MakerMaker MKR STO news

Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token — the Dai — against the U.S. Dollar.
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KyberSwap Dex partners with Coindirect to launch fiat-to-crypto gateway

Decentralised exchange KyberSwap built on the Ethereum blockchain has teamed up with Coindirect to introduce a new on-ramp. With this partnership, KyberSwap stands as one of the first decentralized platforms to launch a fiat-to-crypto gateway. KyberSwap’s platform previously provided support of Ethereum ERC20 tokens. However, this new integration allows users to purchase Ether directly from KyberSwap’s web and mobile apps using a credit card. From there, customers can trade more than 70 digital assets. The new gateway allows users from over 100 countries to purchase digital assets using their local currency. Moreover, KyberSwap’s platform also presents a seamless user experience, with decentralized token swaps, price charts, price alerts, non-custodial limit orders, and tracking of different assets on a watchlist. Coindirect, backed by Concentric, MakerDAO and Blockchain.com, offers support for VISA and credit and debit cards through MasterCard. The London-headquartered platform also supports Mobile Money and other payment solutions for countries within emerging markets. Coindirect also boasts one of the lowest fees in the industry while offering support to the world-wide market.  Regarding the new partnership, Sunny Jain, KyberSwap’s Head of Product stated: “The Kyber team met many people during recent Ethereum events who were keen to join the blockchain ecosystem but weren’t sure where to begin. We realized that a lot of people who have never held digital assets find the current process extremely complex. This inspired our partnership with Coindirect to build a simple and secure fiat-to-crypto gateway, helping to increase crypto adoption worldwide.”  Jesse Hemson-Struthers, CEO and founder of Coindirect commented: “We are excited to work with Kyber Network to introduce one of the first fiat-to-crypto gateways for the decentralized finance ecosystem. Together, we hope to make it simpler for people to purchase their first digital asset and equalize people’s access to the global financial markets.”  KyberSwap is accessible via its website, as well as iOS and Android mobile apps. For more information, please visit Coindirect Business.  The post KyberSwap Dex partners with Coindirect to launch fiat-to-crypto gateway appeared first on Coin Insider.
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In first, decentralized exchange KyberSwap rolls out fiat-to-crypto gateway

KyberSwap, a decentralized exchange (DEX) platform built on the Ethereum blockchain by Kyber Network, has become the first DEX to launch a new fiat-to-crypto gateway. The gateway has been launched in partnership with MakerDAO-backed crypto startup Coindirect, according to a press release shared with The Block on Friday. The move will allow the DEX’s users to purchase cryptocurrencies directly with fiat currencies. KyberSwap currently supports the trading of ether (ETH) and ERC20 tokens only, which means users can buy these tokens directly using fiat, as well as Visa and Mastercard credit and debit cards as Coindirect supports these cards. “We realized that a lot of people who have never held digital assets find the current process extremely complex. This inspired our partnership with Coindirect to build a simple and secure fiat-to-crypto gateway, helping to increase crypto adoption worldwide,” said Sunny Jain, head of product at KyberSwap. In July, crypto exchange Binance’s official wallet, Trust Wallet, also partnered with Kyber Network, to add trading support for “multiple” DEXs. The move gives users more options to “instantly” trade their assets and “tap into a large pool of ERC20 token liquidity.” KyberSwap supports more than 70 tokens including stablecoins DAI, USDC, TUSD, USDT, digital gold DGX, as well as MKR, LINK, KNC, and WBTC (wrapped Bitcoin).
The Block Crypto

SwanDAI: Hedging Against the Inherent Risks of DAI

Ethereum bears have consistently called DAI an unreliable stablecoin, as the peg is dependent on supply and demand stemming from Collateralized Debt Positions (CDPs) on MakerDAO. Similarly, those leveraging DAI to stack 10-14 percent of interest a year might be worried about the DAI peg collapsing. SwanDAI introduces a synthetic token that allows users toRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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Samsung Galaxy S10 Now Supports 32 Digital Assets Including Bitcoin

