Two crypto companies, Gemina Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U.S. dollar.
Origin’s latest offering is positioning itself to challenge encrypted messaging giant Telegram, which, while not decentralized, is widely used within the cryptocurrency community.
In two short weeks, ETHUSD was devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation. The entire crypto market, as a whole, is showing signs of capitulation as many alts have seen similar devaluations in shorter periods of time than ETHUSD. Similar to many other coins, ether is penetrating long-held support with very little ease:
Bitcoin Magazine caught up with ConsenSys’ Gupta to discuss the launch of project Tachyon and the launch of ConsenSys India, as well as the various factors that come into play in deciding where to allocate funds.