Blockchain 

Coinbase Launches USDC-Based Initiative to Support DeFi Developers

Cryptocurrency trading platform Coinbase has launched the new USDC Bootstrap Fund aimed at the improvement of Decentralized Finance (DeFi). As the company announced on Sept. 10, Coinbase set up the USDC Bootstrap Fund to support developers who build DeFi protocols by investing USD Coin (USDC) directly in the protocol. Coinbase and payment startup Circle jointly launched their own stablecoin USDC in September 2018. Bringing more liquidity to DeFi protocols Bringing more liquidity to some DeFi protocols ostensibly formed the main impetus behind the idea to establish the fund. Among possible…

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Blockchain 

Cryptocurrency Exchange OKEx Announces Support for ETC Hard Fork

Cryptocurrency exchange OKEx has announced support for Ethereum Classic’s (ETC) upcoming Atlantis hard fork. In a blog post published on Sept. 10, OKEx announced that the exchange will support ETC’s hard fork, estimated to take place between Sept. 12 and Sept. 13, 2019 at block height 8,772,000. OKEx warned in the announcement that during the planned period, users should deposit their ETC to OKEx in advance since the exchange will handle related technical issues. Users’ ETC accounts will not be affected. OKEx noted that it will resume services once the…

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Bitcoin 

Casa Adds iOS and Android Support for Sats Mobile Wallet

Bitcoin (BTC)-focused technology firm Casa announced that its Sats mobile Bitcoin wallet app is now available for both iOS and Android devices. Casa announced in a post published on its official blog on Sept. 5 that the mobile wallet is now available for download. Furthermore, Casa notes that the latest version of the app can be used without the company’s hardware Bitcoin Lightning node, but users who do not connect the app to a node do not have access its Lightning Network capabilities. The app supports a public address-naming system…

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Blockchain 

Amanie Advisors Support Ether’s Compliance With Islamic Finance Law

Islamic finance and Sharia advisory firm Amanie Advisors have established Ether’s (ETH) compliance with Islamic religious law. Ether receives Sharia endorsement In a blog post published on their website, Amanie Advisors announced that the firm has collaborated with the Ethereum Foundation to establish the platform’s compliance with Sharia religious law. As a result of the collaboration, the company released a paper with the main purpose of illustrating Ethereum’s compliance with Islamic morals, which concedes a Sharia endorsement of the project and the coin. In the white paper, the advisory firm…

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Bitcoin 

1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments

Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin (BTC) and cryptocurrency purchases on its point-of-sale (PoS) devices. Crypto payments via QR codes Cointelegraph Brazil reported the news on Aug. 30. According to the report, users can make crypto payments through Cielo PoS devices via QR codes. The PoS machines generate QR codes for payment, and the customer can then use a smartphone in order to scan a code and make a payment. The customer also reportedly needs to hold either an account with Uzzo or…

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Bitcoin 

First Ever Bitcoin PAC Launches Politicoin ICO to Support Candidates

BitPAC, the first ever Bitcoin (BTC) political action committee (PAC), will expand its candidate supporting program with an initial coin offering (ICO), Coindesk reports on Aug. 28. Utility token, not a thing of value Dan Backer, who founded BitPAC back in 2014, revealed that the committee will issue a utility token dubbed Politicoin, which will be used to support the PAC and its candidates running for public office.  Backer emphasized that the upcoming Politicoin is a utility token, which will not function as a store of value, explaining that the…

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Ethereum 

Bitcoin Price Fights to Hold $10K Support While Altcoins See Drops

Saturday, Aug. 24 — crypto markets continued to see red today as Bitcoin (BTC) has dipped below $10,000 price mark several times over the past 12 hours. Only two out of the top-20 coins by market cap are seeing gains over the past 24 hours at press time, including Cardano (ADA) and NEO (NEO), which are up 1.3% and 2.6%, respectively. Market visualization | Source: Coin360 BTC fights to hold $10K support Bitcoin is trading at $10,066 at press time, down 3.3% over the past 24 hours. The biggest cryptocurrency…

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Blockchain 

Blockchain Wallet Adds Support for Crypto Payments Processor BitPay

Crypto wallet service Blockchain Wallet has integrated cryptocurrency payment processor BitPay. Payments conducted through Blockchain Wallet Blockchain announced the news on Aug. 23, stating that it now allows its users to copy or scan invoices, allowing them to make a Bitcoin (BTC) payment entirely through its wallet app.  The new functionality reportedly allows users to purchase products and services available via BitPay’s online network while retaining ownership of their private keys through Blockchain Wallet.  BitPay is one of the largest crypto payments processors and is offered in a multitude of…

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Blockchain 

Huobi Wallet to Support MakerDAO Tokens, Decentralized Applications

Major cryptocurrency exchange Huobi has added support for MakerDAO tokens and decentralized apps (DApps) in its wallet.  Huobi Group shared the announcement with Cointelegraph on Aug. 19. MakerDAO has a stablecoin called Dai, a token named MKR, and applications including CPD Portal. The Maker project is a combination of its stablecoin, collateral loans and community governance. MakerDAO is a type of decentralized autonomous organization (DAO), which is an organization that is managed solely by smart contracts and code, not human managers. A DAO is also operated by users via a…

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