Bitcoin
Following heightened volatility risks, MakerDao governance approves the use of USD Coin (USDC) stablecoin as collateral in the Maker Protocol. The deicsion was made with the purpose of reducing liquidity risks. MakerDao Approves USDC Stablecoin as Risks Loom According to a blog post by MakerDao on the matter, “Prior to
Education & News
After scares that Twitter’s new investors (Elliot Management) would oust its CEO, Jack Dorsey, a new report reveals that the investment company reached an agreement with Twitter that will allow the pro-bitcoin CEO to remain as leader of the social media platform. Silver Lake Investment Keeps Twitter CEO in
Education & News
Whales are increasing their holdings of Ethereum (ETH) as data reveals the supply of ETH controlled by the top 100 wallets is almost 25%. Analysts assert that the behaviour is a result of anticipation for Ethereum’s blockchain upgrade, ETH 2.0. Whales Accumulate Ethereum As whales accumulate Ethereum, anticipation
Bitcoin
A recent report by multinational investment bank, JPMorgan reveals that institutional investors are more interested in Bitcoin investment opportunities. JPMorgan Report Highlights Positive Changes for Bitcoin The report shows that Bitcoin’s volatility reduced last year. This presents a positive change for the cryptocurrency, although it is still five times
Bitcoin
The United States Immigration and Customs Enforcement(ICE) makes the existence of a Cryptocurrency Intelligence Program (CIP) public which was in its budget proposal. New Proposal For Cryptocurrency Intelligence Program According to the proposal, The BCSC has developed a Cryptocurrency Intelligence Program (CIP) which identifies unlicensed money services businesses in
Bitcoin
NairaEx launches NairaEx.pro on March 1, an advanced cryptocurrency exchange designed to make trading of cryptocurrencies (BTC, LTC, USDT, ETH) easier, faster, and more secure. NairaEx Launches NairaEx.Pro for Experienced and Beginner Traders Both experienced traders and beginners can use the platform to buy, sell, convert, send, receive
Blockchain
Despite a slowdown in market activities, altcoin Chainlink has been able to pass its all-time high. It currently rests above $4.80 after reaching lows of $3.25 in the recent cryptocurrency market crash. Chainlink Beats Altcoins Chainlink is up 40% despite the recent downturn in growth of the cryptocurrency
Blockchain
Ripple could find itself in deeper waters as a judge in the state of California dismisses its motion to end the XRP securities lawsuit. The $10 billion blockchain giant insists that XRP digital token cannot be considered as a security. Ripple's XRP Tokens Could be Classed as Securities
Bitcoin
With investors and traders worried about the exposure of equity and bond markets to risks related to the coronavirus, more money is being poured into the cryptocurrency markets. At the same time, Bitcoin mining activities slowed down. Coronavirus Scares Grip Bitcoin Miners A reduction in mining difficulty was recorded, suggesting
Bitcoin
Brazil’s government joins a growing number of governments with its new payment system with similar instant-payment benefits to Bitcoin. Brazilian Payment Scheme (PIX) facilitates transactions in 10 seconds or less through different devices. Bitcoin Inspires Brazil Government Users of the system will be able to make transactions using different
Blockchain
Big Investments and Partnerships Digital token issuer and payment facilitator, Ripple finds itself one spot behind Stripe as the second biggest Fintech startup in America. In its climb to the top, the $10 billion organization has invested $500 million in crypto startups as well as established forces like MoneyGram. The
Blockchain
Social messaging giant, Telegram refuses to disclose the details of its spending of $1.7 billion in ICO cash funds to the United States Securities and Exchange Commission. SEC Questions Telegram for Spending of ICO Cash Funds According to SEC, “Defendants are now refusing to disclose the bank records concerning