Stellar blockchain to integrate USDC stablecoin into its ecosystem

Stellar (XLM) has announced that it is set to deploy stablecoin USDC on its blockchain network. This development is part of the Stellar blockchain aim to expand its capabilities as a cross-border payment platform. Stellar Latest blockchain to deploy USDC Stellar becomes the third blockchain to host USDC after Ethereum and Algorand, which joined last June. USDC will be integrated with all Stellar products, including payment solutions and APIs on its blockchain. Speaking on the development, Danielle Dixon, CEO of Stellar…

Impact of Retail Driven Adoption in The Crypto Industry

Digital currency is wildly seeking after mainstream status, and doubtlessly, the tenacious fall of crypto costs is antagonistically adding to its goals. Nonetheless, there is a whole other world to acknowledge formal reception rather than crypto’s undeniable prices. The primary use of cryptocurrency isn’t for the store of value that is broadly becoming a trend. Instead, cryptocurrencies are an advanced type of cash; consequently, their essential use case lies in facilitating exchanges. Crypto’s dominant selling point is its quick exchanges,…

OKEx Suspends Withdrawals Following Founder’s Arrest, OKB Shreds 15%

Major cryptocurrency exchange OKEx announced today that it halted all withdrawal services. This is coming after the exchange lost touch with the Founder Star Xu, one of the exchange’s private key managers. Xu was reportedly taken away by the police and is cooperating with the authorities in an investigation. Following the event, the company said it couldn’t communicate with him, hence the suspension. “One of our private key holders is currently cooperating with a public security bureau in investigations where…

Luxury Watchmaker Breitling Gets Blockchain Based Digital Watch Certificate

A well-known Swiss company Breitling has become the world's first luxury watchmaker to leverage blockchain technology to offer a digital warranty program to its customers. The company is calling it a digital passport, which will be included with all its watches starting October 13th. In addition, the company has tied up with Arianee technology to foray into the blockchain world. Arianee technology is working towards building a global standard for the digital certification of valuable objects. Powered by Blockchain With…

Andre Cronje Says DeFi Tokens Are Not Stocks; Clarifies ‘Test in Prod’ Statement

DeFi continues to remind us of the good ole days of the ICO craze in 2017. But unlike ICO tokens, DeFi degens don't need to wait for long before they can see the products in motion and ready for use.   However, these projects come in different shapes and forms. Some deliver as promised, while others pull the rug out from under investors. And then, we have the "experiments." But whatever the case, for many degens, it is a game of…

Jack Dorsey Promotes Bitcoin Donations for Nigerian Protests

Twitter CEO Jack Dorsey has endorsed the protests taking place in Nigeria against police brutality. In a tweet on October 14, Jack urged his followers to donate Bitcoin to the #endSarse campaign. He also shared a link to a special fund run by a group of Nigerian feminists fighting against police injustice in the nation. The protest began two weeks ago when thousands of youths took to the streets to protest against police brutality. This protest was focused on a special…

Rothschild Corp Invests in Grayscale Bitcoin Trust

According to rumors on Twitter, Rothschild Investment Corp has invested in Grayscale Bitcoin Trust. The investment firm has bought 235,000 shares of GBTC worth $235,000. Although this is not the first time, the investment firm has already bought shares of GBTC earlier in 2017, which was worth $210,00 at that time. The value of GBTC shares is pegged on Bitcoin's price. [caption id="attachment_17109" align="aligncenter" width="828"] Source: Twitter.com[/caption] Grayscale Bitcoin Trust Debuted as Bitcoin Investment Fund in Sept 2013, Grayscale Bitcoin…

1 Billion ZIL Staked in 24 hours as Zilliqa Launches Staking Program

Blockchain platform Zilliqa has launched a non-custodial staking platform on its main net for users to stake ZIL tokens. This latest development has attracted a lot of enthusiasm from the Zilliqa community. Major Milestone Achieved in 24 hours Zilliqa revealed in a tweet that 1 billion ZIL tokens had been staked within a few hours of launch. Zilliqa also has a governance token ZILs or gZIL that would serve as a form of incentive to stakers. For every 1000 ZIL…

Gemini Exchange Announces Trading and Custody Support for Filecoin

In a recent statement, the cryptocurrency exchange Gemini has announced the trading and custody support for Filecoin. As per the announcement, the Filecoin Mainnet will launch at 10:30 am ET, Thursday, October 15, supported by the Gemini exchange custody solution. At the same time, Gemini users will be able to deposit and withdraw FIL through its exchange. The exchange users will also be able to trade FIL subsequently. As of now, the Filecoin network is on testnet and not live…

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