What Are Rebase Tokens And How Do They Operate?
E-Crypto News » Altcoin News
by Kevin Moore - E-Crypto News Editor
1w ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Rebase tokens are a specific type of cryptocurrency that often modifies its total supply. The modification happens daily or several times a day. The adjustments aim to stabilize the rebased token’s price or target a particular value through strategies that increase or reduce the token supply while reacting to price deviations from the set target. […] e-cryptonews.com ..read more
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MetaMask’s Latest Offering: Staking Service for Ethereum Validators
E-Crypto News » Altcoin News
by Walter Swift
2M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Popular Ethereum-based crypto wallet MetaMask will now run Ethereum validator nodes for users willing to stake 32 ETH in a new feature revealed on January 18. In this new arrangement, MetaMask, through MetaMask Portfolio, will set up and manage the validator node for qualifying users of its wallet. With the new feature (Staking-as-a-Service), users looking […] e-cryptonews.com ..read more
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Reconciliation and Liquidity in the Works for Tether and rhino.fi
E-Crypto News » Altcoin News
by Walter Swift
2M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Tether and rhino.fi recently announced a strategic collaboration between the two companies to improve the user experience of USDT users in the DeFi ecosystem. The stablecoin issuer announced this in a January 16 blog post on Tether.to. The companies hope the partnership will enhance cross-chain transactions and facilitate easy access to the USDT stablecoin. This […] e-cryptonews.com ..read more
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Africa Stablecoin Consortium Postpones February Rollout of New Token
E-Crypto News » Altcoin News
by Walter Swift
2M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Weeks after lifting its blanked crypto trading ban, the Central Bank of Nigeria (CBN) appears to be going all in on cryptocurrency, with the apex bank approving a 2024 rollout of the cNGN, a proposed stablecoin pegged 1:1 to the Naira. Coming over two years after the eNaira breakthrough, the event that saw Nigeria become […] e-cryptonews.com ..read more
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Goldman Sachs Explores Several Bitcoin ETF Partnerships
E-Crypto News » Altcoin News
by Walter Swift
2M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Goldman Sachs is reportedly exploring becoming an authorized participant for BlackRock and Grayscale’s proposed spot Bitcoin exchange-traded funds (ETFs). This potential move signifies a notable shift for the U.S. banks that are traditionally cautious about direct involvement in cryptocurrencies. A January 4 Bloomberg report indicates that the investment behemoth is in talks with Grayscale about […] e-cryptonews.com ..read more
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The IRS Introduced New Year Crypto Tax Rules
E-Crypto News » Altcoin News
by Walter Swift
3M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Leading industry advocacy group CoinCenter announced that the new Bitcoin tax reporting requirements are now in force as of New Year’s Day(CoinCenter revealed them the next day). The new regulations indicate that any individuals who receive a minimum of $10,000 worth of cryptocurrency must disclose transaction details to the IRS.   The taxman also requires transaction and […] e-cryptonews.com ..read more
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These 3 Coins Resurrected In 2023
E-Crypto News » Altcoin News
by Kevin Moore - E-Crypto News Editor
3M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Solana (SOL) has been one of the largest gainers in the past 12 months after losing at least 90% during the crypto bear market. The crypto market experienced a massive recovery in 2023, with Bitcoin (BTC) leading the market with 160% year-to-date (YTD) gains. The rising tide lifted most altcoins as the bull market exploded, […] e-cryptonews.com ..read more
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Despite its Legal Situation, Binance Grows by 30% in 2023 
E-Crypto News » Altcoin News
by Walter Swift
3M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Binance’s end-of-year report published on December 28 unveiled an impressive management of assets exceeding $1.2 billion, dedicated to serving a vast user base of over 170 million individuals.  As the foremost crypto exchange with the highest daily trading volume and user registrations, Binance persistently constructs pivotal infrastructures and develops cutting-edge products essential for catalyzing the […] e-cryptonews.com ..read more
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Shiba Inu Community Gears Up for 2024 with Big Reveals and New Projects
E-Crypto News » Altcoin News
by Walter Swift
3M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Shiba Inu’s Marketing Lead, Lucie, has announced exciting plans for 2024. These include new play-to-earn games, the launch of Shibahub, and Sheboshis, all on the Shibarium network. She also hinted at significant developments in the Shib Metaverse. More details are expected soon. Shiba Inu Unveils Future Plans In a recent update, Lucie, the Marketing Lead […] e-cryptonews.com ..read more
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Crypto Adoption Risks and Possible Solutions Identified by IMF Chief
E-Crypto News » Altcoin News
by Walter Swift
3M ago
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. Kristalina Georgieva, the IMF Managing Director, warned that the broad acceptance of cryptocurrencies might weaken the financial stability of nations. Her concern isn’t fundamentally different from those of other global economic institutions. One suggestion involves refraining from categorizing cryptocurrencies as legal tender or officially government-backed currencies. Georgieva Warns of Instability Amid High Crypto Adoption Rates […] e-cryptonews.com ..read more
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