The USD Coin (USDC) is an open-source cryptocurrency stablecoin with a value tied to the US Dollar. It was launched in 2018 and is backed by the CENTRE Consortium, a partnership between Circle and Coinbase, two well-funded and well-known cryptocurrency brands.
EOS is just over a year old, but it has rapidly risen to prominence as one of the leading platforms for developing distributed applications. Unlike proof-of-work blockchains like Ethereum, EOS has a slightly different model: the system relies on 21 high-powered block producers to drive its network, providing maximum efficiency and performance speed.
One of the world’s leading financial trading firms says that clients have become more interested in cryptocurrency, ever since Facebook announced its entry into the space.
CMC Markets, which has approximately 80,000 clients worldwide, says it has seen the number of inquiries about digital assets increase significantly since about mid-May.
Institutional investors have long been considered a key ingredient in the recipe for bitcoin’s mass adoption. However, they are also considered the least likely to gamble on a product as unpredictable as cryptocurrency. According to popular belief, hedge and pension funds would hold back from crypto investment products, until the volatility notoriously associated with virtual currencies mellowed.
Oddly enough, these investors came to crypto right as volatility began to increase.
ICON is gaining bullish momentum in anticipation of the launch of staking on its network.
Monero has a bullish short-term outlook, with the cryptocurrency recovering back above its 200-period moving average on the four-hour time frame.
The offices of one of TRON’s Chinese partners was the centre of a fracas today as victims of a scheme that had claimed to be affiliated with the company tried to disturb company employees as they came into work today.
Building on the blockchain isn’t easy, but a new set of developer tools might simplify the process for cost-sensitive businesses. NULS, an adaptive blockchain platform that specializes in providing fast-track solutions, has announced a beta release with new developer tools.
The Lightning Network is often touted as the solution to Bitcoin’s scaling challenges and has shown tremendous growth with total channel capacity for the off-chain payments network reaching 1100 BTC in early May, just over a year since it began operation.
The Monero Konferenco took place in Denver, Colorado last month, drawing some of the brightest minds of the privacy-oriented community. While most of the speakers presented on protocols, secure hardware and decentralization, they also shed light on a Monero (XMR) ecosytem that’s beginning to unfold.
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