Tag: Uudised

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

Moments after the Chinese yuans onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against......

Aruanne: Leaked Audio Featuring Celsius Execs Uncovers Plans to Create an IOU Cryptocurrency

According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to......

Tether Reveals USDT Stablecoin Is Now Supported by Polkadot

Tether is now live on 15 different blockchain networks, according to the companys latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoins new support follows the token being added to......

Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper

Following Ethereums transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain networks transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could......

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions

Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this years surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’......

Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, USA. Office of Science and Technology Policy published a report that claims......

Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets

Teisipäeval, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWFs goal is to increaseinteroperability for a wide range of wallet use cases”......

Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks

Esmaspäeval, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market......

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across......

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy......