April 16, 2019 Arca Funds Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain Investment management firm Arca is seeking approval from the SEC to issue its UST Coins. Arca Funds, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12.…
April 16, 2019 EToro Blockchain Division Launches Crypto Exchange for Pro Traders, Issues 8 Stablecoins The blockchain division of global social trading platform eToro launched a crypto exchange for pro traders.…
April 12, 2019 Tim Draper to Meet with Facebook to Discuss Investing in Rumored FB Coin Venture capitalist Tim Draper plans to meet with Facebook to talk about investing in the firm’s much rumored crypto project.…
April 11, 2019 Clear Majority in Fifth MakerDAO Vote Looks Set to Pass Another Increase in DAI Stability Fee Users of MakerDAO (MKR) look set to raise the stability fee for the DAI stablecoin by 4%.…
April 10, 2019 Blockchain Prediction Platform Augur to Launch Stablecoin DAI-Denominated Markets Blockchain-powered event betting platform Augur has launched support for MakerDAO’s DAI stablecoin as part of an unfolding wide-ranging upgrade to its platform.…
April 9, 2019 TrueUSD Audit Shows Full US Dollar Backing An audit of TrueUSD funds showed that it has the full amount of U.S. dollar backing for its coins.…
April 9, 2019 Cryptocurrency Lending Firm Dharma Launches Its Service to the Public San Francisco-based cryptocurrency lending firm Dharma Labs announced that it has launched its service to the public.…
April 7, 2019 Tron’s Justin Sun Hints at ‘Official’ Collaboration With Ethereum This Year Tron founder Justin Sun hinted at a possible official partnership with Ethereum in a recent interview.…
April 5, 2019 Coinsquare Crypto Exchange Launches Canadian Dollar-Backed Stablecoin Canadian cryptocurrency exchange Coinsquare announced that it will be launching a Canadian dollar-back stablecoin. Coinsquare, one of Canada’s top crypto exchanges, will be launching a stablecoin backed by the Canadian dollar dubbed eCAD, according to a press release on April 4.The new coin will purportedly be backed at a 1:1 ratio with Canadian dollars.…
April 3, 2019 Celo Raises $30 Million for Stablecoin-Based Smartphone Payment Plans Celo plans to use a dedicated USD-backed stablecoin to provide unbanked consumers with payment options. Blockchain payments startup Celo has raised $30 million from well-known crypto investors Polychain Capital and Andreessen Horowitz, the Wall Street Journal (WSJ) reported on April 2.Celo, which is the trading name of A Protocol Inc., plans to use an in-house digital token and stablecoin to facilitate cross-border payments, primarily focusing on the unbanked using smartphones.Having raised $6.4 million in previous cash injections, the company is now conducting pilot-phase tests in Argentina.“We see big potential in letting people — directly on their smartphone — access basic financial services,” Rene Reinsberg, cofounder of Celo, told the WSJ.…
