The issuer of the USDT-linked USDT steeblecoin, Tether Limited officially confirmed its cooperation with Deltec Bank, a small financial institution from the Bahamas. The company also submitted a letter, on the basis of which it has sufficient funds to ensure the total volume of issued USDT tokens. Tether has an account with Deltec Bank & Trust Limited https://t.co/LSn64soUsC . Balance confirmation at 2018-10-31 attached. – Tether (@Tether_to) 1 November 2018 “Tether Limited is pleased to confirm that it has established relations with Deltec Bank & Trust Limited, a financial institution with a 72-year history and is headquartered in the Commonwealth…
Author: BlockchainJournal
During the Devcon4 conference in Prague, Vitaly Buterin said that he had high hopes for the upcoming modernization of Ethereum. He also promised that Ethereum will develop very actively after the release of the update called Serenity. Buterin claims that the Serenity update will promote the network in all directions, it will not only be faster, but also safer, and the project’s energy intensity will decrease. Also, the update will improve the scalability of cryptocurrency "1000 times." The developer noted that Serenity should be world computer, not a telephone since 1999, with which you can only play snake.…
The Financial Services Authority of New York (NYDFS) has issued the 12th licensed business license in the state (BitLicense). Its owner was based in Texas, the company Coinsource, according to CoinDesk . Coinsource is a Bitcoin ATM operator and already has 40 terminals in New York, having worked until today under a pre-license. We would like to for We sincerely thank the state of the New York and the New York the Department of the Financial Services ( @NYDFS ) for Granting us the first the Virtual License the Currency to a #Bitcoin the ATM of operator. pic.twitter.com/VgGNBALFOB – Coinsource…
Only one of the four bitcoins (not taking into account the newly-named ones) moved between addresses and was stored on them for the last six months. This writes Bloomberg, citing data CoinMetrics. Some CM data in @business today! https://t.co/3yfE1nZVOj – SpookMetrics.io (@coinmetrics) October 31, 2018 The last time Bitcoin reached such low levels of activity in 2015. At the same time, over the last year about 50% of bitcoins moved, and at the end of 2017 this figure was 60%. “This suggests that bitcoin is still in recession, ” said CoinMetrics co-founder Nick Carter. Analysts also noted that despite the…
After a sharp decline in market capitalization, Tron became the 12th largest cryptocurrency according to the AltDex 100 Index (ALT100). Tron founder Justin San said that it may take six months to return to the top 10 cryptocurrencies. Currently, Tron is in the eleventh position and is trading at a price of $ 0.02255. In a recent interview, Justin Sun said that in addition to Tron cryptocurrency, his favorites are Bitcoin and Ethereum. This is not the first time that San has expressed interest in other digital assets. For example, when XRP grew significantly after the announcement of the XRapid…
Dapper Labs, behind the CryptoKitties project, announced it has received $ 15 million in investments from a number of well-known players, including Google Ventures, Samsung NEXT and Andreessen Horowitz (a16z). It is reported by CoinDesk . A new round of funding "cryptococci" led by the company Venrock, in addition, the project was invested by persons whose names had not been associated with the cryptocurrency industry: the talent search agency William Morris Endeavor and the eSports company aXiomatic. Earlier this year, the CryptoKitties attracted investments of $ 12 million , and now bringing this amount to $ 27 million, the developers…
The Securities and Futures Commission of Hong Kong (SFC) has published rules for cryptocurrency funds. The regulator also said that it will probably control trading platforms, Bloomberg writes. According to the new requirements, fund managers, whose portfolio contains more than 10% of assets in a cryptocurrency, must obtain a license from the SFC. Crypto platforms that serve only professional investors can join the experimental sandbox. In it, companies will be able to conduct experiments in the field of countering money laundering at their sites in order to prove to the regulator their competence in this matter. It is noted that…
Most of the wealthy American millennials either already own or want to buy bitcoins or other cryptocurrencies. This is the conclusion reached by the authors of the research Millenials With Money from the company Edelman. According to them, 25% of secured millenials already own cryptocurrencies. Another 31% are actively interested in this topic. Researchers consider Americans between the ages of 24 and 38 years old to be wealthy with a personal or family income of $ 100,000 per year or $ 50,000 in investment. At the same time, the report says, the millennials are unhappy with the current financial system.…
American cryptocurrency company Coinbase successfully closed round E of fundraising, during which it managed to raise $ 300 million "to accelerate the spread of cryptocurrency and digital assets." This was written by President and Chief Operating Officer Asif Hirdzhi in his blog, confirming that the market valuation of the exchange exceeded $ 8 billion. The fundraising round was led by the Tiger Global Management multi-billion dollar fund. Y Combinator Continuity, Wellington Management, Andreessen Horowitz, Polychain and others also took part in it. According to Khirji, the funds received will be spent on the following items of expenditure : Global expansion…
Russian participants of the cryptocurrency market will be able to defend their interests in a special court. Under the Russian Union of Industrialists and Entrepreneurs (RSPP), it is planned to launch the Arbitration Center in early 2019 to resolve conflict situations, Kommersant reports. The arbitration center will become a kind of judicial authority for players of the cryptocurrency market, according to the Russian Union of Industrialists and Entrepreneurs, as the traditional Russian judicial system is not yet able to deal with cases of digital assets. The center will be headed by Elina Sidorenko, who heads the working group on risk…