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Turkey to Launch its State Backed Crypto Asset Next Year
Turkey’s state-backed digital asset, the crypto lira or digital lira is scheduled for launch next year. The move has the potential to bring about a heightened interest in government-backed or other large-scale digital coin launches, by various other countries/corporations. дальше »
2019-11-6 14:36 | |
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European Union Ponders Issuing a Public Digital Currency to Compete With Facebook’s Libra
The European Central Bank (ECB) has recently considered the idea of issuing its public digital currency via a new draft document, according to Reuters. This is seen as a response against the Facebook backed project, as the company’s upcoming launch of the Libra has made regulators all over the world wary. Since Facebook shared plans […] дальше »
2019-11-5 21:25 | |
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Survey: 76% of Americans Oppose the Idea of US Govt. Replacing Paper Money with Digital Money
How well does American understand money? is the question Genesis Mining tries to find the answer in its latest survey. 29% Believe the US Dollar is Backed by Gold The survey revealed that out of the 1,000 Americans surveyed on September 17th, 2019, 29% of the participants believe that gold still backs the US dollar. […] дальше »
2019-11-5 17:26 | |
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A Return to Sound Money is the Major Threat to Bitcoin, Says Peter Schiff
During his most recent appearance on Kitco, Max Keiser suggested that if the Chinese national cryptocurrency should be backed by gold, then this would be a massive blow against the USD and very bullish for Bitcoin. дальше »
2019-11-5 14:00 | |
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Bitcoin Pioneer Max Keiser: China’s DCEP Cryptocurrency Token Will Be Gold-Backed
According to Max Keiser, a financial commentator, China’s cryptocurrency DCEP will be backed by gold and not the US dollar. He also noted that gold is currently making new significant highs against flat currencies. дальше »
2019-11-2 19:11 | |
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China could back their digital yuan with something unexpected - Gold
Red and Gold, not Red and Yellow. China is leading the race for the first central bank-backed digital currency. However, the term "backed," might not be what most people expect. The People's BanThe post China could back their digital yuan with something unexpected - Gold appeared first on AMBCrypto. дальше »
2019-11-2 14:30 | |
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Dow Sizzles Near Record Highs Despite Dangerous Employment Reality
The Dow Jones moved further above 27,000 on Friday as the S&P 500 and Nasdaq hit record highs in response to new US employment data. Bulls backed the stock market because the trade war doesn’t appear to be doing as much damage to the domestic economy as some feared. дальше »
2019-11-4 22:16 | |
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30% of Americans Believe the U.S. Dollar Is Backed by Gold
Genesis Mining has conducted a survey asking what the U. S. dollar is backed by. Apparently, around 30% of the U. S. public believes that the dollar is still backed by gold. The Bretton Woods system ended in 1971, and it was then that the convertibility of USD to gold was officially terminated. дальше »
2019-11-1 11:27 | |
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Nearly 1/3 of Americans Believe This Myth About the US Dollar
Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the tip of the iceberg when it comes to US financial illiteracy, however. дальше »
2019-11-1 23:41 | |
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Bitcoin Mining Firm Study Shows How Clueless People are About Money
A study by Bitcoin mining firm Genesis Mining has shown that a startling number of US citizens have no idea about how their financial system works. A whopping 29 percent of respondents said they thought the US dollar is still backed entirely by gold. дальше »
2019-11-1 23:00 | |
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Bitmain Quietly Files IPO with SEC, Backed by Deutsche Bank
Bitmain, the leading Chinese cryptocurrency mining equipment manufacturer, has just filed for an Initial Public Offering (IPO) with the U. S. Securities and Exchange Commission. Surprisingly the IPO will be sponsored by the infamous Deutsche Bank. дальше »
2019-10-31 15:03 | |
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Fintech Heavyweights Launch Initiative to Promote Amenable Regulation
In an effort to bridge the communication gap between financial regulators and innovators building fintech, distributed ledger technology (DLT) and crypto-related platforms aimed at promoting the growth of decentralized finance (DeFi), forward-thinking blockchain entrepreneurs have launched the Alliance for Innovative Regulation (AIR). дальше »
2019-10-30 14:56 | |
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Canada’s Ledn Set to Offer DAI Loans Backed with Bitcoin (BTC) as Collateral
