In our “Altcoins” section, we cover news, updates, and market trends related to alternative cryptocurrencies beyond Bitcoin. Here you will find information about popular altcoins, new blockchain projects, and the technologies driving the altcoin ecosystem. Read the “Altcoins” section on ForkNews to stay updated on the latest developments across the crypto market.
Startup Carbon announced the launch of the CarbonUSD stablecoin on the Ethereum blockchain. CarbonUSD is a compliant, price-stable token that is backed by the US dollar.
The BitConnect project, which ceased operations in January of this year, and its open-source cryptocurrency BCC with an investment program accused of being a Ponzi scheme, have lost their last supporting platform.
Georgia has confidently taken its place in the top three world leaders in cryptocurrency mining. The volume of mined digital assets in the country is second only to China and the United States. The mild climate on the coast and in official cryptocurrency policy is conducive to the rapid development of the crypto industry.
Altcoins continue to consolidate. The exception yesterday was Litecoin
The largest financial group, the Japanese giant Mitsubishi UFJ Financial Group, has begun testing its own stablecoin Mufg Coin.
According to BitInfoCharts, as part of a stress test conducted on September 1, the Bitcoin Cash (BCH) network processed more than 2.1 million transactions and this did not affect the fee.
Last week, EOS was at the very beginning of an ascending parallel corridor. However, the price of the token has jumped 55% over the past week amid the decision to roll out a new voting system. Such a breakthrough allowed EOS to break out of the barrier that had been keeping the token within a narrow framework for a long time.
The sixth best cryptocurrency has added 7% to its value over the past 24 hours. Stellar also reached a transaction volume of $3.18 million.
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