Libra Members Consider Quitting Project Due to Gov’t Pressure: Report

At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. A report from the Financial […]

Continue Reading

Bitcoin Payments 6x Cheaper for Municipalities, Says Canadian Exchange

Bitcoin is more efficient for paying taxes than bank cards, suggests co-founder of Toronto-based cryptocurrency exchange Coinberry, Evan Kuhn. Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments. As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that […]

Continue Reading

Simetri Research Launches Dashboard for Short-Term Crypto Traders

Simetri Research has launched a new cryptocurrency trading signals platform, which is reportedly designed for short-term traders needing quick market insights. Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Closing the information gap […]

Continue Reading

Coinbase WalletLink Now Lets Clients Use DApps on Desktop Browsers

Coinbase’s user-controlled cryptocurrency wallet Coinbase Wallet has enabled its clients to use decentralized apps on any desktop browser with the WalletLink service. Crypto exchange Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser with the WalletLink service. Expanded access to DApps Per an official blog post on […]

Continue Reading

FomoHunt Becomes First Merchant to Accept Huobi Tokens as Payment

Crypto exchange Huobi’s native Huobi Token is now usable in real-world online purchases of a wide range of products on e-commerce platform FomoHunt. Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt. Per a press release shared with […]

Continue Reading

Crypto Advocate Patrick Byrne Resigns as CEO of Overstock

Crypto advocate Patrick Byrne resigns as CEO of Overstock following rough year in sales. Noted crypto advocate Patrick Byrne resigns as CEO of Overstock. Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock. Having led crypto-friendly e-commerce at the company, including the […]

Continue Reading

Top-Rated Crypto Exchanges Comprise 5% of Total Trading Volume: Report

Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a new CryptoCompare report reveals. Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals. As of July, D-E rated low-quality exchanges represented 64% of trading volume —  a staggering $316 billion — […]

Continue Reading

Bitcoin Dominance Is Actually Above 90%, New Research Suggests

Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, a new analysis claims. Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, Forbes reported on Aug. 22. While mainstream crypto data aggregators have been pointing to a […]

Continue Reading

Kraken Crypto Exchange to Add Support for BAT and WAVES

American cryptocurrency exchange Kraken has announced support for the Basic Attention Token and Waves starting on Aug. 22. American cryptocurrency exchange Kraken will add support for Basic Attention Token (BAT) and Waves (WAVES).  According to an announcement on Aug. 21, the exchange’s users will be able to deposit and withdraw the aforementioned coins starting tomorrow, […]

Continue Reading

Cryptopia Liquidator Determining Pooled Wallet Crypto Ownership

The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds. Professional services firm Grant Thornton claims that it is progressing in securing and preserving the cryptocurrencies of hacked cryptocurrency exchange Cryptopia. In a press release published on Aug. 21, Cryptopia’s liquidator claims to “have made good progress towards […]

Continue Reading