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Gemini Dollar Soars, Public Slinging Match Over Unaudited Stablecoins Ensues

When the U.S. dollar-pegged Gemini dollar soars to as high at $1.18 on October 17th, one wonders how stable the so-called stablecoins are. Days earlier, Tether (USDT) plunged to lows of around 87 cents, per Coinbillboard (with some exchanges seeing USDT trade at 85 cents). Also see: Ticketmaster Looks to Blockchain in UPGRADED Acquisition Subscribe to …

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Saudi Arabia’s STC and ConsenSys Launch Blockchain Sandbox Framework

Saudi Telecom Company, STC, in collaboration with Ethereum-focused development studio ConsenSys have launched a blockchain sandbox framework on STC’s cloud marketplace. The newly-launched framework will foster public and private enterprises developing decentralized applications. Also see: Coinbase Opens Dublin Office, Continues Global Expansion Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts STC Accelerating …

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Lawsuit Dismissed, Augur Dispute Settled Privately

A recent report suggests that the lawsuit over Augur, the Ethereum-powered prediction market, has been dismissed by the San Francisco County Court. The dismissal came at the request of the plaintiff, former CEO of Augur Matthew Liston, who has reportedly agreed to settle the case outside of court with the defendants, the founding members of …

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nChain Publishes Release Candidate for Bitcoin SV Client Version 0.1

With only weeks left before a November 2018 hard fork of the Bitcoin Cash (BCH) blockchain, nChain has published its release client for Bitcoin SV version 0.1, a new full-node BCH implementation. The development bodes for continued bifurcation among the cryptocurrency’s Bitcoin ABC and Bitcoin SV camps.  Also see: Coinbase Opens Dublin Office, Continues Global Expansion …

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NOBS Will Burn Due to Oversupply, No BS

NOBS will burn on October 23rd due to a lack of circulation and in line with the project’s whitepaper, according to the NOBS token development team. Also see: Dumped! HSBC Cuts Ties With Bitfinex Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Too Many NOBS Spoil the Party, Fail to Gain Penetration …

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Dumped! HSBC Cuts Ties With Bitfinex

HSBC has dumped Bitfinex unceremoniously after learning the company it thought it had established a banking relationship with, Global Trading Solutions, was affiliated with Bitfinex and doing its banking on the controversial exchange’s behalf. Also see: As Cryptos Surge, Tether Is In Free Fall Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts …

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Telegram Could Launch TON Blockchain Platform This Fall

Messaging application Telegram could launch its long-anticipated blockchain platform, Telegram Open Network (TON), in test mode as early as this fall. Also see: Galaxy Digital Will Be First Custody Client of Fidelity Digital Assets Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts TON Getting Closer to Showtime Most critical components of the …

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Seven Reasons Behind a Delayed Crypto Transaction Confirmation

In a crypto Telegram group, I recently saw a question: “I have sent BCH to my wallet, but the confirmation is not showing up. Why is it so slow and how much time should I wait?” Let’s have a look at the most common reasons for delayed transaction confirmation times. Also see: Cardano Project Says Foundation …

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Galaxy Digital Will Be First Custody Client of Fidelity Digital Assets

Multinational financial services powerhouse Fidelity has launched Fidelity Digital Assets, a new “full-service” platform for institutions focused on cyrptocurrency custody, execution services, and more. Michael Novogratz has confirmed his crypto bank Galaxy Digital will be the firm’s “alpha crypto custody client.” Also see: Cardano Project Says Foundation Mishandled Duties, May Move on Without It Subscribe to …

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As Cryptos Surge, Tether Is In Free Fall

As cryptos surge, Tether is in free fall, dropping to 87 cents at one point today. At press time, according to Coinbillboard, it is at 91 cents. Its previous historical low was 97 cents, in February, and historically it has never breached $1.06. Of course, in theory, one USDT is worth one USD exactly. Also …

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