Tether Intentionally Obliterates 500 Million USDT

Yesterday Tether quietly took 500 million USDT out of circulation, then promptly destroyed them. Tether Supply Shrinks By $500 USDT Yesterday the stablecoin saga took a new twist as Tether Limited, the company responsible for minting and distributing the USD-pegged ‘stablecoin’ Tether (USDT) 00, removed 500 million USDT from circulation and destroyed them. Blockchain data […]

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LINE’s Cryptocurrency Exchange Lists Its Own Token for Trading

The crypto exchange launched by Japan’s largest social network, LINE, announced the listing of its own token LINK (LNK) for trading against Bitcoin, Ethereum, and Tether. LNK Up For Trading on Bitbox Bitbox, the cryptocurrency exchange launched by messaging giant LINE, announced that it will list its very own token for trading against major digital […]

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Stablecoin Analysis: Panacea to Crypto Volatility or Disaster Waiting to Happen

Osato Avan-Nomayo · May 30, 2018 · 2:30 am Volatility is ubiquitous in the world of cryptocurrencies. The prices of cryptocurrencies swing wildly, sometimes within a 24-hour period. As a result, some cryptocurrency projects have attempted to create the so-called “stablecoin.” The Need for Stablecoins The price volatility of crypto species is anathema to many […]

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MakerDAO and Blockshipping Collaborate to Transform the Global Container Shipping Industry

Cynthia Turcotte · May 12, 2018 · 12:00 pm MakerDAO, creators of the Dai stablecoin, and Blockshipping, creators of the Global Shared Container Platform, (GSCP), are working together to transform the global container shipping industry, enabling significant savings in cost and CO2 emissions. The partnership is expected to accelerate development and availability of the Blockshipping GSCP […]

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Kowala CEO: 4 Obstacles Crypto Must Overcome to Beat PayPal

Osato Avan-Nomayo · May 5, 2018 · 11:00 pm Eiland Glover, the founder and CEO of Kowala believes that the time is ripe for cryptos to upstage mainstream remittance platforms like PayPal. He made this assertion known in an op-ed submitted to Irish Tech News. Kowala is a blockchain platform that aims to deliver the […]

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