Canadian blockchain startup, Ledn, opens up Latin American cryptocurrency holders to DAI loans using their digital assets as collateral. According to a published post on Coindesk, the firm will start off by offering Bitcoin (BTC) backed loans in the Ethereum based DAI stablecoin in order to promote the use of crypto across the region. Get […] дальше »
2019-10-30 00:15 | |
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Tencent Takes Charge in Crafting International Standards For Blockchain Invoices
The Chinese giant Tencent has recently been allowed by Chinese tax officials to move forward with a process to draft the new international standards for blockchain-based invoices. According to the reports from local media outlets, the project was backed by several other countries, too. дальше »
2019-10-29 21:40 | |
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Paxos Gold Opens Up for Trading on HitBTC and Bithumb Exchanges, Holders Can Earn Interest
The New York-based crypto exchange Paxos has recently revealed that its gold-backed asset Paxos Gold will be listed in two additional exchanges. According to the company, HitBTC and Bithumb will receive the token. дальше »
2019-10-29 23:25 | |
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OKEx Joins Kakao Corporation Backed Klaytn Blockchain Project as Ecosystem Partner
One of the leading digital asset exchanges in the world, OKEx has joined forces with Klaytn – a global public blockchain project as an Ecosystem Partner. As a part of the partnership, OKEx will be working closely with other partners in the Kakao Corporation backed blockchain project. дальше »
2019-10-27 14:08 | |
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Trump Advisor and Former Fed Nominee Launches Fractional Reserve Stablecoin
Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin. дальше »
2019-10-22 13:37 | |
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The Karatbars International Debacle: Global Currency or $6 Billion Con?
The German cryptocurrency corporation Karatbars International has fallen into public scrutiny for its alleged creation of a currency backed by gold, without having the reserves to back its claims. Media titles, including Bitcoin. дальше »
2019-10-22 06:00 | |
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Former Fed Nominee for President Trump to Launch Frax Stablecoin Not Pegged to USD
The former pick of President Donald Trump for the Federal Reserve (Fed), Stephen Moore, has recently affirmed that he will issue a new stablecoin, which is set to be backed by a fractional reserve. Moore is set to partner with Ralph Benko, a former deputy general counsel from the Reagan era, and with Sam Kazemian, […] дальше »
2019-10-22 23:52 | |
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Bitcoin.com acquires O3 Labs, a Japanese blockchain development startup
According to multiple reports, Bitcoin. com, a cryptocurrency firm backed by Bitcoin Cash proponent, Roger Ver, acquired O3 Labs, a blockchain development startup. O3 Labs, which is based out of Tokyo, Japan, offers a virtual asset wallet along with the developer’s assistance via a digital application programming interface. дальше »
2019-10-21 12:54 | |
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Nervous Depositing USD To Binance US Exchange? Now They Will Have FDIC Backed Insurance
The U. S. branch of the largest crypto exchange in the world, Binance US, has recently announced that now its customers will be partially insured by the Federal Deposit Insurance Corporation (FDIC). дальше »
2019-10-19 18:25 | |
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Poloniex splits from Circle; finds new backing ‘led by’ Tron’s Justin
Cryptocurrency exchange Poloniex published a blog post stating that they would be separating from parent company Circle, rebranding as Polo Digital Assets and ending support for US customers on the exchange. дальше »
2019-10-19 10:59 | |
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Oracle CEO’s Untimely Death Creates Cloud of Uncertainty for the Tech Company
Mark Hurd, who has been at the helm of software giant Oracle for the past half-decade, has died at 62 years old. It’s no doubt a blow to the company, where Hurd has shared the CEO spot with Safra Catz since Oracle founder Larry Ellison backed away from the role in 2014. дальше »
2019-10-21 02:41 | |
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Poloniex spinning out from Circle to establish independent global exchange
Famous altcoin exchange Poloniex, which was acquired by Circle approximately 18 months ago, announced today in an effort to create a competitive internationally-focused cryptocurrency exchange, the Poloniex team and leadership are spinning out from Circle into a new independent international company, Polo Digital Assets, Ltd. дальше »
2019-10-19 19:05 | |
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Bermuda government to accept taxes in USDC stablecoin
