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14 January 2021 By Lilly Harvey
Hermez, an Ethereum scaling solution, has partnered with Tether to offer cheaper USDT transactions via zk-Rollups. Popular stablecoin Tether (USDT) is the first token to go live on the Hermez layer-two network, the company announced on Monday. ... Read more

12 January 2021 By Lilly Harvey
His last reported Bitcoin holdings were 0.25 BTC. Elon Musk, CEO of SpaceX and Tesla, has surpassed the net worth of Amazon founder Jeff Bezos. “Elon Musk has become the world's richest person, as his net worth crossed $185bn (£136bn),” the BBC reported on Thursday. ... Read more

10 January 2021 By Dominic Robinson
Not many crypto search terms have come close to their peaks in spite of the new bull market, but Ethereum is a notable exception. More people are searching for the word “Ethereum” now than ever before in its history. Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height of the last ETH bull run. ... Read more

8 January 2021 By Lilly Harvey
Monday evening, the Treasury's Office of the Comptroller of the Currency told national banks that they are allowed to run independent nodes for distributed ledger networks. Referring to of independent node verification networks, the OCC's interpretive letter says that banks "may use new technologies, including INVNs and related stablecoins, to perform bank-permissible functions, such as payment activities." ... Read more

6 January 2021 By Lilly Harvey
Revolut, a crypto-friendly trading app, is reportedly issuing a strong warning to its customers regarding buying and selling XRP. According to news outlet The Irish Times, the fintech firm recently sent out a notice to its customers saying it was still possible for the firm to delist or restrict trading on XRP with little or no notice. Revolut warned users that their funds could effectively be stuck without the means to sell tokens even if the price falls to zero “in a worst-case scenario.” ... Read more

4 January 2021 By Evan Fitzgerald
Paolo Ardoino says Tether hasn't done anything to warrant any additional investigations from the SEC. Paolo Ardoino, the outspoken chief technology officer of Bitfinex, took to Twitter this week to dispel concerns that Tether could be the next target of the United States Securities and Exchange Commission. ... Read more

2 January 2021 By Dominic Robinson
Dash Core Group has announced the release of new updates for the Dash platform as well as the DashPay smartphone wallet app. Dash has moved development work on the v0.17 update of its platform to the testnet phase, according to an announcement released on Wednesday. Back in July 2020, Cointelegraph reported that the Dash Core Group was looking to release the platform testnet before the end of the year. ... Read more