Four New Stablecoins on OKEx—Find Out What They Are Here!

New stablecoins on OKEx

Starting today, there will be new stablecoins on OKEx!

The third biggest crypto exchange by market cap announced that it is adding four US dollar-backed stablecoins to its platform.

Four New Stablecoins on OKEx

Let’s catch up. Stablecoins are cryptocurrencies that are backed on a one-for-one basis with a fiat currency. For example: if a stablecoin is backed by the US dollar, then every one stablecoin can be traded equally for one US dollar. So, as their namesake suggests, stablecoins provide just that—stability. Stablecoins are ideal for investors who worry about price volatility in ...

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Bitcoin Price: BTC Skyrockets Nearly 10% and Pulls Rest of the Crypto Market Back into the Green

Bitcoin Price

This morning, Bitcoin (BTC) rose almost 10% in less than an hour. After the Bitcoin price jump, investors began dumping money into the other digital assets, causing the market to widely shift green.

Bitcoin Price Movement

Last week, Bitcoin had its first major sell-off in months, but this morning it rose nearly $600 in less than an hour. Late last week, it looked as if Bitcoin was going to drop just below the $6,000 mark, but it’s now comfortably trading over $6,500.

According to CoinMarketCap, Bitcoin (BTC) is trading at $6,655.71 a coin, up ...

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Bithumb Sells $350 Million Stake in Its Cryptocurrency Exchange

Bithumb

Bithumb, one of the largest cryptocurrency exchanges in South Korea by its daily trade volume, has sold more than 38 percent of its ownership to a blockchain consortium in Singapore, Coindesk Korea reported this morning. The stake was sold for 400 billion won, or $350 million USD.

Stake Sold

Bithumb signed the deal on October 11th with BK Global Consortium. BK Global Consortium is a blockchain investment firm that was formed by BK Global, a plastic surgery medical group in Singapore.

BTC Holdings Company currently owns 76 percent of Bithumb’s equity and has agreed ...

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Ripple (XRP) Climbing After Crypto Market Correction

Ripple (XRP)

Ripple (XRP) is making a dashing comeback this morning after the crypto market lost over $20 billion in value this week. Many of the other cryptocurrencies in the top 20 were seeing double-digit losses yesterday, as investors began dumping their digital assets. Now it seems most are making a comeback and XRP is leading the way.

Ripple (XRP) Comeback

Ripple concluded its annual Swell conference last week. The company put together a two-day conference that was held in San Francisco.

#SwellbyRipple is a wrap for 2018! Thanks to all those who joined us in ...

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Cryptocurrency Sell-Off: Bitcoin (BTC) Plummets and Market Follows Suit

Cryptocurrency sell-off

The cryptocurrency market took a huge hit nearly 12 hours ago when Bitcoin (BTC) abruptly dropped over $200 in value within minutes. After BTC dropped, a widespread cryptocurrency sell-off took place and hasn’t slowed down since.

Cryptocurrency Sell-Off

According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,264.43 a coin, down -4.63%. Most of the cryptocurrency market has followed Bitcoin’s spiral, and most coins in the top 15 cryptocurrencies by their total market cap are seeing double-digit percentage losses.

Ethereum (ETH) is currently trading at $201.10 a coin, down -11.07% in 24 hours, and ...

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A Crypto PayPal? UTRUST Will Make Crypto Online Transactions the Everyday Norm

crypto online transactions

A Swedish company wants to make crypto online transactions as simple and as safe as using PayPal. But can such a feat be accomplished in such a volatile marketplace?

Crypto Online Transactions

The cryptocurrency market is still considered to be in its infancy, and many skeptics believe that, as a currency, it is hard to spend it day-to-day.

Proof of this issue is that only 2% of online retailers accept crypto despite the increase in adoption for traders and businesses alike.

Fear remains surrounding the volatile nature of a crypto’s price.

...

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Coinbase Japan: Exec Says Crypto Crackdown in Country is a Good Thing

Coinbase Japan

Major US cryptocurrency exchange Coinbase said Japan’s tighter regulations towards cryptocurrency would give it an advantage, signaling the company’s confidence in securing the regulatory approval for Coinbase Japan.