Based on the latest report by Circle, Bermuda became the first government to accept payments for taxes, fees and other government services using stablecoin, USD Coin (USDC). The acceptance of USD-backed cryptocurrency is a result of Bermuda’s efforts into supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services. дальше »
2019-10-16 19:56 | |
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Nike Air Jordan Backed Crypto Price Drops Amid NBA’s Houston Rockets GM’s Tweet On Hong Kong
A post by a renowned Chinese crypto trader has gone viral after he noticed a sharp decline in the value of crypto tokens supported by Nike’s Air Jordansneakers in an exchange that is based in the US following the fallout between the NBA and Chinese government officials. дальше »
2019-10-16 19:12 | |
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USDC Marks a Year of Transparency
Today, Circle released the 12th consecutive report proving that every outstanding USD Coin (USDC) is backed by a US dollar. This report—and every other report—is publicly available here (and the latest one shows that, as of September 30th, there were 429,470,737 USDC outstanding and $429,965, дальше »
2019-10-16 17:47 | |
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Bermuda Becomes 1st National Government to Accept Tax Payments in USDC Stablecoin
Today, Bermuda became the first government to accept payments for taxes, fees and other government services using USD Coin (USDC). Announced as part of a broader initiative from the Bermuda government aimed at supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services, this is a major дальше »
2019-10-16 16:13 | |
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CoinField’s Secret XRP Ledger Project Sologenic to Tokenize Stocks & ETFs
Cryptocurrency exchange CoinField has finally revealed the details of its “secret” XRPL project, Sologenic. This ecosystem facilitates the trading of on-demand tokenized assets including stocks and ETFs from over 25 global stock exchanges or fiat backed stablecoins on top of the XRP Ledger. дальше »
2019-10-16 21:16 | |
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US vs Europe, Unthinkable or the New Reality Amidst Brexit?
The strongest alliance of the century may be under the biggest strains as it came very close to proxy war in Syria. Trump has now backed out, demanding a cease... The post US vs Europe, Unthinkable or the New Reality Amidst Brexit? appeared first on Trustnodes. дальше »
2019-10-15 15:09 | |
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VanEck exec claims Visa, Mastercard were forced to stay away from Libra
While several dissed Facebook’s cryptocurrency venture, Libra, a few others envisioned the social media giant’s move to be a boost to the crypto-industry, due to its global reach. However, the regulatory climate that surrounds the project has been hindering its launch. дальше »
2019-10-14 10:08 | |
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Banks are Feeling Threatened of Bitcoin and for Good Reason, Tim Draper
A new opportunity for a new currency Governments have to adapt to not control through currency Venture capital investor and Bitcoin bull Tim Draper currently in an interview shared how currencies today are based on faith in the government. дальше »
2019-10-14 20:41 | |
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Facebook’s Libra project loses support from Visa, Mastercard, eBay, Stripe
“Challenging the government’s monopoly on the printing press requires you to not be at the government’s mercy. This is the reason Bitcoin was released by anonymous entities, and it is also one of the reasons that cryptocurrencies backed by goods [even fiat currency] are a bad idea from a regulatory perspective. дальше »
2019-10-12 09:01 | |
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MakerDao’s MCD will be initially backed with ETH: Maker’s Head of Smart Contracts
Ethereum’s annual gathering, Devcon 5, witnessed MakerDao’s highly anticipated announcement about Multi-Collateral Dai [MCD]. The launch date has been set for 18 November and the introduction of MCD was identified as a major milestone for the MakerDAO foundation. дальше »
2019-10-11 20:30 | |
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New gold-backed Ethereum token is guaranteed by Australian government reserves
Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves. дальше »
2019-10-10 15:59 | |
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New Ethereum token is backed by gold reserves guaranteed by Australian government
Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves. дальше »
2019-10-10 15:59 | |
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Vanguard to Create a Blockchain Platform with Symbiont for $6 Trillion Forex Market
Vanguard, a mutual fund giant of the financial industry, has started a partnership with Symbiont, a company backed by Nasdaq Ventures. Together, these two firms are set to develop a $6 trillion currency market platform focused on forex trades. дальше »
2019-10-10 01:26 | |
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