Category: Tether
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USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020, tether is still a behemoth capturing 76.15%…
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Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind
On November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during the last few months, altcoins are…
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Privacy should be at the core of CBDCs, says Boston Fed research director
Privacy should be a key talking point from the beginning of CBDC development.
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Kucoin Recovers 84% of Funds Stolen in $280 Million Hack
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain tracking, contract upgrade and judicial recovery. As asked by the…
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Bitfinex to compete with DeFi with new borrowing service
Customers can now borrow money from crypto exchange Bitfinex.
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DragonEx resumes withdrawals with a temporary internal token mechanism
DragonEx is introducing a new withdrawal method in an effort to save its business.
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Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched an ERC20 token called USD Coin or…
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Tether market cap surpasses $17 billion, fueling Bitcoin price rally
Bitcoin’s new highs come amid lots of new money pouring in via stablecoins.