The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset tether (USDT) has announced the…
Institutional inflows to digital assets are at an all-time high. But its still really, really hard to get holdouts off the bench. Giorgi Khazaradze, the CEO and founder of crypto trading terminal Aurox, and Glenn Barber, head of sales at institutional crypto trading platform Copper, talked about whats keeping institutions out of crypto markets at the Decrypt and Yahoo Finance…
Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on the Cosmos (ATOM) network. Transaction volumes, the creation of decentralized applications, and the number of chains connected via IBC have all been trending upwards in recent…
Bitcoin hit a new record high today, touching $69,000 for the first time as inflation data from the U.S. Department of Labor showed the highest annual jump in consumer prices since 1990. The consumer price index (CPI) increased 6.2% from October 2020, exceeding the 5.4% rate registered in September and fueling the inflation hedge narrative for Bitcoin further. Energy, shelter,…
In 1972, one year after President Richard Nixon defaulted on the dollar and formally took the United States off of the gold standard for good, the financial historian and analyst Michael Hudson published “Super Imperialism,” a radical critique of the dollar-dominated world economy. The book is overlooked by today’s economic mainstream but puts forward a variety of provocative arguments that…
On November 9, the two-time Grammy-nominated producer and DJ, Steve Aoki, announced a new partnership with the popular comic book artist and Spawn creator Todd McFarlane. The two plan to launch a non-fungible token (NFT) marketplace that leverages the Solana blockchain. The NFT marketplace will be called Odd Key and Aoki and McFarlane aim to launch the platform on November,…
Social media giant Twitter is expanding further into the crypto space by setting up a team to look into decentralized applications, cryptocurrencies, and blockchain. According to a Nov. 10 tweet, Interchain Foundation council member Tess Rinearson will be leading a team at the social media company aimed at cryptocurrencies, blockchain, and decentralized technology. Rinearson said her team would be working…
Many of FTX’s recent deals, acquisitions, and partnerships have been about playing catch up, according to founder and CEO Sam Bankman-Fried. Theres been some user growth, but we are really coming from behind on name recognition, Bankman-Fried said on Tuesday at the Decrypt and Yahoo Finance Crypto Goes Mainstream event. Weve been around for two and a half years. Thats…
Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible token that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS DAO token. The resulting airdrop translated to an instant five-figure payday for many holders and there are those…
Team Liquid, the esports and gaming organization operating across major titles including League of Legends and Fortnite, has inked a four-year agreement with Coinbase. In a Nov. 10 announcement, Team Liquid said the partnership with the U.S.-based crypto exchange would be aimed at highlighting the crossover between gaming and crypto-curious audiences as well as creating new seemingly crypto-focused content. Coinbase…
