Major algorithmic stablecoin Basis, which raised $133 million in April, is shutting down and returning funds, say anonymous sources. Major United States-based stablecoin project Basis will shut down operations and return most of its funds to investors, crypto news outlet The Block reports today, Dec. 12. Citing “multiple people with direct knowledge of the situation,”… Continue reading Major Stablecoin Basis to Close, Return Funds to Investors: Sources
Category: Altcoin
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OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker
Major crypto exchange OKEx announced it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker, BCH. The Malta-based cryptocurrency exchange OKEx announced that it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker BCH, according to an official statement Dec. 11. According to the announcement, the sixth largest crypto exchange will… Continue reading OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker
First Week of December Ends with Flush of Green, Bitcoin Nears $3,700
The crypto markets are seeing a wave of green, as top crypto Bitcoin nears the $3,700 mark after a week of lows. Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows. Market visualization… Continue reading First Week of December Ends with Flush of Green, Bitcoin Nears $3,700
Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation
Florida-based UnitedCorp has launched a suit against Roger Ver and some other major industry players for allegedly planning a scheme to take control of the BCH network. Florida-based United American Corp. (UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec. 6.… Continue reading Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation
Study: Pump and Dump Schemes Account for $7 Million of Monthly Trade Volume
A recent study by Imperial College London analysts claims that crypto pump and dump scams account for $7 million in trade volume each month. A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed… Continue reading Study: Pump and Dump Schemes Account for $7 Million of Monthly Trade Volume
Crypto Exchange OKEx Launches ‘Perpetual Swap’ Derivative Product
Crypto exchange OKEx has introduced a derivative product called Perpetual Swap, allowing users to hold positions indefinitely. Malta-based cryptocurrency exchange OKEx has launched a new derivative product called Perpetual Swap trading, according to a press release shared with Cointelegraph Dec. 3. Perpetual Swap is a peer-to-peer, virtual derivative developed by OKex, that enables users to… Continue reading Crypto Exchange OKEx Launches ‘Perpetual Swap’ Derivative Product
Top Coins Are Shaky, But Bitcoin Still Holds $4,000 Mark
While the top 20 cryptocurrencies are mostly in the red, Bitcoin has been holding above $4,000. Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark. Market… Continue reading Top Coins Are Shaky, But Bitcoin Still Holds $4,000 Mark
Crypto Markets Meet December in Green, Bitcoin Trades Above $4,200
Crypto markets go green on the first day of December, with Bitcoin breaking and holding the $4,200 threshold. Saturday, Dec. 1 — Crypto markets have seen a substantial influx on the first day of this winter month, with all top 20 coins by market cap firmly in the green, according to CoinMarketCap. Market visualization from… Continue reading Crypto Markets Meet December in Green, Bitcoin Trades Above $4,200
What Is Bitcoin? Crypto Featured as Category on Jeopardy
During last night’s airing of the popular TV game show Jeopardy, cryptocurrency was featured among the categories contestants could choose from. I’ll Take Cryptocurrency for $1,000, Alex On Thursday night’s episode of the iconic TV game show hosted by Alex Trebek, Jeopardy, cryptocurrency was one of the six categories contestants could select from. In Jeopardy,… Continue reading What Is Bitcoin? Crypto Featured as Category on Jeopardy
Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin
Crypto exchange BHEX has concluded a $15 million funding round in anticipation of its official launch in the following days. Decentralized cryptocurrency exchange BHEX Exchange has concluded a $15 million funding round with support from major exchanges like Huobi and OKCoin, according to a press release shared with Cointelegraph Nov. 29. Per the release, BHEX’s… Continue reading Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin