced this week that Coinbase Card now supports the DAI stablecoin, providing card users with “a cryptocurrency with stable purchasing power.” In a blog post announcing the move, Coinbase ...
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EU: No “Stablecoin” Cryptocurrency Should Operate in Europe Until Risks Addressed (crowdfundinsider.com) 12/07/2019 - 3:57am
Stablecoins are a type of cryptocurrency designed to maintain a stable value. They often mimic real-world currencies such as USD, yen or yuan and are being used now for cross-border payments, often ...
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DAI is now a Supported Asset on the Coinbase Card (themerkle.com) 12/06/2019 - 2:55pm
Coinbase continues to explore its options in the cryptocurrency space. That also includes adding support for digital assets in any way possible. As far as the Coinbase Card is concerned, it has now received DAI stablecoin functionality. A Different Asset for the Coinbase Card It is the first time any stablecoin is supported on this payment card...
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Introducing DAI, the first stablecoin on Coinbase Card (blog.coinbase.com) 12/06/2019 - 12:51pm
submitted by /u/BoyScout22 [link] [comments]
blog.coinbase.com, Coinbase, Coinbase, Dai, https://www.reddit.comCryptoCurrency, Reddit.com, Stablecoin, StableCoinhttps://www.reddit.com/r/CryptoCurrency/comments/e71yzv/introducing_dai_the_firs…
Coinbase Card Rolls out DAI as First Supported Stablecoin: Official (cointelegraph.com) 12/06/2019 - 10:47am
DAI is the first stablecoin supported by Coinbase Card, the exchange announced
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Coinbase Debit Card now supports stablecoin DAI (thecoinrise.com) 12/06/2019 - 10:45am
Coinbase has announced today that MakerDAO’s Ethereum-based DAI has become the first stablecoin fully supported by its crypto debit card, Coinbase Card. According to an official blog post , this new edition is primarily aimed at users who want to experience and spend cryptocurrencies without the crazy price fluctuations that typical...
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Coinbase’s Visa Debit Card Adds Support for Stablecoin DAI (cryptoglobe.com) 12/06/2019 - 10:25am
On Friday (December 6), Coinbase announced that Coinbase Card now supports stablecoin DAI.
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Coinbase’s Visa debit card adds support for DAI stablecoin (theblockcrypto.com) 12/06/2019 - 9:25am
Cryptocurrency exchange Coinbase’s Visa debit card offering has added support for ethereum-based DAI stablecoin. Announcing the news Friday, Coinbase Card said DAI is the first stablecoin added to its offering. The debit card, launched this April, allows customers in the UK and EU to spend their cryptocurrencies directly from their Coinbase...
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Senior Financial Regulators: Warn of Crypto Stablecoin Threat to Economy (blockonomi.com) 12/06/2019 - 8:39am
Over the past three to four years, stablecoins , crypto assets tied to a stable asset (usually the U.S. dollar), have made a strong entree into the blockchain scene. Since their introduction, this subset of crypto assets has exploded, seeing mass adoption across blockchains and by firms across the ecosystem. In fact, the aggregate value of all...
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Algorand Launches Advanced Smart Contract Features Amid DeFi Race  (oracletimes.com) 12/06/2019 - 8:33am
Algorand has announced several new advanced smart contract features on its permissionless, pure proof-of-stake (PPoS) blockchain on the heels of its Transparency Report and inaugural BLS Library release . The news encompasses stateless smart contracts, atomic transfers, and standardized assets embedded into Algorand’s on-chain (layer 1)...
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European Union Makes Its Position on Global Stablecoins Clear (coinspeaker.com) 12/06/2019 - 7:14am
Coinspeaker European Union Makes Its Position on Global Stablecoins Clear The European Union has finally made its position clear on the issue of global stablecoins being deployed and used within its borders. The Council and the Commission explained their position in a joint statement . While the authorities acknowledged the importance of...
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Venture Capitalists Have Invested Over $200M in Stablecoins (news.bitcoin.com) 12/06/2019 - 7:00am
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses Crypto and Central Bank Digital Currency A Stable...
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Mnuchin, Powell see no need to issue digital dollar ‘in the next 5 years’ (theblockcrypto.com) 12/06/2019 - 6:35am
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell are not keen on issuing a digital dollar. “Chair Powell and I have discussed this at length- we both agree that in the near future, in the next five years, we see no need for the Fed to issue a digital currency,” Mnuchin said Thursday at a House Financial Services...
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Sibex Taps Paxos’ Gold-Backed Token to Facilitate OTC Trading (financemagnates.com) 12/06/2019 - 6:30am
Sibex, the Zug-based provider of a decentralized cryptocurrency-trading platform, has teamed up with stablecoin issuer Paxos to facilitate peer-to-peer OTC trading using its bullion-backed crypto ...
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Anti-crypto Congressman Brad Sherman elected to chair Subcommittee on Investor Protection (theblockcrypto.com) 12/06/2019 - 5:00am
U.S. Congressman Brad Sherman (Democrat-California), who once called for a blanket ban on cryptocurrency buying, has been elected as chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. The House Financial Services Committee announced the news Thursday, saying that Sherman has been elected by the Democratic...
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Coinbase’s Visa debit card adds support for DAI stablecoin (finance.yahoo.com) 12/06/2019 - 1:34am
Cryptocurrency exchange Coinbase’s Visa debit card offering has added support for ethereum-based DAI stablecoin. Announcing the news Friday, Coinbase Card said DAI is the first stablecoin added to its ...
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Europe says no to stablecoins until grey areas are gone (telecoms.com) 12/05/2019 - 11:56pm
Cryptocurrencies can then be linked to the stablecoin, in an effort to reduce price volatility. With a lack of understanding in the cryptocurrency market today, losses can be extraordinary, evident by ...
