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Yield-generating stablecoin project Origin Dollar exploited for $7M
17.11.2020
Origin Protocol has announced its yield-generating stablecoin protocol, OUSD, has been hacked and drained of at least $7 million
Cheese Bank's multi-million dollar hack explained by security firm
16.11.2020
Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms
Why Bitcoin Thrives (and Why It Won’t Replace the Dollar)
16.11.2020
A world in which bitcoin becomes the global reserve currency is a world many of us would not want to live in
Stocks boom, dollar gloom: 5 Things to watch in Bitcoin this week
16.11.2020
Bitcoin is holding above $16,000 amid mixed feelings about the chances of all-time highs appearing this bull run
Dollar Decline and the Paralysis of Conventional Monetary Policy
15.11.2020
A reading of Kenneth Rogoff’s latest piece on the strange reality of the dollar’s global status
Inflation games: Bitcoin competes with fiat on value but lacks volume
14.11.2020
Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
Macro factors could bring Bitcoin to $1 trillion market cap, strategic investor say
12.11.2020
Strategic investor Lyn Alden says 2020 macroeconomic environment is extremely favourable to Bitcoin
US central banker urges digital dollar development
10.11.2020
FOMC member Robert Kaplan believes the Fed should prioritize creating a digital dollar
'The Most Crucial Question' on Digital Dollar According to Fed
10.11.2020
Economists at the Federal Reserve, the United States’ central bank, have concluded that research into central bank digital currencies (CBDCs) fails to show that CBDCs are a silver bullet, leaving “many questions” to be answered – another hint that the Fed will not be rushed into the issuance of...
Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances
10.11.2020
According to a new report, the depreciation of some currencies against the U.S. dollar is contributing to the declining international remittances. After touching an all-time high of $548 billion in 2019, the World Bank report now projects remittances to drop 7.2% in 2020 to $508 billion and...
Debate Rages on Whether a Digital Dollar Will Unleash Inflation
9.11.2020
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow
Jointer.io Matches Binance & CZ’s $100 Million Challenge With Early Adopter Fund
9.11.2020
PRESS RELEASE. Changpeng Zhao (CZ) sent shockwaves across the crypto industry in September by announcing a $100 million investment fund devoted to projects building on the Binance Smart Chain (BSC). Now, Jointer.io, the world’s first commercial real estate-backed DeFi auction, is matching...
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
3.11.2020
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon
Warren Buffett praises stocks Dollar-cost averaging — but does it work for Bitcoin?
1.11.2020
Warren Buffett likes to dollar-cost average into major stock market indices but data shows that the same strategy has worked very well for Bitcoin buyers too
$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China
31.10.2020
A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four...
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...
Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines Other Earnings
29.10.2020
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO...
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue