Crypto and The Newest Trend of Presales

Decentralized crowdfunding platforms have been steadily gaining popularity. With the very first ICOs in 2013 of Mastercoin and 2014 of Ethereum, to the modern-day abundance of IDO platforms. Although we have seen a lot of change in this period of time not only from the perspective of nomenclature but also in how crowdfunding and fundraising have been conducted, there are […]

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Paysafe’s Skrill Adds Support for 20 New Cryptocurrencies, Enters 11 New U.S. States and Territories

Paysafe’s digital payments solution Skrill today announced the expansion of its crypto service by adding 20 new cryptocurrencies and entering 11 new U.S. states and territories. Skrill Widens Crypto Offerings In a press release issued today, Skrill – a part of the leading specialized payments firm Paysafe – disclosed it had added support for 20 more cryptocurrencies to its digital […]

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Fidelity Hiring More Staff To Meet Increasing Institutional Appetite for Crypto

Recently, Tom Jessop, President of Fidelity Digital Assets, a subsidiary of Boston-headquartered American multinational financial services company Fidelity Investments, talked about the increasing demand for crypto service from institutional investors. On 15 October 2018, Fidelity Investments announced via a press release the launch of a new company, Fidelity Digital Asset Services (aka “Fidelity Digital Assets”), which would offer “enterprise-quality custody and trade execution services” for cryptocurrencies […]

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What Are Crypto-collateralized Stablecoins and How They Work

Crypto-collateralized stablecoins are stablecoins backed by other cryptocurrencies to shield them from the high volatility of the reserve crypto. By ‘backing’ them, they act as collateral. How Crypto-collateralized Stablecoins Work Let’s say you deposit ether worth $10 and receive stablecoins amounting to $5; this ensures that the stablecoin is 200% collateralized. When Ether drops by $2, the stablecoin price will […]

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XRP's Use Cases Are ‘Basically the Same as Bitcoin’, Says Ripple Exec

Ripple’s Director of Developer Relations, Matt Hamilton, has claimed on social media that XRP was created by Bitcoin developers as a “better” version of the cryptocurrency once they realized “bitcoin’s energy usage was not scalable,” and that XRP’s use cases are “basically the same as Bitcoin. Hamilton’s words came as he discussed the cryptocurrency with other users on the microblogging […]

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Ethereum ($ETH) Is Set to Surpass Bitcoin’s Market Capitalization, Says Celsius CEO

The CEO of cryptocurrency lending platform Celsius, Alex Mashinsky, has revealed that Ethereum is already “flippening” bitcoin when it comes to total U.S. dollar amount invested by its firm’s users, and believes the trend will expand to the wider market. During an interview with Kitco News, Mashinsky argued that Ethereum’s ether has already surpassed bitcoin on Celsius as the firm […]

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IOST (IOST) Ecosystem Continues to Flourish in H1 2021, A Quick Recap

(Source: IOST) (Source: IOST) (Source: IOST) (Source: IOST) Other Integrations Besides the aforementioned accolades, IOST had multiple significant integrations during H1 2021. For instance, on May 7, BTCManager reported how IOST had joined forces with crypto staking service provider Moonstake to enable a seamless IOST staking experience for users. In the same vein, in March IOST partnered with the Apron […]

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