News

Stellar unveiled its largest airdrop to date, worth over $120 million in XLM. The Stellar Development Foundation (SDF) in partnership with Keybase, a free group messaging community and file transfer hub, announced that 2 billion XLM will be given away over the next 20 months. The airdrop will be directed to Keybase’s user base that […]

Chinese crypto exchange Huobi will make its first foray into a physical product with the launch of its sixth token offering on IEO platform, Huobi Prime. Huobi traders will have the opportunity to purchase NODE, the token of Whole Network and its blockchain phone, Acute Angle, during two trading rounds on September 11. However, as […]

Bakkt launched its Bitcoin custody warehouse, its institutional BTC custody solution, protected by a $125 million insurance policy. The launch is part of the physically-settled Bitcoin futures it plans to launch on Sept. 23. Going according to plan Bakkt was delayed several times due to concerns from regulators. However, the subsidiary of the Intercontinental Exchange […]

Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country. The theory […]

The Bitcoin price exploded in Argentina after President Mauricio Macri announced he would reinstate restrictions on foreign currency purchases. Bitcoin is trading at a $1,200 premium above spot price on Buenos Aires-based exchange Buenbit. The price exploded to $12,750 per BTC—a total premium of $2250 premium—immediately after Argentinian president Mauricio Macri announced his government would […]

In an exclusive interview with CryptoSlate, Charlie Lee shares his vision for how Bitcoin and Litecoin can fundamentally challenge governments and revolutionize how people transact. Ultimately, he argues that cryptocurrency is the best form of money ever seen. Scaling problems with Bitcoin One of the most commonly cited problems with Bitcoin is its inability to […]

Through constant innovation, Binance has maintained its position as a market leader. In today’s new cycle many stories go unnoticed, but here are the exchange’s top announcements this week and their implications on BNB’s value. JEX token airdrop On Sept. 3, Binance revealed that it acquired JEX, a cryptocurrency trading platform offering spot and derivatives trading […]

Bakkt is preparing to introduce its Bitcoin futures contracts. As the September launch date approaches more details have come to light. Bakkt Bitcoin futures Bakkt, a subsidiary of the Intercontinental Exchange (ICE), which owns the New York Stock Exchange, was granted approval from the U.S. Commodity Futures Trading Commission for crypto-settled Bitcoin futures. In addition, […]

NEO is aggressively expending resources to compete with Ethereum in a race to become the most “developer-friendly” blockchain. Supported by several Microsoft veterans, the project is leading an ambitious build-out of the platform’s core capabilities with a treasury worth more than half a billion dollars. History behind NEO NEO is a smart contract platform founded in […]

Central and commercial banks are the top dogs of the world’s largest market by trading volume—the $5-trillion-a-day foreign exchange (FX) market. A closer look at the balance of power in this global industry reveals how banks could manipulate, and even dominate, cryptocurrency in an unregulated market. Central banks: the power brokers of currency Central banks […]