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Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...
Saxo Bank’s Outrageous Prediction 2020: Asia Launches DLT-Based Asset
4.12.2019
In its new “Outrageous Predictions” report, Danish Saxo Bank says that Asia will launch its own blockchain-based digital asset in 2020
British Virgin Islands Announce US Dollar-Backed Digital Currency
3.12.2019
The British Virgin Islands announced that crypto firm LifeLabs is developing a U.S. dollar-backed stablecoin for the territory
Ex-CFTC Chair Giancarlo to Push for Digital Dollar in New Role at White-Shoe Law Firm
2.12.2019
Christopher Giancarlo has joined law firm Willkie Farr & Gallagher as its new senior counsel, where the former CFTC chief intends to continue advocating for a digital dollar and other policies
Why Eurasian Debt, Economic Uncertainty Make a Bull Case for Bitcoin
30.11.2019
Talk of the need for “a new, neutral global reserve asset” is ongoing at the heart of the traditional financial sphere
Kraken, One of Oldest Bitcoin Exchanges, Joins Silvergate Exchange Network
28.11.2019
Kraken cryptocurrency exchange has joined crypto-focused Silvergate Bank’s Exchange Network
Stablecoins Can Temper US Dollar Hegemony Risks, Says Non-Profit Exec
27.11.2019
The systemic risks posed by U.S. dollar domination of global foreign currency reserves could be tempered by stablecoin issuance, analysts argue in a new piece for the WEF
US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System
20.11.2019
The U.S. Federal Reserve System is evaluating the development of a digital dollar and what issues and risks it could potentially pose
Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman
20.11.2019
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits
‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation
14.11.2019
The new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS)...
Bitcoin History Part 20: BTC Reaches $1
13.11.2019
It was a milestone that Bitcoin loyalists had long anticipated. Nevertheless, a toast was in order the day BTC reached parity with the US dollar. February 9, 2011 was the historic date, and over on the Bitcointalk forum, talk inevitably turned to what this meant for the nascent cryptocurrency. Also...
Binance Exchange Is First Client for Paxos’ New Dollar Gateway
12.11.2019
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance
Ex-Fed Chair Greenspan: ‘No Point’ in Central Bank Digital Currencies
12.11.2019
Former Fed chair Alan Greenspan has argued there’s “no point” for central banks to issue central bank digital currencies
Canadian Blockchain Firm Launches USD-Pegged Stablecoin CUSD
11.11.2019
BVCI launches USD-pegged stablecoin CUSD after debuting CADT in July
Wirex Launches Visa Travelcard to Transform 800 Billion Dollar Payments Industry of APAC
11.11.2019
Wirex, a cryptocurrency and fiat transfer platform headquartered in UK’s London, has recently unveiled its latest offering in the form of next-gen Wirex Visa Travelcard. The firm believes this card could help transform the 800 billion dollar payments industry of APAC. The official announcement...
Max Keiser: Bitcoin's 'Self-Settlement' Is a Revolution Against Dollar
7.11.2019
Move over U.S. dollar, Bitcoin’s self-settlement is key in disarming the weaponized world reserve currency, says Keiser
New Hire to Head Digital Currency Research at the US Fed
5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...
Coinbase Legal Chief Wants Private Sector to Create US Digital Dollar
5.11.2019
Coinbase’s legal chief believes the private sector should develop the United States digital dollar
Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar
5.11.2019
Coinbase chief legal officer Brian Brooks thinks the private sector is best positioned to build America's digital dollar
Central Bank Blockchains and Corporate Ledgers Are Still Vaporware
4.11.2019
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...