Coinspeaker Samsung Galaxy S10 Now Supports 32 Digital Assets Including BitcoinA few months ago in March, Samsung launched its new Galaxy S10 with the “Blockchain Keystore”, a wallet with support from several decentralized apps (DApps) along with Ether (ETH) and other Ethereum powered ERC20 tokens as well. Now, the tech giant has added Bitcoin to its native wallet, as well as further support for at least 32 other digital assets.According to reports, the Galaxy S10 wallet app will now automatically generate a Bitcoin (BTC) address along with Ethereum (ETH) which was supported from the beginning. There is now additional support for 31 others, allowing individual users to create as many addresses as desired for all the rest.Apart from BTC and ETH, other supported assets include Basic Attention Token (BAT), Pundi X’s NPXS token and Maker (MKR) among others. Unconfirmed reports from a Reddit post, shows support for TrueUSD (TUSD), Binance Coin (BNB), as well as USD Coin (USDC). In addition to these, the Samsung Blockchain Keystore will also support the Klaytn, a digital asset from Kakao, the popular Korean messaging platform.These currencies are reportedly available with the S10 range including the S10 5G, S10+, S10, and S10e. The wallet app is also available on the Note10 and Note10+ models as well. At the moment, even though the devices are available pretty much everywhere, these specific blockchain features can only be accessed in the United States, the United Kingdom, South Korea, Germany, Spain, Switzerland, and Canada.The app also boasts of top-notch security. One of the major problems with the crypto industry is the likelihood of a breach which has happened quite a few times even to some of the world’s biggest and supposedly most secure exchanges.A major solution to this is the use of private keys held with the wallet owners and not with the exchanges. This allows owners remain responsible for their funds instead of delegating some of this responsibility to the exchanges themselves. Samsung, therefore, allows users to hold their private key and boasts that the Samsung Blockchain Keystore is a very safe and secure way to hold funds, also promising that the private keys are “never saved to a Samsung or external cloud.”For DApps, it was previously reported that the mobile app will support at least four. They include Enjin, a blockchain gaming platform; the popular CryptoKitties collectibles game, Cosmee beauty platform and CoinDuck, a blockchain payments service. At the moment, Samsung plans to add 13 more, taking the number of supported DApps up to 17.Among the added DApps is one known as DENT. The application is used for the borderless exchange of mobile data using contacts stored within its address book. The DENT DApp can also easily be funded for purchasing these data packages using fiat via PayPal and also using several supported digital assets.Samsung Galaxy S10 Now Supports 32 Digital Assets Including Bitcoin
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Samsung’s Galaxy S10 Blockchain Wallet Adds Support for 33 Cryptos

South Korean tech giant Samsung is marching ahead in the crypto space. The crypto-centric Galaxy S10 launched this year, and the giant has fulfilled its promise of providing a blockchain wallet to support Bitcoin and other cryptocurrencies. Bitcoin Already Included in Samsung Galaxy S10 According to a report from South Korean national daily newspaper sedaily, the  Samsung Galaxy S10 blockchain wallet has added support for Bitcoin, Ethereum and other cryptocurrencies. It’s essential to remind that the Samsung Galaxy S10 series has an inbuilt Samsung Blockchain Keystore development kit, dubbed as Samsung Blockchain Keystore (SDK) on its developers’ website. At the time of the launch on August 22, the phones did not have the blockchain wallet but this screenshot taken on August 30 confirms that the support for Bitcoin and Ethereum has been added. The Google-translated report reads that; Samsung Blockchain Wallet will automatically create two types of accounts: Ethereum (ETH), which has been supported from the beginning, and a newly added BTC. If you want to open an additional cryptocurrency wallet, you can create it by adding coins or tokens. With this development, Samsung has joined the league of major mainstream companies that are developing crypto-oriented products. On this, Samsung said, “Although other companies have not done so yet, we have already made a blockchain wallet and released it”. As mentioned in the same report, Galaxy S10 supports 33 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Basic Attention Token (BAT), Maker (MKR) and Pundi X’s NPXS. Besides, it features DApp tokens by Galaxy store. The latest DApp that was included in Galaxy S10 was DENT. Furthermore, an official of the Samsung Galaxy Store remarks; “Dapps that are affiliated with the company will be added to the Samsung blockchain wallet list, and the tokens of the Dapp will also be added to the Samsung blockchain wallet’s support token list.” A Reddit user shared a snapshot of Galaxy S10 wallet that supports Binance Coin, USD Coin, TrueUSD. As for now, Samsung’s so-called SDK is restricted to a few regions. Only citizens of Canada, Germany, South Korea, Spain, Switzerland, the United States of America and the UK can access the Samsung Galaxy S10 Blockchain wallet. Image Source – Finder.com The post Samsung’s Galaxy S10 Blockchain Wallet Adds Support for 33 Cryptos appeared first on Coingape.
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Huobi Continues Its Expansion Into DeFi By Adding Support For Compound & MakerDAO On Huobi Wallet

