Bitfinex Includes Four of Market’s Major Stablecoins Giving Tether Competition

The sibling exchanges have recently added USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX), and Gemini USD (GUSD), providing further support for their MakerDao’s Dai and Tether’s USDT.

Ethereum-Based Bug Provides Hackers a Chance to Abuse Crypto Exchanges

The researchers have also discovered that many exchanges have not implemented the proper limits on GasToken usage and that it is possible to send numerous tokens to random addresses.

DOJ’s Probe on Tether and Bitfinex Just Got More Serious

The U.S. Department of Justice is now investigating whether Bitcoin’s drop is somewhat connected with its supposed ties to the stablecoin Tether.

Ripple’s XRP Overtakes Ethereum Marketcap by Over $1B

According to CoinMarketCap data, XRP’s valuation is now higher than that of Ethereum’s, with a $1.2 billion gap separating the two.

New Data: Ethereum GPU Mining “No Longer Profitable”

Latest data show that the profitability of Ethereum GPU mining has suffered a significant drop from $150 to $0 in the past 17 months.

Crypto Project Kin Shifts from Ethereum to Stellar

Kik Interactive, the Canadian company behind the Kik messaging app, has announced that it is permanently leaving the Ethereum network, as the firm migrates its digital currency Kin to its proprietary blockchain.  

ConsenSys Partners with Amazon to Introduce Marketplace for Enterprise Blockchain

ConsenSys’ subsidiary Kaleido has disclosed plans of launching a marketplace for plug-and-play services designed to support blockchain projects from the development of proof-of-concept to live production business networks.    

Tether Confirms New Banking Arrangement with Deltec

Tether Ltd., the firm behind the eponymous USDT stablecoin, has released a statement confirming its banking relationship with Deltec Bank & Trust Ltd. 

Chinese Principals Use School Electricity to Mine Ethereum

Two Chinese principals were caught stealing power from the school to mine Ethereum.

US SEC Charges EtherDelta Founder Over Operating Unregistered Exchange

Zachary Coburn, the founder of crypto trading platform EtherDelta, has settled charges filed by the U.S. Securities and Exchange Commission over operating an unregistered national securities exchange.   

Plasma Slows Down; SNARKs Becomes New Scaling Solution for Ethereum

But now that Plasma is slowing down, attention shifts to zk-SNARKs, a type of cryptography led by privacy-focused digital currency Zcash.

BBVA Completes €150M Syndicated Loan via Ethereum

Japan’s Mitsubishi UFJ Financial Group (MUFG) and France's BNP Paribas join BBVA in this syndicated loan endeavor, which has already seen the financial institutions collectively lending Spain's national electrical grid operator Red Eléctrica Corporation with €150 million.

U.S. Elections Increase Augur’s Total Ether Wagers to Over $2M

Data from Predictions.Global indicates that the market for “Which party will control the House after 2018 U.S. Midterm Election?” has generated 3,517 Ether or close to $727,000.

JP Morgan Builds Blockchain-Based Platform for Tokenizing Gold

New York-based investment bank JP Morgan has developed an enterprise version of the Ethereum blockchain for tokenizing gold in an effort to allow sustainable miners to earn a premium on global markets.

Tether Declares $1.8B Balance in Account; Releases Letter from New Partner as Proof

The stablecoin Tether has released a letter from its banking partner which verifies the availability of over $1.8 billion in the company’s account.