Stellar

Ternio’s ERC-20 TERN Token Listed On Global Crypto Exchange Bibox

ATLANTA, GA – August 10, 2020 – Ternio’s ERC-20 payment token TERN, has been listed by global cryptocurrency exchange, Bibox. This news comes two months after Ternio’s announcement that they would be burning ten percent of the TERN supply, previously hosted on the Stellar Network, and making it available as an ERC-20 asset. Since the …

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Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes

Bitcoin continues its rebound this week after Sunday’s crash. Meanwhile, the ether options market suggests a roller coaster ride ahead for the world’s second largest cryptocurrency. It’s been a positive week for bitcoin so far. The world’s oldest cryptocurrency is continuing its rebound from a Sunday price crash, appreciating 12% on a bullish run that …

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Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate

Bitcoin gained Wednesday while DeFi interest rate volatility is causing concern over its long-term viability. Traders are mostly buying bitcoin Wednesday, with the world’s oldest cryptocurrency going as high as $11,735 on spot exchanges such as Coinbase.  “I think we’ll hit $12,000 by Friday. There’s a lot of momentum in the market just now,” said …

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Abra Building Banking Solutions on Stellar Blockchain, CEO Barhydt Says

Abra, the company behind the global crypto and fiat wallet and exchange app of the same name, plans to give the world banking services underpinned by Stellar’s blockchain — one of the results of the SDF’s $5 million investment in Abra earlier in 2020.  During the SDF’s digital second quarter review meeting on July 15, …

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Market Wrap: Derivatives, Altcoins Take Market Spotlight as Bitcoin Dozes at $9,100

Traders want a bitcoin price breakout but they aren’t sure when that will happen. Bitcoin (BTC) trading around $9,174 as of 20:00 UTC (4 p.m. ET). Gaining 0.64% over the previous 24 hours. Bitcoin’s 24-hour range: $9,054-9,184 BTC above 10-day and 50-day moving average, a bullish signal for market technicians. Bitcoin trading on Coinbase since …

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New ‘Altseason’ Visualized: Top 10 Cryptos Outperforming Bitcoin

Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have also been posting serious gains such as VeChain (VET), Stellar (XLM), Cardano (ADA) and Chainlink (LINK). Cryptocurrency market performance in the past 7 days. Source: Coin360 …

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Kin Community Approves Move From Stellar Fork to Solana’s Blockchain

Almost a month after announcing its proposal to migrate to the Solana Blockchain, the Kin cryptocurrency project announced Friday that the move had been approved by its board and community, and a transition plan would be released in the coming weeks. The Kin Foundation said in a press release that the move to Solana’s blockchain …

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Stellar Proposes Changes Allowing Exchanges to Better Enforce Regulations

The Stellar community is gearing up to vote on a raft of new network updates that will give exchanges greater control over how digital assets are traded on-chain. In a vote planned for later this week, anyone running a Stellar node will be able to decide on whether to pass a series of proposed updates …

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Developer Activity Surrounding Eos, Tron, and Bitcoin Cash Plummets

A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer Report for the second quarter of 2020, the firm notes that development fell by half for top markets Bitcoin Cash …

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Fed Up With Its Fork of Stellar, Kin Is Looking to Move Onto Solana

The kin cryptocurrency is exploring a move from its own fork of Stellar to the Solana blockchain.  To recap, the mobile app company Kik ran a $98 million initial coin offering (ICO) for kin in 2017, which was made on the Ethereum blockchain. Then the company said that it would use Ethereum for security and …

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