Japan has been long considered a crypto friendly country, compared to its neighbor China. The country has had a large pool of retail investors interested in blockchain technology and crypto and light-touch government policies. Due to high-profile hacks, Japan has decided to increase its regulatory oversight over the cryptocurrency industry.

Coinbase Japan

Mike Lempres, Chief Policy Officer at Coinbase, told the NIKKEI Asian Review that his ...

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Ripple (XRP) and TRON (TRX) Prices Slide Despite Major Progress

Ripple (XRP)

The cryptocurrency market is trading in the red again today. Bitcoin (BTC) has just dipped below the $6,600 mark and Ethereum (ETH) is trading just above $225. Both Ripple (XRP) and TRON (TRX) are sliding down today, despite both announcing major news regarding their projects recently.

Let’s take a closer look at Ripple and TRON and their latest project advancements.

Ripple (XRP)

Ripple concluded its Swell 2018 conference last week in San Francisco.

#SwellbyRipple is a wrap for 2018! Thanks to all those who joined us in SF, and for those who ...

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Journalism Outlets Love Crypto and Blockchain—Look at Forbes Magazine

Forbes Civil partnership

Multiple journalism outlets have started to incorporate cryptocurrency and blockchain into their business models, which isn’t surprising; we knew this was coming. Back in July, Forbes magazine included crypto players in its ’40 under 40′ list. Last week, Time Magazine put a blockchain startup on its list of 50 innovative businesses. And this week, we have seen the market introduced to a Forbes Civil partnership.

A Forbes Civil Partnership: What Does This Mean?

On Tuesday, October 9th, the co-founder of Civil, a blockchain platform, confirmed that Forbes will be working with the blockchain-based platform to publish ...

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Binance Listing Fees: Largest Cryptocurrency Exchange Will Donate All Fees to Charity

Binance listing fees

Binance, the top cryptocurrency trading platform by its daily trade volume, just made a big announcement regarding its Binance listing fees.

.@cz_binance on solving The #LastMile Issue, ensuring transparency in #charity, and calling developers to help design @BinanceBCF's new donation tracking platform. https://t.co/5FGoQbUbfx

— Binance (@binance) October 9, 2018

Binance Listing Fees

Changpeng Zhao, Binance’s Founder, said that he wrote down the Blockchain Charity Foundation four years ago, but wasn’t able to execute it at the time. With Binance’s catastrophic growth last year, it seems the founder believes now is ...

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TRON (TRX) and EOS are Trading in the Red Despite Releasing Big News

Tron (TRX)

While the total cryptocurrency market is trading mostly in the red today, most of the top digital tokens are only seeing slight losses. For the past 30 days, the total cryptocurrency market has hovered around the $210 billion range. Today, we’re going to take a closer look at TRON (TRX) and EOS.

 TRON (TRX)

TRON is currently the 11th largest cryptocurrency by its total market cap and is sitting just under Monero (XMR). Two days ago, TRON’s Founder Justin Sun announced that Odyssey 3.1 would be launched at 8 PM SGT that day.

Based ...

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XRP and Stellar (XLM) Updates: Will They Break through the Red?

XRP

Most of the cryptocurrency market is trading in the red this morning, but the movement is trending upwards, and coins are beginning to flip green. Stellar (XLM) is just at the cusp of making the transition to positive market gains, but XRP, the coin created by Ripple, is falling far behind.

Let’s take a closer look at the projects surrounding these cryptocurrencies and their latest movement.

XRP

Ripple and XRP are often confused with one another. Ripple Labs is a blockchain-based global fin-tech company seeking to aid financial institutions with their proprietary payment platforms. ...

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EOS, TRON (TRX), and Litecoin (LTC) Updates: Prices Up and Down

EOS

The cryptocurrency market is trading mostly in the red this Friday morning. Most coins in the top 10 cryptocurrencies are either just above the percentage gains threshold or just below. EOS and TRON (TRX) are currently in the green, but Litecoin (LTC) is trading down.

