New Partnership Allows TrueUSD Traders to Audit The Coin’s Backing Assets

A new partnership between stablecoin TrueUSD (TUSD) and accounting firm Armanino purportedly allows traders to conduct instant audits of the token’s backing. The news was announced by TrueUSD in a blog post on Mar. 5. The dashboard developed by Armanino purportedly enables traders to monitor TrueUSD token balances and collateralized funds. “Armanino connects directly to third-party escrow accounts holding the U.S. dollars that collateralize TrueUSD tokens, and runs their own ETH nodes to ensure accurate TUSD token supply,” the post details. Rafael Cosman, Co-founder and Head of Engineering and Product…

Bitcoin (BTC) To Reach $137,000 By October 2023 If Historical Trend Is Followed: Analyst

The $137,000 Bitcoin Call Although the crypto market has yet to break out to the upside, investors have continued to speculate where Bitcoin (BTC) will peak next. One analyst notes that it will be far above $20,000, which BTC first reached in late-2017. Market psychology specialist Philip Swift recently took to Twitter to explain his call, citing indicators from Willy Woo and the Bitcoin Network Momentum. Here is your Bitcoin date AND price forecast for the next $BTC cycle price top. Done by combining Bitcoin Network Momentum and @woonomic‘s Top…

‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners

College campuses are the second largest cryptocurrency miners across industry verticals, according to research by tech conglomerate Cisco published in PCMag on March 5. Cisco’s security researchers reportedly investigated cryptocurrency mining activity across various industry verticals. The research was carried out with Cisco’s security product Umbrella, which monitors clients’ network connections to screen malicious activity, including possibly dubious crypto mining. Per the report, university campuses are ranked the second biggest miners of digital currency across industry verticals at 22 percent, second only to the energy and utilities sector, with about…

$6 Billion Crypto Surge Propels Bitcoin Toward Key Hurdle

The cryptocurrency market surged by $6 billion on Tuesday, propelling litecoin to a new yearly high and launching bitcoin one step closer to a major hurdle it needs to cross before it can slay its historic bear market. As of the time of writing, the cryptocurrency market had a total valuation of $132.3 billion. Daily volume stood at more than $33 billion, a full $5 billion above where it was at this time on Monday. The crypto market cap gained $6 billion over the past 24 hours. | Source: CoinMarketCap…

Opera Web Browser Crypto Wallet to Expand Services to iOS Users

Major web browser Opera has announced the upcoming launch of Opera Touch for iOS, according to an official press release published Tuesday, March 5. Opera Touch is a Web 3 browser with an integrated crypto wallet and support for Ethereum (ETH) and interactions with decentralized applications (DApps). Back in December, Opera launched its “Web 3-ready” browser with a built-in crypto wallet for Android users. Opera explains the decision to expand its services to iOS as the result of the successful integration of the crypto wallet and DApp explorer for Android.…

Tron (TRX) Jumps 8.5% in Market-Wide Upswing as Bulls Start Running

Tron’s TRX jumped 8.5-percent against the US dollar per its 24-hour adjusted timeframe. Tron (TRX) 1-hour price chart | Source: Yahoo Finance The TRX-to-dollar instrument (TRX/USD) was trading at 0.023 by 1400 UTC, down 4.16-percent from its intraday high. In contrast, the pair had dropped massively during Monday’s trading session, establishing a lower low towards 0.021. However, a market-wide upside correction saw to TRX/USD revival during Monday’s US session. The sentiment rippled through today’s Asian and European trading hours. As a result, the pair managed to settle a fresh intraday…

Coinbase Hires Amazon Web Services Veteran to Develop Staking Solutions

Major United States crypto exchange and wallet service provider Coinbase has reportedly hired a veteran of Amazon Web Services to develop staking and governance solutions for its crypto custodial services. The news was reported by The Block on March 4. Citing an alleged internal memo, the report claims that Luke Youngblood — formerly a principal solutions architect at AWS — has been hired to develop new staking and governance products, which will reportedly “provide Coinbase Custody clients with the ability to interact seamlessly with crypto-networks while maintaining the utmost security…

Three Swiss Firms Complete ‘First’ $3 Mln Real Estate Transaction on Blockchain

Blockchain property transaction platform blockkimo Ltd along with two other companies have jointly completed “the first” real estate transaction on a blockchain in Switzerland. The development was announced by blockimmo in a blog post on Mar. 1. Blockimmo, proptech company Elea Labs Ltd. and digital assets service firm Swiss Crypto Tokens Ltd. have conducted a blockchain-based real estate transaction —  consisting of 18 apartments and a restaurant — at a cost of 3 million Swiss francs ($2.98 million). The property was reportedly tokenized, which means that its real asset value…

Crypto Futures Provider Volumes Increase 500 Percent After Acquisition by Kraken

United Kingdom-based crypto exchange and futures provider Crypto Facilities has significantly increased its trading volumes after being acquired by crypto exchange Kraken, according to the information shared with Cointelegraph Tuesday, Mar. 5. Cointelegraph spoke to Sui Chung, head of cryptocurrency pricing products at Crypto Facilities, according to whom the platform’s trading volumes have increased more than 500 percent. Chung said that company’s average daily trading volume was around $7 million per day in January. However, following the acquisition announcement, it has increased to $32 million per day in February, reaching…

Crypto Exchange Hopes to Become Trendsetter by Scrapping Trading Fees Entirely

A crypto exchange has announced it is launching “zero-fee trading” across the 131 countries where it currently operates. Zebpay says it wants to “liberate crypto from the shackles of trading fees, and to reduce the friction for all those who are new to crypto.” Many exchanges charge a small commission whenever their users make a trade. While the company says fees of 0.25 percent may seem insubstantial, it warned they “certainly add up and can eat into trading profits,” and even deter infrequent traders from participating more. In a blog…