Tether, the stablecoin with the industry’s largest market cap and volume, has had its fair share of controversies this year. However, despite these concerns and the regulatory hurdles Tether is facing right now, countries like China are recording huge crypto-activity. Over-the-counter(OTC) trading in China has significantly surged over the last few
The world’s second-largest stock exchange, Nasdaq, has listed a new cryptocurrency index that’s designed to eliminate fake trading volumes. Created by Cryptoindex in May of 2017, the CIX100 index tracks the 100 best-performing cryptocurrencies by pulling data from nine top exchanges. The index is up 1096.73% since its launch date.
Non-custodial exchange Binance DEX is soon going to list five new fiat-pegged stablecoins from issuer TrustToken, which is backed by notable venture capital firm Andreessen Horowitz. Revealing the news exclusively to CBNN, TrustToken said Wednesday that the stablecoins – TrueUSD, TrueGBP, TrueAUD, TrueCAD, and TrueHKD – are launching on Binance
Japanese cryptocurrency exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin and other cryptocurrencies. Japanese cryptocurrency exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin (BTC) and other cryptocurrencies. In an official announcement on July 12, Bitpoint