Huobi Group has continued its expansion into decentralized finance (DeFi) by adding support for MakerDao and Compound on Huobi Wallet – including support for all tokens and DApps of those projects. “We think blockchain technology has great potential not just for cryptocurrency but also in providing better overall financial services and products to the public,” said Livio Weng, CEO of Huobi Global. “Both Compound and MakerDAO share our vision and we’re happy to add support for them.” Compound is an open-source, autonomous protocol built for developers, to unlock a universe of new financial applications. Huobi Wallet now supports the project’s cTokens as well as its DApp which enables users to lend their crypto to others and earn interest in return. “Decentralized, transparent applications are the future of finance, and will lead to a wealthier, more connected world. But so far, DApps have been difficult to access and use. Huobi Wallet is making decentralized finance more accessible — which has the potential to change society,” said Robert Leshner, Founder and CEO of Compound. The Maker project is comprised of a decentralized stablecoin, collateral loans, and community governance. Huobi Wallet now supports both DAI, its stablecoin, as well as its MKR token plus apps like CPD Portal, which allows for collateralized debt positions. Huobi Group has made decentralized finance a priority in the later half of 2019. In July, the company announced a partnership with layered blockchain network Nervos to develop a new public blockchain focused on DeFi services. The project, provisionally named Huobi Finance Chain, will be a regulator- friendly, high-performance financial blockchain that allows enterprises, financial institutions, and exchanges to deploy their own blockchains, tokenized assets, and DeFi services. Among other applications, the project will have the potential to host lending services, debit services, stablecoins, decentralized exchanges (DEXs), real-world payment services, and more. For more information, contact media@huobi.com. About Huobi Group: Consisting of numerous upstream and downstream enterprises, Huobi Group is a leading global blockchain company. Established in 2013, Huobi Group’s accumulative turnover exceeds US $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries. For more info, visit www.hbg.com The post Huobi Continues Its Expansion Into DeFi By Adding Support For Compound & MakerDAO On Huobi Wallet appeared first on Bitcoin Garden.
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Monolith partners with decentralized finance heavyweights to spend MKR, DGX and DGD anywhere that accepts Visa

Monolith is bringing crypto adoption to the mainstream with a debit card that lets you spend your coins and tokens anywhere in Europe that Visa is currently accepted. The news follows an announcement from UK-based Monolith that they have partnered with MakerDAO and Digix to offer their tokens on the platform. Creating gold for the digital age. pic.twitter.com/Y0FRa5kHiv — Digix (@DigixGlobal) July 1, 2019 The smartphone-based Monolith platform allows you to quickly and easily send and receive cryptocurrencies, including ETH, DAI, TKN, MKR, DGX, and DGD, convert them into fiat currency and pre-load them on to a Visa debit card that is attached to your Monolith account. Mel Gelderman, CEO of Monolith, said MakerDAO and Digix represent high-quality Ethereum decentralized finance projects and are the first in a long set of milestones on Monolith’s roadmap. He said: “We’re thrilled to have had a fantastic response from our beta users and are now ramping up for growth. Rebranding from Tokencard to Monolith has helped us achieve our mission of democratizing finance and bringing the token economy to everyone while providing a unique service to our customers.” Gelderman added: “MakerDAO and Digix are some of the most well-recognized and earliest Ethereum-based projects. For TKN holders, these partnerships mean that MKR, DAI, DGD and DGX are now eligible for use in Monolith. We’re thrilled to offer them on the platform, and see this as the start of bringing many more quality tokens into the Monolith ecosystem. Watch this space.” Self-sovereign banking Monolith means anyone can finally achieve the cypherpunk ideal, of ‘becoming their own bank’, and can effectively live their lives on Ethereum away from big banks and corporations. Once loaded up the Visa debit card can be used at millions of locations across Europe that accept Visa, opening up a world of opportunity for people who want to make a permanent switch to living on cryptocurrencies. You can then spend your cryptocurrencies anywhere Visa is accepted, whether it’s buying drinks, cinema tickets, or anything else you can think of. Tea, Tokens and the Moon landing. Paid for in $ETH with @tokencard_io Best weekend. pic.twitter.com/xeW8obrbzi — Mel 'Monolith' Gelderman (@MelGelderman) August 3, 2019 The service is decentralized and completely non-custodial, with each account holder creating a private seed phrase for their account and having complete control of their finances, allowing them to operate as their own self-sovereign bank. Backing They have the backing of some well-respected figures across the crypto space too, including Rune Christensen, CEO, and founder of MakerDAO. He said: “Monolith’s solution provides a powerful way for token holders to extend the usefulness of their crypto-holdings. Their cards create a critical bridge from the world of DeFi to the more traditional world of retail.” The post Monolith partners with decentralized finance heavyweights to spend MKR, DGX and DGD anywhere that accepts Visa appeared first on CryptoSlate.
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Monolith Partners with Digix and MakerDAO to Make Tokens Loadable Visa Debit

