Day: 16 July 2021
Cointelegraph Consulting: Stablecoin activity drops after May peak
Despite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC.
China’s central bank says crypto gave impetus to the creation of its CBDC
A working paper released in English by the People's Bank of China cites cryptocurrencies as an important context for the...
Japan to reportedly take action to scrutinize crypto globally
The Japanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins....
Crypto offers more freedom, Coinbase CEO responds to DOGE creator
Crypto is a “much-needed breath of fresh air” for those who believe that state solutions are often “inefficient, overpromise or...
NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War
A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens...
Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets...
Shapeshift to Dissolve Corporate Model, Platform Airdrops FOX Tokens to Community of Users
Founded on July 1, 2014, Shapeshift has been offering global trading of a variety of digital assets for seven years....
Dogecoin Co-Founder Criticizes Crypto World, States It Is Managed by Powerful Cartels
In a recent twitterstorm, Dogecoin founder co-founder Jordan Palmer stated he wouldn’t return to the cryptocurrency world. Palmer unleashed harsh...
Tennessee city wants to accept property tax payments in Bitcoin
Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation. United...
Argentinian league rebrands to Torneo socios.com with new partnership
The partnership will see the country's top soccer league, previously named “Primera Division,” dubbed the “Torneo Socios.com” for the 2021/2022...
Michael Saylor doesn’t think Bitcoin is ‘going to be currency in the US ever’
The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened...
Payments in a flash: Strip club in Las Vegas now accepts Lightning
Guests at the Crazy Horse 3 will soon be able to tip their favorite dancers using BTC. The Crazy Horse...
Master-pieces: Swiss bank issuing NFT shares in Picasso painting for $6K each
Swiss digital asset bank Sygnum is issuing NFTs representing fractionalized ownership in a Picasso painting. Digital asset-focused Swiss Bank, Sygnum,...
Judge allows Ripple to depose SEC official who decided ETH is not a security
Bill Hinman could be called to testify on his 2018 comments regarding Ethereum’s security status. San-Francisco-based fintech firm Ripple has...
