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Weekly News

Read more about the article Tether fires back against report it is using reserves for investments and making crypto-backed loans

Tether fires back against report it is using reserves for investments and making crypto-backed loans

  • Post author:admin
  • Post published:October 8, 2021
  • Post category:Weekly overview

"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux. Tether (USDT), the largest stablecoin issuer by…

Continue ReadingTether fires back against report it is using reserves for investments and making crypto-backed loans
Read more about the article SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies

SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies

  • Post author:admin
  • Post published:October 8, 2021
  • Post category:Weekly overview

Regulators have green-lighted a new exchange-traded fund that provides exposure to “Bitcoin Industry Revolution Companies.” The United States Securities and Exchange Commission, or SEC, has approved the Volt Crypto Industry…

Continue ReadingSEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies
Read more about the article Velas increases blockchain grants program to $100M

Velas increases blockchain grants program to $100M

  • Post author:admin
  • Post published:October 8, 2021
  • Post category:Weekly overview

Blockchain projects with a focus on DeFi, NFTs, gaming and others will be eligible to receive up to $100,000 in funding. Switzerland-based technology company Velas has allocated $100 million to…

Continue ReadingVelas increases blockchain grants program to $100M
Read more about the article Ethereum price options: All $250M in bearish bets for Friday are underwater

Ethereum price options: All $250M in bearish bets for Friday are underwater

  • Post author:admin
  • Post published:October 8, 2021
  • Post category:Weekly overview

Bears are in deep trouble as ETH bulls are likely to pocket $115 million from Friday's options expiry. Ether (ETH) has been facing a bearish regression channel since Sept. 1,…

Continue ReadingEthereum price options: All $250M in bearish bets for Friday are underwater
Read more about the article Mt. Gox creditors may receive nothing if they fail to vote by Friday

Mt. Gox creditors may receive nothing if they fail to vote by Friday

  • Post author:admin
  • Post published:October 8, 2021
  • Post category:Weekly overview

“I just want my coins back. I'm tired of how long and drawn out it is," said one user claiming to be one of the 24,000 Mt. Gox creditors. Creditors…

Continue ReadingMt. Gox creditors may receive nothing if they fail to vote by Friday
Read more about the article Compound unanimously passes proposal to repair bug

Compound unanimously passes proposal to repair bug

  • Post author:admin
  • Post published:October 8, 2021
  • Post category:Weekly overview

Proposal 064 seeks to repair the token distribution bug introduced during Proposal 062 once and for all. Compound Finance announced the passing of Proposal 064 on Thursday, titled the "Fix…

Continue ReadingCompound unanimously passes proposal to repair bug
Read more about the article Stockbroker platform Public.com adds crypto trading feature

Stockbroker platform Public.com adds crypto trading feature

  • Post author:admin
  • Post published:October 8, 2021
  • Post category:Weekly overview

The stock trading app is set to debut crypto trading for its users except those in the state of New York. Public.com, a neo-brokerage outfit based in New York has…

Continue ReadingStockbroker platform Public.com adds crypto trading feature
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