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Markets

JPMorgan, Intel Alums Launch Revenue-Sharing Stablecoin USDD

A dollar-backed stablecoin with a twist: revenue-sharing with the institutions that use it.

By Danny NelsonOct 1, 2019

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Latest Crypto News

Today

5:21 PM

Negative

BTC0.00%

Tom Lee's Bitmine now $8 billion underwater as ether tumbles below $2,000

Despite its mounting losses and plunging share price, the ether treasury firm says it's under no pressure to sell its holdings.

5:11 PM

Negative

Gemini to exit U.K., EU and Australia, reduce staff by 25%, and focus on U.S. and prediction markets

The crypto exchange has instructed affected customers to sign up with eToro by the end of March for withdrawals, while deposits and new accounts have been suspended.

4:50 PM

Negative

BTC0.00%

Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets

Ahead of the fourth-quarter earnings report tonight, shares are down another 13% as bitcoin falls back to $68,000.

4:23 PM

Positive

Sovcombank says it's the first Russian bank to offer bitcoin-backed loans to public

Larger rival Sberbank beat Sovcombank to the punch, but it's still running as a pilot program.

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