On Thursday, August 15, 2019, London-based, Ethereum-powered banking alternative, Monolith reported on its recent partnership with smart asset company, Digix (token: DGX) and stablecoin project, MakerDAO (token: DAO). The reason for said alliance stems from the latter two’s aim of getting their tokens loaded on the Monolith Visa debit card. Commencing this very same day, […]
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Visa debit card available in Europe allows to spend Dai stablecoin anywhere in the world

Ethereum-based banking alternative platform Monolith is issuing a new Visa debit card, which allows users to spend Dai stablecoin anywhere in the world at stores that accept Visa payments. Monolith announced the news Thursday, saying that it has partnered with MakerDAO, the firm behind Dai, for the initiative. The debit card, however, is currently issued only in Europe, per the announcement. Monolith, formerly known as TokenCard, has also collaborated with the asset-tokenization platform Digix, to allow the card users to spend its DGX token, each of which is represented by 1 gram of gold. “As part of Monolith’s offering, users are able to pay for everyday purchases, pay bills or send and receive money from friends and family - all powered by Ethereum,” the firm said. Monolith's non-custodial wallet offering Contract currently also supports ether (ETH) and ERC-20 tokens. The wallet app is presently available on the iOS platform, with a plan to come up with an Android app in the future, per the announcement.
The Block Crypto

You Can Spend Crypto Gold With A Visa Card….Sort Of

Ethereum-based Decentralized Finance provider Monolith has announced a partnership with MakerDAO and Digix, allowing Monolith users to load DAI, DGX and DGD tokens to their debit cards. This adds to existing options ETH and TKN, the project’s own token. With each DGX tokens backed by gold, the partnership effectively means that Monolith users can spend precious metals on their day-to-day expenses, all through a decentralized application. Previously called TokenCard, the Monolith project launched its iOS app last month in Europe and the UK, with an Android release coming soon. The app features a non-custodial contract wallet for storage of Ethereum and ERC-20 tokens, which can then be exchanged and loaded onto the Monolith VISA debit card. Part of the fees from each card load go towards TKN, which is backed by a wide basket of Ethereum tokens, including DAI and DGX. This translates to continuous demand for the token, a similar approach to that of Binance’s BNB.  Monolith is making a strong bid towards decentralized finance. Founded in 2016, the London-based company is now starting a new growth phase. “We’re thrilled to have had a fantastic response from our beta users and are now ramping up for growth,” shared Mel Gelderman, CEO of Monolith. “Rebranding to Monolith helps us achieve our mission of democratising finance and bringing the Token economy to everyone while providing a unique service to our customers.” Monolith is also seeking the company of other DeFi projects in the Ethereum space. “MakerDAO and Digix are some of the most well-recognised and earliest Ethereum-based projects,” Gelderman continued. “For TKN holders, these partnerships mean that DAI, DGD and DGX are now eligible for usage in the TKN Asset Contract. We’re thrilled to offer them on Monolith, and see this as the start of bringing many more quality tokens into the Monolith ecosystem. Watch this space.” The Monolith name stemmed from Arthur C. Clarke’s novel 2001: A Space Odyssey, alluding to ‘transcendence in the world economy through the introduction of Decentralized Finance,’ as the company states.   The post You Can Spend Crypto Gold With A Visa Card….Sort Of appeared first on Crypto Briefing.
CryptoBriefing

