Cryptocurrency Analysis and News Portal
The owners of the Gemini cryptocurrency exchange, the Winklevoss brothers, have won a flurry of U.S. patents for stablecoin technology they say could be issued by commercial banks. Six patents, awarded between August 2019 and January 2020 to Tyler and Cameron Winklevoss' intellectual property company, outline a system, similar to
Read More
After launching trading of gold-pegged stablecoin Tether Gold (XAU₮) last week, Bitfinex now allows users to trade Tether Gold against Bitcoin (BTC).On Jan. 30, Bitfinex has rolled out three margin trading pairs for Tether Gold, a digital asset backed by physical gold, which was introduced by Bitfinex’s affiliate firm
Read More
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar. New York-based WisdomTree, which oversees about $63 billion, views cryptocurrencies and digital assets
Read More
Asset manager WisdomTree intends to launch a regulated stablecoin in the United States, financial news outlet FNLondon reported on Jan. 13.Per the report, WisdomTree is looking to deploy a digital currency backed to a basket of assets such as gold, fiat currencies or government debt. The firm also intends
Read More
Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs. Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to CryptoX on Jan. 8. USDC developed by Circle and CoinbasePayment company Circle, alongside crypto exchange powerhouse
Read More
This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Darrell Duffie is a professor of finance at Stanford University.Darrell Duffie is on the faculty of Stanford University's Graduate School of Business, where he
Read More
Mobile payments service MenaPay announced support for Twitch tipping with their MenaCash stablecoin.Blockchain-based payments service MenaPay updated its mobile app to add support for Twitch donations, according to a press release shared with CryptoX Turkey on Dec. 27. Twitch viewers are now able to use their MenaPay mobile app
Read More
San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter (OTC) desk.In a Dec. 17 blog post, Kraken said that the company has bought “one of the most recognized OTC desks in crypto.” Circle co-founders Sean Neville and Jeremy Allaire confirmed the sale of the Circle Trade
Read More
Payments startup Circle is pivoting its business to solely offering stablecoin services with the sale of its OTC desk. As part of the move, the firm confirmed the departure of additional executives, just weeks after co-CEO Sean Neville announced he would be stepping down.In a lengthy blog post Tuesday, Neville
Read More
Discussing the ECB's recent stablecoin comments, the resurfacing of some prominent 2017 token projects and a debate: Is crypto for criminals? Source
Read More