The crypto-financial services platform BlockFi today announced support for Litecoin and the stablecoin USDC. Users can now earn compounding interest when holding either cryptocurrency. Blockfi Onboards More Top Cryptocurrencies BlockFi users will also be able to trade both Litecoin and USDC across the trading platform. According to a press release shared with Crypto Briefing, the...Read More
Justin Sun, the founder and CEO of TRON, has announced that a TRON-based privacy coin is one step closer to reality. TRON initially announced plans for private transactions in January 2019. Since then, TRON added the feature to its testnet in July and opened it to beta testers in December. This week, Sun hinted at...Read More
In response to SEC scrutiny, Telegram is going back on promises made during its $1.7 billion raise. Telegram Revises Its Decentralized Vision Telegram may never establish a TON Foundation or even integrate its wallet application into its messaging app, contrary to its leaked whitepaper and other correspondences with investors. “Telegram is under no obligation, and...Read More
Cryptocurrency exchange Binance announced the introduction of leveraged perpetual swap contracts. Price surged 8 percent a few hours before the official announcement, raising suspicion from the community. XRP Derivatives Gaining Traction Perpetual swap contracts for XRP have been popping up on more and more exchanges in the last few months. The launch of Binance’s XRP/USDT...Read More
One of the biggest custodians will secure funds. The Litecoin Foundation has announced an agreement with BitGo, one of the largest crypto custody providers on the market. Though the Litecoin Foundation and other LTC holders are not obligated to deposit funds with a custodian, doing so provides institution-grade security. The news was first revealed on...Read More
A third of Tron’s supply, worth over $400 million at current prices, unlocked on New Year’s Day. These coins may flood the market and further harm TRX’s struggling price. The enormous hoard of Tron tokens were quietly locked in December 2017, six months prior to the launch of project’s mainnet. These funds were locked by...Read More
DLive is the latest in Tron’s string of acquisitions. The blockchain-based streaming platform will join Poloniex and BitTorrent in Justin Sun’s portfolio. DLive is joining forces with Tron and its subsidiary, BitTorrent. Currently built on the Lino blockchain testnet, DLive will migrate to the Tron blockchain and merge with BLive, Tron’s much smaller streaming equivalent,...Read More
The CEO of Ren protocol, Taiyang Zhang, recently announced the launch of yet another DeFi liquidity solution for the crypto ecosystem. Keeper DAO looks to offer many of the same services of traditional underwriting services but will instead focus on non-custodial crypto markets. Binding the DeFi Community Together The rise of decentralized financial products like...Read More
The MetaMask app has been suspended from the Google Play Store. Citing concerns that the app mined on user devices, this is the second time this week that Google censors cryptocurrency ecosystems hosted on its platforms. MetaMask is an Ethereum wallet that includes advanced features to interact with dApps and other non-transactional uses. In a...Read More
YouTube has been cracking down on cryptocurrency-related content with a new wave of rule enforcements, according to several hosts. Since Dec. 23, the site has been deleting individual videos from cryptocurrency channels. Some hosts have also been given warnings and “strikes,” which temporarily prevent them from uploading content. Several channels have been affected. Chris Dunn...Read More
Venture capital had a busy year in crypto, with several monster deals inked in 2019. Here are the 10 largest VC raises of the year. After a whopping 1,148 deals in 2018 for $4.65 billion, 2019 saw these figures drop significantly, according to Crunchbase, with just under 450 deals concluded for less than half the...Read More
On December 16, 2019, Parity Technologies announced that its Ethereum client, Parity Ethereum, would be maintained by a decentralized autonomous organization (DAO). Without the proper funding, however, critics pointed out that the project will likely collapse. Stepping back even further, the move highlights the ever-growing divide between Parity and Ethereum ecosystem at large. Transitioning to...Read More
The U.S. Automated Clearing House system experienced an outage on Dec. 18 between 3 P.M. and 7 A.M. of the next day. Since the system handles the majority of domestic bank transfers, some in the crypto community were quick to point out that Bitcoin does not suffer outages. The U.S. Federal Reserve operates the FedACH...Read More
The global peer-to-peer Bitcoin marketplace, Paxful, has revealed it processed almost $1.6 billion in P2P Bitcoin trades in 2019, representing a gradual uptrend since its inception in 2015. Prices May Be Subdued, But Paxful Is On The Rise Announcing its annual growth metrics on the same day as revealing the company’s historical figures dating back...Read More
NiceHash, a marketplace for renting mining hashpower, has announced that it is suspending its plans to repay customers who lost their funds during a December 2017 hack. That attack caused the company to lose over 4700 Bitcoin, worth $80 million at the time. To date, the company has repaid 82% of that BTC to its...Read More
ZenLedger announced today in a press release that the blockchain tax service and analytics startup received $3.4 million in funding. The Seattle-based company provides tax software for cryptocurrency investors and accountants and assists with tax filing and financial analysis. According to the release, ZenLedger software “takes in transaction information from hundreds of exchanges, wallets, and...Read More
Venture capital is the latest industry to get a taste of decentralized governance. Peter Yuan Pan announced the launch of MetaCartel Ventures, a decentralized autonomous organization that will invest in the Ethereum ecosystem. DAO as a Community of Investors In true crypto spirit, the MetaCartel community is difficult to trace. What began as a project...Read More
The IMF has recently recommended to central banks worldwide to explore the introduction of Central Bank Digital Currencies, but to proceed with caution. CBDC Could Prove Useful to Central Banks In its most recent weekly blog post, the IMF has suggested that CBDC have a number of benefits. These include reducing the cost of managing...Read More
Ripple Bags Business Deal Just announced minutes ago, crypto-centric fintech startup Ripple has just made an expansion into Iceland. In a blog post, the San Francisco-headquartered company revealed that it has acqui-hired (acquired and hired) Algrim, a cryptocurrency trading firm based in the Nordic country. This move marks the company’s latest expansion into Europe. According...Read More
As someone who was there from virtually the start, Roger Ver has seen and done it all in Bitcoin. A tireless evangelist for Bitcoin since long before it was cool, Ver remains a vocal proponent of the benefits of peer-to-peer cash and its power to effect positive change in the world. Every day this week,...Read More
Success for us as working people is one of the most rewarding and best things that happens in a worker’s life. But recent generations are redefining what it means to be successful, what identifies people, and even what it means to be an adult. Gen Z is starting to define themselves by their achievements in...Read More
Live video in today’s internet is changing the way people watch video as a whole and can be used to build your business. 8 out of every 10 people would watch video that is live rather than read a blog post or social media post. But what are people watching live now? 56% are watching...Read More
