Latest Market News
In a favorable development for the enterprise blockchain industry, the Enterprise Ethereum Alliance and Hyperledger have entered into a collaboration through mutual associate membership.
According to a Bloomberg report, Tether could be looking for new banking partners to hold the reserves backing its USDT stablecoin. Citing “a person with direct knowledge of the situation”, the report says that the Puerto Rico-based Noble Bank International is looking for a buyer after it lost some of its key clients.
The first day of Ripple’s Swell conference brought some exciting news for the XRP token with Ripple announcing that their xRapid product for international payments is ready for commercial deployment. Unlike Ripple’s xCurrent product, which doesn’t utilize XRP, the token is a key component of xRapid.
The research team of the BitMEX cryptocurrency exchange has conducted an analysis of 222 initial coin offering (ICO) projects, and found that the ICO space wasn’t hit as hard by ETH’s steep decline in 2018 as one might have expected:
One of the most popular cryptocurrencies mined by cryptojacking software is XMR - the Monero community is well aware of this issue, and has provided a set of resources meant to educate users about malicious mining attacks.
The Stellar platform has reached one of its most highly anticipated milestones - the StellarX trading platform has gone live and currently features markets for about 50 different assets.
As the market retains a relatively healthy value, this week’s projects are set to roll out a number of significant developments that should draw attention to each respective project, and possibly stimulate some positive price action.
Despite fluctuating throughout the week, the total market cap has returned to the $220 range to close out the week. Bitcoin Cash and XRP were standout performers among the top 10, while Bitcoin and Ethereum had a mostly unexciting 7 days.
Binance has announced the listing of Paxos Standard (PAX), a dollar-pegged stablecoin issued by Paxos. Initially, PAX will only be paired with Binance’s BNB token, but the exchange says other pairs will be enabled once more PAX is deposited onto the exchange.
Cryptocurrency mining hardware manufacturer and mining pool operator Bitmain has confirmed its intentions to hold a initial public offering (IPO) on the Hong Kong Stock Exchange. The 438 page application proof document, which is still in draft form, reveals many details about the company that were previously unknown to the general public.