Let’s take a closer look at these projects and their latest movements.

EOS

Recently, the official ‘EOS’ Twitter name was changed to Block.one. Block.one is the blockchain-based company that formed EOS. The company must be taking bets that most people truly interested in EOS know about Block.one, but I’m ...

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Goldman Sachs-Funded Circle Just Launched Three Additions to Its Crypto Investment App

Circle launches Collections

Circle launches Collections, a new addition to Circle’s crypto investment app.

Circle Launches Collections

A few months ago, Circle debuted ‘Buy the Market.’ It was a way for its customers to buy the listed assets it had on its platform in just one tap. Circle’s feature was so successful that over 30 percent of the users were using it after its debut.

This morning, the company is building upon its theme and has launched three additional collections: Platforms, Payments, and Privacy. Each of these new collections divides the crypto assets into themes. Circle believes ...

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Fortnite on the Blockchain? It Could Soon Be a Possibility

Fortnite on the blockchain

According to its website, blockchain creator MagnaChain is “changing the rules of the game.” And with a reported partnering with the popular video game Fortnite, could it be about to change the rules of the biggest game in the world? Could we be playing Fortnite on the blockchain soon?

Fortnite on the Blockchain

The most important aspect to understand here is that MagnaChain has created a blockchain system specifically for video games. It can do this because the company claims its network is capable of handling up to 100,000 transactions per second.

So if ...

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Ripple: xCurrent-Powered MoneyTap App Goes Live in Japan

Japan Bank Consortium MoneyTap launch

Ripple recently announced that The Japan Bank Consortium has officially launched its xCurrent-powered MoneyTap app. So how’s the Japan Bank Consortium MoneyTap launch going so far?

The Japan Bank Consortium launched MoneyTap today, a Ripple-powered payments app to offer real time settlement for domestic payments in Japan! https://t.co/nNtkSfq2PN pic.twitter.com/oeg2XBZG66

— Ripple (@Ripple) October 4, 2018

Ripple xCurrent-powered MoneyTap App

MoneyTap is a consumer-focused blockchain money transfer app that was built by SBI holdings and Ripple. Thanks to the Japan Bank Consortium MoneyTap launch, the app is now available to residents ...

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StellarX is Officially Launched but XLM Remains Red

StellarX launches

Today, StellarX launches! StellarX is the Stellar network-based zero-fee decentralized cryptocurrency exchange. The company behind the platform, Interstellar, announced the upcoming launch via a Medium blog post on September 28th. XLM has yet to be positively affected by the news.

StellarX Launches!

Previously, StellarX was open only to a number of individuals who signed up for its Beta testing, but it seems the team at Interstellar feels confident in their product thus far—confident enough to launch publically!

What makes the platform stand out from the rest is that it’s a totally free trading platform. ...

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Is Ripple Becoming the Microsoft of Crypto? One CEO Says Yes

Ripple

Aside from a dozen lawsuits and a few XRP price drops, Ripple has had quite the year. And big things continue to stir. One CEO has even likened Ripple to Microsoft. But is that an accurate comparison?

Ripple and Microsoft: Two Peas in a Pod?

This week, we’ve seen a few headlines about the company behind XRP. While the news of xRapid expanding into commercial production with RippleNet made waves on Tuesday, it’s the headlines from the day before that caught people’s attention, including mine.

On Monday, October 1st, Phillip Nunn, who is the ...

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Luxury Condo in Manhattan Will be ‘Tokenized’ on the Ethereum Blockchain

Tokenized Real-World Asset

It’s the first of its kind. According to Forbes, a luxury condo development in Manhattan, which is valued at more than $30 million, will be tokenized on the worldwide Ethereum blockchain, making the luxury condo a tokenized real-world asset.

The building comprises of 12 units at 1700 sq ft each and is located on 436 & 442 E 13th St in Manhattans, East Village.

The listing broker on the deal is Ryan Serhant. He and the developer are looking to tokenization as a new method of financing. He says:

“With blockchain tokenization, ...

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