Altcoin

Tether has been issuing stablecoin loans backed by bitcoin, ethereum, and other volatile digital currencies.  Alex Mashinsky, CEO of crypto lending firm Celsius made this claim while speaking to the Financial Times. “If you give them enough collateral, liquid collateral, Bitcoin, Ethereum and so on…they will mint tether against it,” …

Banque de France has tested the use of its CBDC and Blockchain technology in executing a series of government bonds. The experiment was carried out in collaboration with some of the heavyweights in the country’s financial industry, including the French public debt office. The Financial Times reported that around 500 …

Tether, the world’s largest stablecoin, has incurred the wrath of the Commodity Futures Trading Commission CFTC. The watchdog confirmed in a statement today that Tether Holdings Limited (the company behind Tether coin) has been ordered to pay a civil monetary penalty of $41 million for “untrue or misleading statements and …

The executive director of the Bank of Japan (BOJ), Shinichi Uchida, confirmed earlier today that the country would focus on simplicity and flexibility when designing its CBDC. Mr. Uchida also wants “vertical co-existence” between the proposed digital yen and the existing payment options. “To achieve vertical coexistence, a relatively simple …

The Russian President believes crypto has "value," but talks of using it to settle oil trades are premature.

The BSN blockchain portals will enable Turkish and Uzbek blockchain developers to design Baad applications on BSN's global portal, supporting significant blockchain projects such as Etheruem, Algorand, Polkadot, Tezos, etc.

MiamiCoin could save residents millions of dollars in taxes if it sustains its current momentum. The token which was built on Stack launched in August and has been a huge success since then with Fox Business claiming the coin generates $2,000 for Miami City every ten minutes. “It’s theoretically possible …

The new trend of countries approving bitcoin as a means of payment doesn’t seem to excite the financial regulators in Uzbekistan after a top member of the central bank warned the country would not adopt cryptocurrency as legal tender. While addressing a local media platform, the official argued that Uzbekistan’s …

The third biggest crypto by market cap, Cardano, has added smart contract capabilities to its Blockchain through the successful upgrade of Alonzo Hard Fork. Yesterday, the update was deployed to the mainnet. The next aim of Cardano is to launch DeFi apps and expand the ecosystem of Cardano. There was …

Rumors of Litecoin  and Walmart partnership are false according to the spokesperson of Walmart. Press release published today saying that a partnership will be established between Litecoin and Walmart. The price of Litecoin went from $175 to $231 after the news.  Rumors of Litecoin and Walmart partnership: A press release …