The news that WisdomTree, a major asset manager with $63.8 billion in assets under its belt, plans to launch a regulated stablecoin — pending approval from the United States Securities and Exchange Commission — could be a significant development. It would bring a unique combination of being an enterprise level and having financial regulatory experience …
Bitcoin (BTC) price sees a tremendous start of the year as it surged 25% year-to-date. Not only has Bitcoin been flourishing over the past few weeks, but altcoins have also been following along. Will Bitcoin continue the upward momentum, or is it a temporary top close? Crypto market daily performance. Source: Coin360 Bitcoin breaks the …
The mean hash rate of the Bitcoin (BTC) network has hit new all-time highs to mark the cryptocurrency’s latest technical achievement, fresh data suggests. Compiled by monitoring resource Glassnode, a new analysis of Bitcoin’s historical hash rate shows that on Jan. 7, the mean value reached 119 quintillion hashes per second — its best ever …
Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied. “We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in …
A company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange. Proof of Trust Ltd did not give any financial details or timetable for the listing, but CEO Dean Armstrong said that the company …
Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments. By the numbers In a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, …
The Prime Minister of the Russian Federation has called on the country to prioritize the development of the digital economy. As domestic news outlet RIA Novosti reported on Jan. 16, Mikhail Mishustin — who was confirmed in the position as the Prime Minister earlier today — noted some key priorities for his work and outlined …
Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts. Instagram says deceptive advertisements have no place on its platform and plans to continue improving its detection protocols for such content. …
Members of the Enterprise Ethereum Alliance (EEA) can now test their blockchain applications within a new testnet, which does not require a full-scale roll-out. In a press release shared with Cointelegraph on Jan. 15, EEA revealed its new partnership with blockchain testing and development firm Whiteblock, through which the EEA will leverage Whiteblock Genesis testing …
The twelfth-largest cryptocurrency exchange, Bitstamp, partnered with cryptocurrency-friendly Silvergate Bank to pilot Bitcoin (BTC) leveraged trading. According to an announcement on Jan. 14, the exchange will serve as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service. During the pilot stage, the exchange will only offer leveraged trading to select institutional customers. …