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Federal Reserve Official Calls Tether A ‘Challenge’ To Financial Stability
Eric Rosengren, a senior official in the U.S. Federal Reserve identified Tether’s stablecoin, USDT, as a risk to the stability of the current monetary system.According to Rosengren, Tether poses a perceived “challenge” to financial stability, and has been listed in a watchlist by the U.S. central bank. The listing of the USDT stablecoin is aimed […]
Federal Reserve Official Calls Tether A ‘Challenge’ To Financial Stability
Eric Rosengren, a senior official in the U.S. Federal Reserve identified Tether’s stablecoin, USDT, as a risk to the stability of the current monetary system.According to Rosengren, Tether poses a perceived “challenge” to financial stability, and has been listed in a watchlist by the U.S. central bank. The listing of the USDT stablecoin is aimed […]
3 reasons why Quant (QNT) price rallied 125% this week
QNT price defied the bearish market trend by rallying 125% after a successful listing on Coinbase and endorsements from well-established tech companies. Real-world use cases and delivered value are important when evaluating the long-term prospects of a cryptocurrency project, and this is especially true in down markets when sentiment is low and the possibility of […]
Guggenheim CIO Predicts ‘Real Bottom’ of Bitcoin, Warns BTC Price Could Fall to $15,000
The chief investment officer of asset management firm Guggenheim, Scott Minerd, thinks he knows where the real bottom of bitcoin’s price is. He warns that the price of the cryptocurrency could fall to the $15K level. Guggenheim’s Scott Minerd Sees Bitcoin Bottom The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, is back with […]
Chainalysis Raises $100 Million in Series E, Plans Expansion To DeFi
Blockchain analytics and surveillance firm Chainalysis recently announced that it has closed $100 million after a Series E funding round led by Coatue. Participating investors include Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The latest financing round brings the company’s valuation up to $4.2 billion, as it continues to expand resources and deepen its […]
Chainalysis Raises $100 Million in Series E, Plans Expansion To DeFi
Blockchain analytics and surveillance firm Chainalysis recently announced that it has closed $100 million after a Series E funding round led by Coatue. Participating investors include Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The latest financing round brings the company’s valuation up to $4.2 billion, as it continues to expand resources and deepen its […]
Binance to cease operations in Ontario following regulatory crackdown
Ontario’s crypto exchange crackdown continues as Binance plans to end operations Dec. 31, 20201. On the tails of a warning from Japanese regulators on Friday, Binance has announced in a short statement yesterday that it will cease providing services to users located in Ontario. “As part of our continuing compliance efforts, Binance has updated its […]
Bitcoin’s Taproot Upgrade Set To Improve Privacy, Introduce Smart Contracts
Bitcoin’s Taproot soft-fork upgrade is imminent, and will be active within the year, expected to finally activate by around mid-November at block height 709,632, based on terms provided by Bitcoin Improvement Protocol 341 (BIP-341).According to a transaction mined by Bitcoin mining pool Slush Pool, 90% of the signaling threshold required to lock in the Taproot […]
Bitcoin’s Taproot Upgrade Set To Improve Privacy, Introduce Smart Contracts
Bitcoin’s Taproot soft-fork upgrade is imminent, and will be active within the year, expected to finally activate by around mid-November at block height 709,632, based on terms provided by Bitcoin Improvement Protocol 341 (BIP-341).According to a transaction mined by Bitcoin mining pool Slush Pool, 90% of the signaling threshold required to lock in the Taproot […]