Category: Altcoin

Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin

Coinbase Pro is announcing plans to launch a stablecoin pegged to the Japanese yen, reportedly the first of its kind. GYEN (GYEN) bills itself as the “first regulated digital [Japanese yen].” The project says it is 100% fiat-backed. Coinbase first issued a press release earlier this week announcing Coinbase Pro’s plans to launch GYEN order

OMG price crashes by one third after BOBA airdrop snapshot

The price of OMG Network (OMG) has plunged 33% from a daily high of $19.35 down to around $13 immediately after completion of the snapshot for an airdrop from the Boba Network. The snapshot of all wallets holding OMG tokens on the Ethereum network and the layer-two Boba Network took place at 12am UTC on

Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

One under-the-radar cryptocurrency-powered payment app that has been gaining traction across Latin America is Reserve. The platform acts as a convenient way for people to convert their local currencies, which may be undergoing high inflation levels, to U.S. dollars via the Reserve (RSV) stablecoin. The network also features the Reserve Rights (Rtoken (RSR), which is used

Crypto-Friendly New York City Mayor-Elect Adams Gives Blessing to ‘NYCCoin’ Rollout

New York City Mayor-elect Eric Adams is welcoming the launch of the Big Apple’s first-ever cryptocurrency, NewYorkCityCoin (NYCCoin). Following a tweet from Adams saying that he wants New York to have its own digital asset like Miami, CityCoins announced the activation of NYCCoin mining. The crypto development firm previously launched MiamiCoin (MIA) back in August.

Litecoin Could Be Forming Supercycle Pattern Against Bitcoin, According to Crypto Analyst Nicholas Merten

Litecoin could be on the verge of rallying against Bitcoin, according to popular crypto analyst Nicholas Merten. Merten says that while he has backed out of his position in Litecoin (LTC) following a false rumor about a partnership with retail giant Walmart, it is “a great project nonetheless.” He recommends “keeping an eye on” LTC,

How to spot a rug pull in DeFi, 6 tips by Cointelegraph

In our latest in-depth video, Cointelegraph shares six key tips on how to increase your safety when investing in DeFi by identifying rug pulls — One of the most widespread types of crypto scams.  Booming growth coupled with a lack of oversight by traditional authorities has attracted an influx of fraudsters to the DeFi ecosystem. According