The Block: WBTC: A year in review

Sunday, 15 December 2019 22:59
Quick Take Wrapped Bitcoin (WBTC), an Ethereum-based token pegged to Bitcoin, has failed to see significant momentum over the past 12 months.  WBTC’s lack of traction within money-market Compound may bode ill for alternative ‘Bitcoin-on-Ethereum’ implementations, which many believe will see adoption as a collateral type for…
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Indian tech giant Tata Consultancy Services (TCS), having a market capitalization of over $100 billion, has launched a blockchain development kit. The post Tata rolls out blockchain development kit to help enterprises build apps ‘40% faster’ appeared first on The Block.
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Another batch of the Coinbase-backed USD Coin (USDC) has just been minted. $1.5M worth of USDC will soon be entering the market. USD Coin (USDC), a stablecoin backed by Coinbase and Circle, has been quickly ramping up its issuances as it expands its reserves. The open-source stablecoin…
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Tom Jessop, the president of Fidelity Digital Assets, has reaffirmed the company’s desire to offer ETH support for its clients. However, he stated that the support would only be added if the company sees enough demand for ETH from clients. The Digital Assets section of the Company…
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Nasdaq-listed hardware manufacturer AMD has ventured into blockchain gaming space, after betting big on cryptocurrency mining equipment business once. AMD has joined the Blockchain Game Alliance, which includes gaming giant Ubisoft and ethereum development studio ConsenSys as its members, among others. The post AMD enters into blockchain…
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No major movements were observed through the weekend, though the cryptocurrency market lost a few points and remains under pressure on Monday. The bearish trend sweeping through the digital currency market shows few signs of abating so far. Bitcoin fell to a fresh monthly trading low over…
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The European Central Bank (ECB)’s chief Christine Lagarde spoke positively about stablecoins and blockchain technology in her first press conference. Lagarde spoke about being “ahead of the curve” in terms of blockchains and incorporating stablecoins. A surprise from the ECB chief Regulatory bodies around the world have…
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TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Fidelity Digital Assets could add support for ether next year. Bitmain presents new sales strategies. NYAG introduces new descriptive filing against Tether and Bitfinex. Bitcoin.com to list Hex token. Binance disables margin shorting for…
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The cryptocurrency market sees the week initiate with stalling prices and stagnant values as none of the tokens show a break in any direction. The post Top Cryptos Start Week in a Tight Range, With Each Moving Less Than 1% appeared first on Coin Insider.
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Parity Technologies, the startup behind the Parity Ethereum software client, said Monday that it will open up maintenance of the client by way of a new decentralized autonomous organization (DAO). The post Parity says it will transition Ethereum client work to DAO structure appeared first on The…
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