From stablecoin to a bank: perhaps, the greatest challenge of 2021. Part 1
    19 Aug 2021
    415 Views

    The Circle company, known as the issuer of the USDC stablecoin, is set to become a US national commercial bank – a digital bank that combines crypto and fiat payments. This is yet another way the cryptocurrency industry is invading traditional banking. We have only just written about how crypto exchanges are becoming competitors of…

    NFT marketplace OpenSea tops $1 billion trading volume in August, surging 8X since March peak
    18 Aug 2021
    531 Views

    Non-fungible tokens (NFTs) trading is soaring to 8x multiples of the levels seen this March when the NFT frenzy burst into mainstream media with sound headlines, as art dealers were excited. Digital collectibles mania seems to be back as the NFT flagship marketplace prints new records, according to the trading volumes on the OpenSea platform….

    The Tether controversy explained
    18 Aug 2021
    615 Views

    How stable are stablecoins? — asks Elizabeth Lopatto in a study for The Verge. What if a digital currency wipeout could injure — or even destroy — the entire cryptocurrency ecosystem? Lately, there’s been a focus on stablecoins, the quiet power players of the cryptocurrency space. Questions about stablecoins, particularly one called Tether, have been…

    Gennadiy Cholovenko: “Binance is gradually becoming a direct competitor to the banking system”
    18 Aug 2021
    678 Views

    Today we are publishing an interview in which the expert expresses his views on why regulators in various countries across the globe have declared an all-out war on the largest crypto exchange in the market, Binance. We have recently written about how ever since the beginning of this year, Binance has come under attack from…

    US getting ready to “tighten the screws” for DeFi
    17 Aug 2021
    467 Views

    A cryptocurrency amendment was introduced to the US Senate, which would greatly complicate any operations with cryptocurrencies, hitting decentralized services the hardest. And it is backed by the Joe Biden administration. There is a lot of fuss around the second cryptocurrency amendment to Joe Biden’s $ 1 trillion infrastructure bill HR 3684. On August 6,…

    Ethereum volume tops Bitcoin on Coinbase, while DeFi, NFTs gain popularity

    Ethereum became the most traded cryptocurrency on the Coinbase exchange during the three months through June, while investors explored the world of decentralized finance. It accounted for 26% of Coinbase’s trading volume in the second quarter. Ethereum, the world’s second-largest cryptocurrency by market capitalization, shared for 26% of the trading volume on Coinbase, compared to…