Thursday, June 4, 2020

Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked

The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped...

US Treasury Issues Stimulus Debit Cards Because They Failed to Launch a Cryptocurrency

Ahead of the approved and now distributed stimulus package that provided individual US taxpayers with up to $1,200 in relief, the proposal included the...

Combined Market Cap of Stablecoins: Tops $10 Billion for First Time Ever

Amid markets going volatile in 2020, stablecoins — cryptocurrencies that are pegged to a certain value like $1 USD or maintain stable floating prices...

Leaked photo shows the alpha version of China Construction Bank’s DCEP app

China’s digital currency, the DCEP, is currently in the advanced testing phase, with leaked images showing that the China Construction Bank already runs the...

75 Companies Back Facebook Libra’s Competitor Celo

Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations...

General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens

The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP...

Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists

With Bitcoin seemingly finding a local top, all eyes in the crypto space have migrated to stablecoins, digital assets tied to and backed by...
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