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Coinbase Introduces First Stablecoin on Coinbase Card “DAI” (crowdfundinsider.com) 12/05/2019 - 11:22pm
Cryptocurrency exchange platform Coinbase announced on Friday the introduction of the first stablecoin for Coinbase Card. The platform reported that it has launched full support for the digital ...
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Move over Libra, DAI stablecoin comes to Coinbase's debit Card (mashable.com) 12/05/2019 - 9:59pm
If you're not yet familiar with the concept of stablecoins, better get up to speed, because this special type of cryptocurrency will become very important very soon. Case in point: Crypto exchange ...
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China’s crypto-yuan could be too big for blockchain: Report (bitcoinwarrior.net) 12/05/2019 - 9:13pm
The latest edition of the China Blockchain Report outlined China’s blockchain vision and the PBoC’s race against Libra, the proposed stablecoin project from Facebook. The report stated that China ...
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EU Won’t Let Stablecoins Enter Market Until Risks Are Addressed (cointelegraph.com) 12/05/2019 - 4:01pm
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
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EU Won’t Let Stablecoins Enter Market Until Risks Are Addressed (bitcoin.worldnewsoffice.com) 12/05/2019 - 3:48pm
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
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Govt Report: Stablecoin Adoption Could Pose Risk to U.S. Economy (dcebrief.com) 12/05/2019 - 1:41pm
The warning appeared in a section of the report covering financial innovation like cryptocurrency. According to FSOC: If a stablecoin became widely adopted as a means of payment or store of value, ...
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EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky (pymnts.com) 12/05/2019 - 1:23pm
The risks raised by stablecoin arrangements should be subject to clear and proportionate regulatory and oversight frameworks,” the statement said. As a cryptocurrency, Libra is considered a stablecoin ...
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MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race (bitcoin.worldnewsoffice.com) 12/05/2019 - 12:55pm
On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology.
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This Cryptocurrency Seems Designed For A Post-State Society (cointelegraph.com) 12/05/2019 - 12:35pm
Upstart crypto company Saga wants to issue a new global currency on the blockchain. Just don’t call it a stablecoin. Saga’s SGA digital currency relies on an international reserve asset called Special ...
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Crypto Exchange Catastrophe: Poloniex Spin Out Leaves Investments Spinning At Circle (newsbtc.com) 12/05/2019 - 12:00pm
This past October, the Boston-based, Goldman Sachs-backed financial services company Circle, announced that it would “spin out” crypto exchange Poloniex into its own company, selling it to an investment group with backing from Tron founder Justin Sun. Since the spin-out, the two brands have seemingly spun out of control, with Poloniex causing a...
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MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race (coindesk.com) 12/05/2019 - 11:41am
On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology.
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Bitcoin flash crash to $700 on Binance caused by failing stablecoin (finance.yahoo.com) 12/05/2019 - 11:01am
Yesterday, an order to sell 8 bitcoin (BTC), worth $60,000, tanked the price of Bitcoin on a single trading pair on crypto exchange Binance. It was either a fat-fingered mistake or there were more ...
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Crypto Exchange Gemini Burns 20% of Stablecoin GUSD’s Supply (thecoinrise.com) 12/05/2019 - 10:26am
The Crypto Exchange Gemini, owned by Tyler and Cameron Winklevoss, has burned roughly 20% of the total supply of its Gemini Dollar (GUSD) stablecoin. The move was spotted by Whale Alert , a Twitter bot tracking large transactions on the blockchains of some of the most popular cryptocurrencies. The token burn is likely related to an institution...
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Crypto Exec Defends Tether, Says USDT is Legit & Did Not Manipulate Bitcoin Price (blockonomi.com) 12/05/2019 - 9:42am
Tether has long been a controversial player in the cryptocurrency community. The operator of the USDT stablecoin, closely affiliated with Bitcoin exchange giant Bitfinex, has long been accused by members of the community of artificially manipulating (specifically pumping) the price of BTC. While this theory has gained traction in the industry by...
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Bitpanda Ecosystem Token: Recap #2 (blog.bitpanda.com) 12/05/2019 - 9:41am
Welcome to the second instalment of the Bitpanda Ecosystem Token Recap. In this series, we update you regularly about news related to BEST, statistics and trading fees.But before we get into the stats, let’s talk features. BEST users get 25% off trading fees, plus a guaranteed €0.12 minimum value for trading fees. This means that currently, you...
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Ambassador for Bitcoin? Bakkt CEO Turned Senator Heads to U.S. Capitol (blockonomi.com) 12/05/2019 - 9:23am
In a surprising development for the cryptocurrency ecosystem, Bakkt chief executive officer Kelly Loeffler is officially heading to Capitol Hill. The move comes after reports first broke last week that Georgia Governor Brian Kemp was considering Loeffler to fill a vacant U.S. Senate seat in the state. That reporting ended up being on the money, as...
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Central Bank of France Has Digital Currency Trials Planned for 2020 (blockonomi.com) 12/05/2019 - 9:18am
France’s top public banker has confirmed the nation’s central bank intends to trial a digital currency in 2020, a reality that puts the European power on pace to be one of the first country’s in the world to do so. In remarks given at an French Prudential Supervision and Resolution Authority (ACPR) event on December 4th, François Villeroy de...
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Bloomberg Research Sees Bitcoin Back to $10k Soon (beincrypto.com) 12/05/2019 - 8:08am
A recently released research paper from Bloomberg has painted a positive picture for Bitcoin heading into 2020. The key takeaways being that the major cryptocurrency should top $10,000 soon and that it will also follow a similar path to gold — which is in an upward trend, currently. Bloomberg’s Bitcoin outlook for next year has highlighted...
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