Criptos News

Latest news about blockchain and cryptocurrencies

Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____…Read More: Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News… Continue reading on https://cryptonews.com/news/tether-bitfinex-enter-new-project-ex-meta-team-raised-usd-150m-investor-eyes-zipmex-crypto-donations-more-news.htm Read more →

Tron is Eating into Ethereum’s Share of the Tether Market, But It Will Have to Do More to Become a Serious Rival

Tron (TRX) has long been the butt of jokes and insults from much of the crypto sector, stretching back to 2019 (and even earlier) and continuing to the present day. Yet in the past year or so, it has become an increasingly hard-to-ignore Ethereum (ETH) rival, exemplified by the fact that the supply of tether (USDT) stablecoin on its blockchain has overtaken Ethereum’s own supply on numerous occasions…. Read more →

Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat

A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers. Per the Workers’ Daily, a branch of the People’s Court in the Chaoyang District of Beijing heard a civil case involving a now-defunct IT company and a former contract employee named by the court only as Shen (his surname)…. Read more →

Bitmain to Launch its AntMiner E9 Despite the Ethereum Merge Edging Closer

Bitcoin (BTC) and crypto-mining monolith Bitmain will start selling its latest Ethereum (ETH) mining rig AntMiner E9 on Wednesday, even as Ethereum developers gear up for the blockchain’s shift to proof-of-stake (PoS). The Chinese mining hardware manufacturer announced the news on Twitter Tuesday, detailing that E9 features a hash rate of 2,400M, along with 1,920 watts of power consumption, and power efficiency of 0. Read more →

Argentineans Rush to Tether After Economy Minister Resigns

Residents of Argentina rushed to bid up the price of the popular stablecoin tether (USDT) in local fiat terms over the weekend after news broke that the country’s minister for the Economy had resigned. According to data from CriptoYa, a data provider that tracks crypto prices from Latin American exchanges and peer-to-peer markets, the price of USDT in the Argentine peso (ARS) jumped this weekend from around ARS 250 per USDT on Saturday to between ARS 270 and ARS 280 on Monday…. Read more →

Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve

Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated….Read More: Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve… Read more →

Ethereum Is Business-ready, Says Foundation-linked Body, but ‘Caveats’ Remain

The authors of a new report claim that Ethereum (ETH) is “ready” for use in the world of business – albeit with “some caveats.” The report was compiled by the Ethereum Enterprise Alliance (EEA) – a business-focused affiliate of the Ethereum Foundation. Its authors claimed that while the “pieces are in place” for “the safe and productive use of Ethereum as a business platform,” the aforementioned pieces do not yet “necessarily fit together seamlessly. Read more →

Lolli Bitcoin Shopping App CEO at NFT NYC: NFTs ‘Captured the Zeitgeist’

Alex Adelman, CEO of Bitcoin shopping rewards app Lolli, talked to Decrypt’s Andrew Hayward at NFT NYC about why NFTs have impressed him and why he’s “kind of sad” because Bitcoin “should have captured” the cultural moment that Ethereum and NFTs did…. Continue reading on https://decrypt.co/videos/live-events/nj6x3YFj/lolli-bitcoin-shopping-app-ceo-at-nft-nyc-nfts-captured-the-zeitgeist Read more →

Polkadot Unveils Governance V2 to Become More Decentralized and Censorship-Resistant

Blockchain protocol Polkadot (DOT) has announced changes to its governance mechanism in a bid to become more decentralized and censorship-resistant. Dubbed Gov2, the new governance system aims to migrate the responsibilities of the Council, an elected body of on-chain accounts that are intended to represent the passive stakeholders of Polkadot, to token holders…. Read more →