First Wave of 120 ERC-20 Tokens Added to eToro Wallet

Coinspeaker First Wave of 120 ERC-20 Tokens Added to eToro WalleteToroX, the blockchain subsidiary of global investment platform eToro, today announces it will add 120 ERC-20 tokens to its multi-crypto on-chain wallet.The first 5 of the 120 tokens added to the wallet today are 3 cryptoassets: Maker (MKR), Basic Attention Token (BAT), OmiseGO (OMG) and two eToro stablecoins: eToro EuroX (EURX) and eToro US DollarX (USDX).Doron Rosenblum, Managing Director of eToroX, comments:“Adding 120 ERC-20 tokens to the eToro wallet is further evidence of our belief that one day all investable assets will be tokenized. One of the main barriers to mass adoption of cryptoassets is lack of access. Making these first 5 tokens available enables more people to transfer and hold them into a secure and regulated wallet. The next step will be adding more ERC-20 tokens to our exchange, which we plan to do in the near future.”ERC-20 tokens are used solely on the Ethereum blockchain network and must follow a set of rules so that they can be shared, exchanged for other cryptoassets or transferred to a crypto wallet.The eToro wallet is a mobile application available via Google Play and the Apple App Store. It provides an easy to use customer interface and enhanced security. Multi-signature* security gives users the ability to see their on-blockchain transactions and balances without the fear of losing their private key**.The wallet is developed and managed by eToroX, a subsidiary of eToro Group. eToroX is one of the first companies to be certified as a regulated Distributed Ledger Technology (DLT) provider by the Gibraltar Financial Services Commission (GFSC).ERC-20 tokens must adhere to 6 mandatory rules and have the option of following three.About eToroeToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. The eToro Group consists of the eToro platform, our multi-asset trading and investment venue, and eToroX, which manages our crypto wallet and exchange.The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than ten million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.As technology has evolved, so has our business. In 2018, we created eToroX, our tokenized asset subsidiary. eToroX provides the infrastructure, in the form of a crypto wallet and the forthcoming exchange, that supports our commitment to facilitating the evolution of tokenized assets. We believe that leveraging blockchain technology will enable us to become the first truly global service provider allowing everyone to trade, invest and save.About eToroXeToroX is a subsidiary of the eToro Group. The business was formed in 2018 to provide the infrastructure to support eToro Group’s commitment to facilitating the evolution of tokenized assets. It provides eToro’s newly launched wallet and runs the exchange.The distributed ledger technology (DLT) provider licence was granted by the Gibraltar Financial Services Commission to eToroX in December 2018 (licence number FSC1333B). eToroX is incorporated in Gibraltar with company number 116348 and its registered office is at 57/63 Line Wall Road, Gibraltar.DisclaimereToro is regulated in Europe by the Cyprus Securities and Exchange Commission and regulated by the Financial Conduct Authority in the UK.eToroX is incorporated in Gibraltar with company number 116348 and its registered office is at 57/63 Line Wall Road, Gibraltar. It’s distributed ledger technology (DLT) provider licence was granted by the Gibraltar Financial Services Commission in December 2018 (licence number FSC1333B).* Multi-signature – refers to requiring more than one key to authorise a bitcoin transaction. ** Private key – A secret key, which combined with an algorithm allows you to encrypt or decrypt ‘content’.First Wave of 120 ERC-20 Tokens Added to eToro Wallet
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IOTA Introduces Permanode Tech For Long-Term Data-Storage

The IOTA Foundation is taking a major step towards ensuring permanency in the Tangle, announcing a “Permanode” technology called Chronicle. IOTA is designed as a protocol for the permissionless and frictionless exchange of value between machines and humans, with the Tangle acting as a distributed ledger. Using the new permanode technology, users will be able to securely store data, where it will be  “verifiable to third parties for free.”   While some data doesn’t need to be stored for years, decades, or lifetimes, certain sorts of data require greater permanence. “For example,” the IOTA blog explains, “financial data must be stored for 10 years in some cases, and identity data needs to be kept for the lifetime of the identity.”  The IOTA Foundation describes the new permanode technology as a “crucial building block” for enabling these types of use-cases. The Foundation describes Chronicle as the “official permanode solution,” enabling easy access to the Tangle’s entire history, which is stored indefinitely via the technology.  The system is described as a “distributed fault-tolerant permanode that scales out and up…”     source: IOTA Foundation   Chronicle has some unique and interesting use-cases for community members and businesses, such as offering “query as a service.” Node owners might find a new stream of revenue charging IOTA tokens to access Tangle data. Further services could be added through “Multiplex networks,” offering “microservices… that can communicate with public and private dataset(s) under different policies.”  Chronicle is due for a third-party audit to ensure it is ‘water-tight’ before it is released to the public. The IOTA Foundation invites community members to take part in the work, with grants available for “developing and expanding the notion of permanodes.”   source: CoinMarketCap   IOTA joined the altcoin surge today, enjoying a healthy bump of more than 14% in value against USD and BTC over the past 24 hours. The token has enjoyed a positive week, with over 10% growth in USD price over the past seven days.   The post IOTA Introduces Permanode Tech For Long-Term Data-Storage appeared first on Crypto Briefing.
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HUGE Altcoin Updates! Stellar, Binance US, Tomochain, Digibyte, NEO, Monero, Bitcoin Bakkt

