Stablecoin

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

Source: en.wikipedia.org

The Case Of The $850 Million (Alleged) Crypto Fraud
The Case Of The $850 Million (Alleged) Crypto Fraud
April 26, 2019  |  Security & Fraud

Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space. At a...

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Digital Currencies Lose $10B On ‘Stablecoin’ Fears
Digital Currencies Lose $10B On ‘Stablecoin’ Fears
April 26, 2019  |  Cryptocurrency

With questions surrounding the legitimacy of a “stablecoin” Tether along with regulatory concerns, the digital currency market lost roughly $10 billion in value over a...

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NY AG Goes After Bitfinex; Bitcoin Price Drops
NY AG Goes After Bitfinex; Bitcoin Price Drops
April 26, 2019  |  Bitcoin

Cryptocurrencies declined in trading Thursday (April 26) night after the New York Attorney General went after Bitfinex, a crypto exchange, for hiding the fact it’s...

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Bitcoin Daily: Rebuilding Notre Dame With Bitcoin; Assange Arrest Leads To Bitcoin Donations
Bitcoin Daily: Rebuilding Notre Dame With Bitcoin; Assange Arrest Leads To Bitcoin Donations
April 18, 2019  |  Bitcoin

Bitcoin users might soon be able to donate to help rebuild Notre Dame Cathedral. The French government just launched a website with links to four...

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Bitcoin Daily: Facebook Eyes $1B For Stablecoin Project; Bitstamp Secures NY License
Bitcoin Daily: Facebook Eyes $1B For Stablecoin Project; Bitstamp Secures NY License
April 09, 2019  |  Bitcoin

Andy Pag, founder and coordinator of Mt. Gox Legal, announced that he is stepping down from his position at the end of the month. Pag...

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CA Lawmakers: Crypto Can Solve Cannabis Payments Problem
CA Lawmakers: Crypto Can Solve Cannabis Payments Problem
April 03, 2019  |  Legal

Legalized cannabis has a huge cash payments problem – as in, operators have too much, given federal restrictions in the U.S. that have largely prevented...

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JPMC Embraces Crypto For Real-Time Payments — Ripple Says It’s Not Worried
JPMC Embraces Crypto For Real-Time Payments — Ripple Says It’s Not Worried
February 15, 2019  |  Cryptocurrency

There was a time when JPMorgan Chase (JPMC) CEO Jamie Dimon didn’t have much in the way of positive things to say about bitcoin. “The currency isn’t...

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Bitcoin Daily: Robinhood Secures NY Money Transmission License; Harvard, Levi Strauss Team On Blockchain
Bitcoin Daily: Robinhood Secures NY Money Transmission License; Harvard, Levi Strauss Team On Blockchain
January 25, 2019  |  Bitcoin

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. The product seeks to...

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Hong Kong’s JETCO Unveils APIX Platform; Terra To Pilot Blockchain Payments In Mongolia
Hong Kong’s JETCO Unveils APIX Platform; Terra To Pilot Blockchain Payments In Mongolia
January 14, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with...

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