Tether launches CNYT stablecoin RMB

Tether launches CNYT stablecoin RMB

Tether released the CNHT stablecoin provided by the RMB on the Ethereum blockchain. The new ERC-20 standard token is provided by RMB held in offshore. “CNHT represents a further expansion of Tether’s ability to promote the digital use of traditional currencies such as the US dollar (USDT) and the euro (EURT),” the company’s blog post…

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Nickel Asset Management raised $ 50 million to launch a cryptocurrency investment fund

Nickel Asset Management raised $ 50 million to launch a cryptocurrency investment fund

Nickel Asset Management, a London-based asset management company, has announced a successful fundraiser to launch a cryptocurrency investment fund. The amount of financing amounted to $ 50 million. The Nickel Arbitrage Fund will specialize in arbitrage trading in digital assets. This type of trade implies that traders buy an asset on one platform, and then…

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