Binance Adds BNB to Binance US https://finance.yahoo.com/news/binance-us-adding-7th-coin-102155751.html A brief history of the world of crypto. Plus, all of the latest news and updates from the Stellar Developers ecosystem https://medium.com/stellar-community/stellar-dev-digest-issue-14-ea71609a22b0 How TomoChain’s TomoZ intends to take on Ethereum market share! https://twitter.com/TomoChainANN/status/1173152916888096768 https://twitter.com/Altcoinbuzzio/status/1172575745584971777 https://www.altcoinbuzz.io/crypto-news/product-release/how-tomochains-tomoz-intends-to-take-on-ethereum-market-share/ Virtual Rehab with Virtual Reality is now solving real-world problems https://cryptodaily.co.uk/2019/09/apple-entry-blockchain-via-rumoured-vr-project https://www.zerohedge.com/news/2019-09-09/virtual-reality-now-solving-real-world-problems Celer Network and NEO Are Launching a Partnership https://www.altcoinbuzz.io/crypto-news/partnerships/celer-network-and-neo-are-launching-a-partnership/ Bitcoin #Bakkt Tweet https://twitter.com/Bakkt/status/1173683919687966720 Big! #Monero ready to use Zcoin’s Privacy protocol https://www.altcoinbuzz.io/crypto-news/product-release/big-monero-ready-to-use-zcoin-privacy-protocol/ #digibyte lists on UpHold https://twitter.com/DigiByteCoin/status/1173623829652004866 #bitcoin #cryptocurrency #altcoin #altcoins #crypto #btc $BTC #bitcoinprice #ethereum #electroneum #cardano #enjin #crypto.com #hpb #digibyte #bitcoinnews #btcnews #libra #chainlink #ripple #xrp #xrpripple #binance #bitcoinnewstoday #cryptonews #litecoin #cryptocurrencynews #news Bitcoin cryptocurrency altcoin altcoins crypto btc $BTC bitcoin price ethereum electroneum enjin crypto.com cardano digibyte bitcoin news btc libra chainlink ripple xrp ripple Binance bitcoin news today crypto news Litecoin cryptocurrency news hpb high performance blockchain $xrp $enj $etn $ltc $dgb $ada NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Celsius Network Offers up To 12% APR on USDC, TUSD, USDT and Other Stablecoins

The Celsius app offers the industry highest rates and supports six different stablecoins all eligible to earn up to 12.03% annually with interest paid out weekly Celsius Network (https://celsius.network/), the industry-leading cryptocurrency platform, announces today it has increased interest rates for stablecoin deposits to 12.03% APR. Users who choose to earn interest in Celsius Network's blockchain-based CEL token can earn up to 30% more than the 9.25% depositors who are paid in-kind on their coins. Celsius is raising its rates because it is consistently earning higher returns on its deposits and distributes 80% of its income to its depositors; as it earns more, it distributes more. Unlike other platforms, ...Full story available on Benzinga.com
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VanEck, SolidX Pull Bitcoin ETF Filing From SEC Consideration

Less than two weeks after VanEck and SolidX rolled out the VanEck SolidX Bitcoin Trust ETF (XBTC), a bitcoin exchange traded product aimed at institutional investors, the firms said they're withdrawing plans for bitcoin exchange traded fund aimed at a broader swath of investors. What Happened The ETF issuer and the fintech firm pulled the filing from consideration by the Securities and Exchange Commission on Sept. 13. The agency had delayed an ultimate decision on that product, as it has with various other bitcoin ETF proposals, several times, but was facing a hard and fast deadline of Oct. 18 to approve or disapprove the VanEck SolidX Bitcoin Trust. “Tuesday’s filing marks the second time VanEck and SolidX withdrew the proposed ETF. ...Full story available on Benzinga.com
Benzinga

IOTA Introduces Chronicle Permanode to Amend Scalability Issues

IOTA, a permissionless trust protocol designed to revolutionize the Internet of Things (IoT) ecosystem by facilitating a frictionless exchange of value between machines and humans, has announced the launch of Chronicle, a permanode solution the team hopes will give node operators an unlimited amount of storage space in their Tangle distributed database, according to aRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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