A greater share of value is being transferred via stablecoins over the ethereum network than its own native cryptocurrency ether (ETH), according to research conducted by crypto data aggregate Messari. In a recent tweet, research analyst at Messari, Ryan Watkins said stablecoin transfer value had “flipped” ethereum’s native currency, ETH. “This is largely the story
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Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce staking rewards in February. According to an announcement published by Binance.US on Jan. 29, staking rewards will be made available for Algorand (ALGO) and COSMOS (ATOM) starting next month. Staking support for more coins to come Furthermore, the exchange announced plans to
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Coinbase has hired a former vice president of product at Google to be its chief product officer.  Surojit Chatterjee spent 11 years at Google, where he worked on payments, adtech and commerce. He most recently led the continuing development of Google Shopping, a service available in more than 90 countries. Prior to that, he was
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In a Jan. 27 post, Dragonfly Research proclaimed Plasma to be dead, noting that the Ethereum (ETH) community is converging on Optimistic Rollup, despite initial enthusiasm. The news comes in stark contrast to earlier claims by Plasma Group arguing that the technology was moving into production phase. The history of Plasma The original paper detailing
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Greater regulations and enforcement can deter some crypto crimes, blockchain forensics provider Chainalysis said in a new report. Chainalysis’ 2019 Crime Report, published Wednesday, details its analysis of illicit activities last year, contrasting 2019 actions with previous years. It found that while the amount of bitcoin sent from criminal entities doubled between 2018 and the
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Japanese consulting firm Nomura Research Institute, which is an affiliate of financial services giant Nomura Holdings, has launched a tradable cryptocurrency index in partnership with cryptocurrency investment solution provider Intelligence Unit. The index, which is meant for financial institutions, will track a basket of cryptocurrencies and can be traded in US dollars and yen.  Though
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Google recently suspended and removed bitcoin rewards game “Bitcoin Blast” from its Google Play app store for allegedly deceiving users, but it will not explain to the developers what exactly was deceptive about the game.  On Jan. 20, Google pulled Bling’s “Bitcoin Blast,” a match-three puzzle game that rewards users with bitcoin-redeemable loyalty points. The
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There is little doubt that blockchain and digital asset technologies will engender greater financial inclusion and economic growth—but to realize the full potential of this technology, clear regulatory frameworks are needed.  One such framework, New York’s BitLicense, was introduced in 2014 by Benjamin Lawsky, then New York State Superintendent of Financial Services. Lawsky is currently
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