Tagged: usdt

February 26, 2021 @ 12:07 pm By Omar Faridi  |  

LocalBitcoins, a peer to peer BTC exchange service, notes that Bitcoin is “swooping” over the world and Asia is now at “the center” of all the action. LocalBitcoins writes in a blog post that this should come as no surprise given all the opportunities Bitcoin… Read More

February 25, 2021 @ 2:37 pm By Omar Faridi  |  

Tim Frost, CEO at YIELD App, which is a comprehensive Fintech app offering a wide range of DeFi services and new investment strategies, has shared his views and insights regarding the recent trading frenzy that was initiated by a group of armchair investors via Reddit… Read More

February 10, 2021 @ 8:54 pm By Omar Faridi  |  

Crypto-asset savings platform ICONFi has introduced its mobile app on Android and iOS. As confirmed in a release shared with CI, available globally, ICONFi aims to offer simple, flexible, and fixed earning products that allow investors to grow and diversify their digital asset holdings. The… Read More

February 6, 2021 @ 2:37 pm By Omar Faridi  |  

On Thursday (February 4, 2021), an unknown entity reportedly stole $2.8 million from a shared digital or online vault via the investment platform Yearn.Finance. The hacker(s) exploited the vault using Aave, a decentralized finance (DeFi) platform that lets investors make flash loans. These DeFi solutions… Read More

December 10, 2020 @ 9:26 pm By Omar Faridi  |  

High-performance blockchain platform Ontology has introduced an “Inclusive Pool” – which is the platform’s first (decentralized finance) DeFi product based on OScore. Since recently launching OScore, the “decentralized” credit system implemented on Ontology’s DeID, the team at Ontology has been working towards adding a new… Read More

October 14, 2020 @ 6:40 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, has again surged past the $11,000 mark as US stimulus talks begin and institutions start to allocate more funds to the leading digital asset. As noted by the OKCoin team, Bitcoin has managed to break out this past week, after… Read More

October 5, 2020 @ 10:45 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has confirmed that it’s been a month since it launched Binance Liquid Swap. The exchange also revealed that the platform is now hosting over $128 million worth of stablecoins, as of October 3, 2020. The Binance team further… Read More

September 15, 2020 @ 6:06 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, will be offering cryptocurrency futures contracts for Elrond (EGLD), the native token of a “highly” scalable, fast and secure blockchain platform for creating distributed apps; and Sola (SOL), the native digital currency of a “decentralized” social platform developed… Read More

September 7, 2020 @ 10:25 am By Omar Faridi  |  

The Bitcoin Mercantile Exchange (BitMEX), a leading cryptocurrency derivatives trading platform, will be offering four new altcoin/USDT underlying “quanto” futures contracts for EOS, Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). These new contracts are being introduced in order to expand the exchange’s existing altcoin (or… Read More

September 7, 2020 @ 9:43 am By Omar Faridi  |  

Huobi Global, a leading digital asset company, will be launching a decentralized finance (DeFi) mining campaign with Phase I, which will involve staking Huobi Token (HT) and the Huobi Pool Token (HPT). Huobi noted that users may stake tokens so that they can share mining… Read More

August 27, 2020 @ 9:00 am By Omar Faridi  |  

Delta Exchange, a cryptocurrency derivatives trading platform that’s not regulated in any jurisdiction, revealed on August 27, 2020, that it will be offering calendar spread contracts on Bitcoin (BTC) futures. Calendar spread trading for Bitcoin or BTC futures is scheduled to begin on Delta Exchange… Read More

August 16, 2020 @ 7:52 pm By Omar Faridi  |  

The number of transactions conducted on the Ethereum (ETH) blockchain have increased by over 2x in 2020, when compared to last year. The world’s second-largest blockchain (behind only Bitcoin) is now handling around the same number of transactions as it did back in January 2018,… Read More

August 8, 2020 @ 6:52 pm By Omar Faridi  |  

Jay Hao, CEO at OKEx, one of the world’s largest cryptocurrency exchanges, notes that the US dollar “drop” and the Bitcoin (BTC) surge recently occurred at the same time. Hao points out that there’s been a regular downward adjustment of interest rates on US Treasury… Read More

August 3, 2020 @ 7:23 am By Omar Faridi  |  

The overall performance of the nascent cryptocurrency market during Q2 2020 was not as good as it was when compared to the previous quarter. According to Token Insight, the main reason for the relatively poor performance this past quarter may be attributed to very little… Read More

July 31, 2020 @ 11:02 pm By Samantha Hurst  |  

Digital assets exchange OKEx announced on Friday it held its latest Trading Contest last week with one of CoinList’s largest-ever ICO tokens, Filecoin (FIL), and a total prize pool of 50,000 USDT. OKEx reported that starting at 9:00 am UTC on July 23rd and running for one… Read More

July 28, 2020 @ 11:18 pm By Omar Faridi  |  

Leading blockchain analysis firm, Chainalysis, which recently secured $49 million in capital through a Series B round, announced on July 27, 2020, that it has launched Market Intel, its newly designed website for asset managers and regulatory agencies. The new site may be used to… Read More

July 28, 2020 @ 9:00 am By Omar Faridi  |  

Abra, the provider of a digital asset investing app, revealed on July 28, 2020, that it has launched new Abra Interest Accounts that offer investors an opportunity to earn as much as 9% interest p.a. on their crypto deposits and certain USD backed stablecoins. As… Read More

July 24, 2020 @ 10:18 pm By Omar Faridi  |  

FTX, a crypto-asset and derivatives exchange, announced on July 23, 2020 that it has listed new AMPL/USD and AMPL/USDT trading pairs. FTX has also introduced the first perpetual futures contracts for Ampleforth (AMPL). As explained in a release shared with CI: “These contracts act to… Read More

July 21, 2020 @ 9:57 pm By Omar Faridi  |  

Paolo Ardoino, the CTO at Bitfinex and Tether and a highly skilled computer programmer, recently noted that the fairly recent involvement of world governments in projects aimed at launching their own central bank digital currencies (CBDCs) should not have a negative impact on stablecoins like… Read More

July 10, 2020 @ 7:55 am By Omar Faridi  |  

A US state appeals court on July 9, 2020 confirmed that it will be siding with the New York Office of the Attorney General (NYAG) as it aims to obtain documents, involving an investigation, from Bitfinex, a major digital asset exchange, and its sister company… Read More