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The Fed Chair Jerome Powell Commented That the Consumers Are Not ‘Clamoring For Central Bank Backed Cryptocurrencies’
8.9.2019
Addressing a forum sponsored by the Swiss Institute of International Studies, in Zurich, Switzerland, on Sept. 6, the Federal Reserve Chair Jerome Powell answered questions about the issue of cryptocurrencies. He stated that the central bank is not “actively considering” minting...
Mark Mobius Argues Bitcoin Should Be Backed by Gold to Have Any Value
5.9.2019
Famous emerging markets investor Mark Mobius believes that Bitcoin needs to be backed by gold to have any value
Binance to Launch USD-backed Stablecoin, Gets Approval in New York
5.9.2019
Major crypto exchange Binance said it partnered with Paxos Trust Company, a crypto custody company and issuer of stablecoins, in order to launch a new stablecoin, Binance USD (BUSD), later this month.
"BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S....
Binance Joins Forces With Paxos to Launch USD-Backed Stablecoin ‘BUSD’
5.9.2019
Binance announced its partnership with Paxos to launch USD-backed stablecoin, approved by the NYDFS
Binance Launches Dollar-Backed Stablecoin With NYDFS Blessing
5.9.2019
Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos
Paxos Launches Gold-Backed Cryptocurrency
5.9.2019
A gold-backed asset from Paxos aims to lure gold bugs into the world of cryptocurrency trading
Google And Virgin Group backed-firm Blockchain Aims to Raise $50 Million For Startups
4.9.2019
Venturing into the world of digital currencies has gained a lot of popularity in recent years with some of the biggest names of the financial world getting associated with this domain. The recent announcement of London-based firm, Blockchain, raising $50 Million for exploring and supporting...
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
People’s Bank of China Denies Media Reports About Launching State-Backed Cryptocurrency
30.8.2019
Recently, the People’s Bank of China, known as the Central Bank of the nation, has confirmed that the bits of gossip regarding the launch of a state-backed cryptocurrency is false. The declaration was made in the report by The Global Times, the official paper of the Communist Party of China...
Chinese Media Denies Report of Upcoming State-Backed Digital Token
28.8.2019
The building of the Chinese central bank. The report that the Chinese central bank will launch its digital token in the coming months and seven institutions will be the first to receive it are based on “not reliable” sources, major Chinese news app Tencent News, owned by tech giant Tencent, said...
Coinbase-Backed Nomics Launches Trading Transparency Product
27.8.2019
Nomics is launching a new data transparency product to prove how much real volume trades on exchanges
Roger Ver–Backed CoinFlex Exchange Is Taking Aim at BitMEX Futures Market
26.8.2019
CoinFlex closed a $10 million funding round backed by Polychain Capital and Bitcoin.com chairman Roger Ver, among others
Binance Launches Crypto Lending With Up to 15 % Annualized Interest
26.8.2019
Crypto exchange Binance is now offering users up to 15% in annualized interest for lending their crypto assets such as BNB and USDT
Blockchain-Backed Cash Registers in 49 Retail Stores in Venezuela by Pundi X
23.8.2019
Now we will get to see blockchain-backed cash registers in Venezuela. As per sources, Venezuela’s largest department store will launch this in its forty-nine retail outlets in the country. The news was announced by the department store’s operator- Traki. Further, these blockchain-backed cash...
Samsung-Backed Blockchain Startup Raises $7.5M from Shinhan Bank
22.8.2019
Samsung-backed blockchain startup Blockco raised $7.5 million in a funding round from the likes of Shinhan Bank and KEB Hana
Tether to Issue Stablecoin Backed by Chinese Yuan in Belgian Bank: Insider
21.8.2019
Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong
TRON Backed WINk Obtains Gaming Curacao License Validation; Justin Sun Says ‘Giant Leap’
16.8.2019
Blockchain-based gaming network WINk, backed by TRON Foundation, has obtained Gaming Curacao License, the company has informed. While this might just be a small step, it could prove to be a revolutionary step for the digital blockchain gaming industry. Founder and CEO of TRON, and WINk promoter...
Walmart Files Patent Application For Blockchain-Backed Drone Communication
15.8.2019
Walmart has reasserted its interest in blockchain-backed drones with a recent patent application. Commerce giant Walmart filed for an application entitled “Cloning Drones Using Blockchain” in January 2019 with the United States Patent and Trademark Office publishing the patent on August...
Crypto.com Enlists Binance Launchpad Backed Elrond’s ERD Token, Now Available For Trade
14.8.2019
Cryptocurrency trading platform Crypto.com has listed Elrond’s ERD token, which launched via the Binance Launchpad. Users can now buy and sell ERD token at true cost, using bank transfers and credit cards on the platform. https://t.co/vCNztABJoG Lists Binance Launchpad Token – Elrond’s ERD....
Winklevoss-Backed Flexa Expands Crypto Payments Service to Canada
14.8.2019
Functioning like a pipeline for commercial transactions, SPEDN processes regular purchases in cryptocurrencies like bitcoin or ethereum