USDC

POKKET: Crypto Market Update (July 21)

POKKET: Crypto Market Update (July 21)

Bitcoin is softer -4% to just below $30k, while ETH is doing better, -2.5% to $1775. Movers are FET +18%, POLY +15%, LIT -17%, LINA -15%, rest in between. FTX has just closed a $900M funding round with investors Sequioa and Coinbase Ventures, at a valuation of $18B. The EU wants to ban anonymous crypto wallets by 2024, which has people scratching their heads as this may extend to cash as well (logically speaking). Circle reveals the backing behind USDC in a new blog post, saying it will provide …
POKKET: Crypto Market Update (July 12)

POKKET: Crypto Market Update (July 12)

Bitcoin is slightly up +2.2% to $34.5k, ETH is right behind +1.9% to $2150. Movers are AUDIO +29%, MITH +15%, ALICE +14%, no standouts on the downside. The Alameda-backed ChainSwap, which bridges ETH to BSC, fell victim to another attack overnight in a vulnerability which cost $4.4M. Crypto-twitter is abuzz with Tether FUD, this time trying to highlight the 40 consecutive days of no minting while USDC mints away and eats at market share - ex-RealVision partner Grant Williams put out a podcast de…
POKKET: Crypto Market Update (July 3)

POKKET: Crypto Market Update (July 3)

Bitcoin is basically flat to $33.5k, ETH is a touch higher, $2180. Movers are IOST +11%, GRT +10%, rest are in between, pretty tame day. Bitcoin miners have made a claim 56% of energy used is clean, although skeptics arise given the source of data. In a new study looking at 200 countries to analyse how prepared they are for crypto adoption, the US ranks the first, with Cyprus and Singapore following. JPMorgan is eyeing Ethereum staking as a 'fast growing revenue opportunity'. USDC is now availab…
New Product Launch: Crypto Lending

New Product Launch: Crypto Lending

POKKET is launching a new Crypto Lending product today, 8 December 2020. As the world's first platform to introduce structured savings account for cryptocurrencies, we are now venturing into a more simple saving product -- a straight lending product that earns passive interest without token conversion options at payout. To start, we are offering Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and TrueUSD (TUSD) savings for the Lending product line. Lending rates Here are our inter…