Tag Archives: Stablecoins

28May/19

MakerDAO Finally Approves DAI Fee Decrease After 11-Day Deliberation

After nearly two weeks of continuous voting, MakerDAO token holders have officially activated a decrease to DAI stablecoin fees. DAI is an ethereum-based token which presently maintains a soft peg to theRead More…

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20May/19

Facebook Unexpectedly Plants Its Flag in Crypto-Friendly Switzerland

Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintechRead More…

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18May/19

Bitfinex Claims Victory as Supreme Court Gives Nod to Exchange & Tether

The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and Tether Limited is too broad and needs a time limit. Bitfinex: Supreme Court RulingRead More…

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15May/19

Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 Countries

Given the widely publicized troubles faced by Tether (USDT), there is a massive opportunity for a competitor to wade into the stablecoin arena. It appears that Coinbase will be that adversary, asRead More…

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14May/19

‘Trustworthy’ Bitcoin Exchange That Hid $850 Million Loss Raises $1 Billion

Bitfinex CTO Paolo Ardoino told Twitter that the firm was able to raise $1 billion in USDT within a short period because big investors know Bitfinex is “trustworthy.” Trust, Don’t Verify TheRead More…

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