The proposed NUSD stablecoin won’t depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said. Although the US regulators ...
Tag: BitcoinBased
Bitmex Co-Founder Calls For A Bitcoin-Based Stablecoin
Former CEO and co-founder of BitMex crypto exchange Arthur Hayes proposed a new stablecoin design with a value pegged to Bitcoin. He called it Satoshi Nakamoto Dollar (NUSD) or NakaDollar. The crypto ...
Arthur Hayes: Bitcoin-based stablecoin – The Cryptonomist
Arthur Hayes, the co-founder of BitMEX, has proposed a new Bitcoin-based stablecoin: Satoshi Nakamoto Dollar. The goal is to make the stablecoin free from any movement of the US dollar (USD) and thus ...
BitMEX co-founder Arthur Hayes proposes Bitcoin-based stablecoin
Amid the United States regulators increasingly scrutinizing stablecoins, the community continues to pitch new ideas of stablecoins independent from the U.S. dollar. Arthur Hayes, co-founder and former...
Yuga Labs Bringing Bitcoin-Based NFT Collection TwelveFold
The NFT collection will be the smallest collection from Yuga Labs, given 300 NFTs. Bitcoin managed to become NFT compatible following the Ordinal inscriptions upgrade. Bitcoin (BTC) is trading a...
Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection – Bitcoin News
On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bo...
Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype
The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it...
Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs – Bitcoin News
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools ...
Ordinals Support Comes to Bitcoin-Based Web Wallet Xverse
Xverse, billed as a “Bitcoin wallet for Web3,” just rolled out support for Ordinals, the newly popularized protocol allowing users to inscribe NFTs onto the Bitcoin blockchain. “Today, we’ve launched ...
Bitcoin-Based Payments App Strike Announces Philippines Expansion
Bitcoin-based payments network and financial application Strike has announced that it is expanding its Bitcoin Lightning Network-powered money transfer services to the Philippines. The announcement s...
Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year
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Luxor launches Bitcoin-based OTC derivative
Luxor, a Bitcoin mining company, has launched Luxor Hashprice Non-Derivable Forward (NDF), an Over-The-Counter (OTC) derivative product based precisely on BTC mining revenue. Luxor Hashprice NDF and t...
Jack Dorsey’s TBD Unveils Bitcoin-based ‘Web5’ Project for a Decentralized Internet – crypto.news
Former Twitter CEO Jack Dorsey today announced the development of ‘Web5,’ a decentralized web experience that is fully powered by the Bitcoin network. Web5 to Tackle Web3 TBD, the subsidiary of Block ...
RIP Web3 Jack Dorsey Announces Bitcoin-Based Web5 Platform
Bitcoin supporter Jack Dorsey announced a web platform called Web5, a combination of the centralized internet Web 2 and the decentralized internet dubbed Web3. The product is part of Square’s subsidia...
Weekly inflows into Bitcoin-based products record notable gains
The cryptocurrency market could be down, but this has not affected inflows to crypto-based products. In May, the weekly inflows into crypto funds were at an average of $66.5M. Compared to the $49.6M w...
Bitcoin-Based Funds See Inflows Returning
Inflows into cryptocurrency funds have largely returned over the past month, with investors betting that Bitcoin has already bottomed out. Over the course of May, weekly inflows into crypto funds aver...
Bitcoin-Based Products Breach Half Billion Year-to-Date Inflows
Over $100 million flowed into digital asset investment products during the week ending June 3, making it a second consecutive week of inflows. The inflows bring total assets under management (AuM) to...
Portal Announces Partnership With Mintlayer in Paramount Push for Bitcoin-based DeFi
Advertisement     Portal, a self-hosted wallet and real cross-chain Layer-2 DEX built on Bitcoin, has announced its partnership with Mintlayer, a Bitcoin sidechain tec...
Coinbase-backed Portal Announces Partnership With Mintlayer in a Major Push for Bitcoin-based DeFi
San Francisco, United States, 28th April, 2022, Chainwire Portal, a self-hosted wallet and true cross-chain Layer-2 DEX built on Bitcoin, officially announces its collaboration with Mintlayer, a Bitco...
Coinbase-backed Portal partners Mintlayer to drive Bitcoin-based DeFi
Portal, a self-hosted wallet backed by major crypto exchange Coinbase, has officially announced a new partnership with BTC sidechain protocol Mintlayer to help drive mass adoption of decentralised fin...
RSK to Showcase its Bitcoin-Based Carnaval NFT Marketplace at the Bitcoin 2022 Conference – crypto.news
Rootstock (RSK) has announced that it’ll officially roll out its Bitcoin-based Carnaval non-fungible tokens (NFTs) during the upcoming Miami 2022 Bitcoin Conference. The launch of Carnaval will, for t...
Bitcoin-based tracking platform Eggschain partners with Boston IVF
Bitcoin-based genetic data tracking system Eggschain has announced a partnership with the Boston IVF chain of 30 fertility clinics in the United States. The new partnership will use blockchain technol...