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Cryptocurrency News

Tether (USDT) Is a Centralized Stablecoin, Not Bitcoin Says Paolo Ardoino

Kavon Hyatt | September 28, 2020 | Leave a comment
Paolo Ardoino, the Chief Technical Officer at the Bitfinex cryptocurrency exchange, has requested users in a tweet that they should learn a difference between Tether (USDT) and Bitcoin (BTC). He clarified in the tweet that the US Dollar-pegged Tether...
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BitGo Is Launching Wrapped Bitcoin (WBTC) on the Tron Blockchain

Kavon Hyatt | September 26, 2020 | Leave a comment
The institutional digital asset custody platform BitGo has revealed in a recent announcement that it is going to bring decentralized finance-friendly Wrapped Bitcoin (WBTC) to the Tron blockchain. Wrapped Bitcoin will enter into the ecosystem of Tron as a...
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KuCoin Gets Hacked: Hackers Stole $150M Worth of Crypto From Hot Wallets

Kavon Hyatt | September 26, 2020 | Leave a comment
The Singapore-headquartered digital currency exchange KuCoin has suffered a security breach on September 25 and has reportedly lost around $150 million worth of funds in cryptocurrencies which were taken out from its hot wallets. The hot wallets that were...
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China’s BSN Announces Integration of Tezos onto Its International Portal

Kavon Hyatt | September 25, 2020 | Leave a comment
The Blockchain Service Network (BSN), a blockchain project backed by the Chinese government, has integrated support for the Tezos blockchain onto its BSN international portal. BSN International is basically a global public network for blockchain projects and companies. The...
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Crypto Exchange INX Chooses GK8 For Digital Asset Custody

Crypto Option | September 17, 2020 | Leave a comment
The Gibraltar-based cryptocurrency exchange INX has picked the cryptocurrency custody provider GK8 for the custody of its digital assets. The Israel-based cryptocurrency startup will provide its offline custody solution to the INX exchange for securing and managing digital currencies...
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Nigeria’s SEC Issues A Proposed Set of Regulations For Cryptocurrency

Crypto Option | September 15, 2020 | Leave a comment
Cryptocurrencies have now been recognized as securities in Nigeria by the Securities and Exchange Commission (SEC). In an announcement on Monday, September 14, 2020, the regulatory institution of Nigeria issued proposed regulations for cryptocurrency. Nigerian SEC thus has brought...
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Digital Assets Lending Platform Cred Has Joined Visa’s Fintech Fast Track Program

Crypto Option | September 8, 2020 | Leave a comment
Cred, the well-known cryptocurrency lending and borrowing platform, has announced to join the Fintech Fast Track program of the payment giant Visa. The digital assets firm plans to boost its cryptocurrencies’ lending and borrowing adoption worldwide by leveraging the...
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Coinibank Review – Take a Confident Step in the Trading World

Crypto Option | August 6, 2020 | Leave a comment
Coinibank Review One of the most lucrative markets in the world that has successfully attracted the attention of hundreds of thousands of people is that of online trading. People will find thousands of financial assets at their disposal and...
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Can Stimulus Checks Pump Bitcoin Price Upward?

Crypto Option | July 27, 2020 | Leave a comment
The US second stimulus package is coming on Monday as confirmed by the economic advisor. As Bitcoin has already started its move upward, the stimulus package will make it more bullish, claims analysts in the cryptocurrency community. In an...
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DeFi and Layer 2 Set to be Catalyst for Ethereum Adoption

Crypto Option | July 10, 2020 | Leave a comment
Tech genius and blockchain enthusiast, Tyler Smith, recently composed a tweet where he talks about how Defi would open Ethereum to further adoption. Smith further notes that as a result of the influx of major big game crypto players,...
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