Cryptocurrency

SEC Chairman: BTC Needs Better Regulation to be Taken Seriously

SEC Chairman: BTC Needs Better Regulation to be Taken Seriously

  • Speaking at the CNBC's Delivering Alpha conference, Jay Clayton remarked that the crypto market needs to build strong investor protections.
  • He also added that Bitcoin and other cryptocurrencies do not go through the same price discovery practices as products on major exchanges.

Stellar to Airdrop 2 Billion XLM

  • Stellar Development Foundation CEO explained that Keybase is an important part of their adoption strategy and advocate their vision.
  • All the big messaging apps and Keybase competitors are soon to enter the cryptocurrency game but with a different approach.
Aerial view of Washington DC cityscape from Arlington Virginia USA.

Ripple Appoints Legal Expert Who Previously Led the Token Taxonomy Act

  • Ripple aims to enhance their position and approach towards U.S. legislators.
  • Michelle Bond, Ripple's Global Head of Government Relations, welcomed Hammond via her LinkedIn profile.
Crypto Exchange Binance to Launch an NYDFS Approved Stablecoin

Crypto Exchange Binance to Launch an NYDFS Approved Stablecoin

  • The Binance USD (BUSD) will be launched in partnership with the Paxos Trust Company.
  • When launched, the BUSD will be available for trade on Binance against BTC, BNB and XRP.
China Could Release a Digital Currency Before Facebook

China Could Release a Digital Currency Before Facebook

  • A team from the Bank of China’s Digital Currency Research Lab has been working on the project in a closed-door environment since early summer.
  • The development of China's digital currency has been hastened ever since Facebook announced its plans to create its own global cryptocurrency.
European Central Bank Warns Facebook's Libra has a Deceiving Image

European Central Bank Warns Facebook’s Libra has a Deceiving Image

  • Yves Mersch warned that the new stablecoin could affect the banks' ability to set monetary policies.
  • He also warned that the stablecoin is highly centralized and accountable to shareholders.
Telegram to Release its Token by October

Telegram to Release its Token by October

  • The first batch of the Gram cryptocurrency is expected by October of this year.
  • The code needed to run a TON node is to become publicly available on 1 September.
Binance Reveals All New Stablecoin Initiative

Binance Reveals All New Stablecoin Initiative

  • The exchange will provide technical support, compliance risk control system and multi-dimensional cooperation network to build Venus.
  • Binance Co-Founder commented on the project, cementing the importance of stablecoins.
Ethereum Foundation’s Director Will Now Aid the Business into Using Public Blockchain

Ethereum Foundation’s Director Will Now Help Businesses Use Public Blockchain

  • Aya Miyaguchi made a statement where she noted that EEA wants to impact the industry.
  • Joseph Lubin commented on the attention by businesses to the Ethereum network.
Nexos Latest Dividend Announcement Reveals a Three-Fold Increase in Net Profit

Nexo’s Latest Dividend Announcement Reveals a Three-Fold Increase in Net Profit

  • The dividend is three times bigger than the one before it, revealing a significant increase in company net profits.
  • Long-term holders will receive a higher payout rate.