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Bankera Launches a Global Crypto Backed Lending Solution
21.9.2019
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...
North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions
19.9.2019
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold...
Bankera Announces the Release of Global Crypto-Backed Lending Solutions, Bankera Loans
19.9.2019
Although the idea of crypto-backed loans is not entirely new, as the flow of cryptocurrencies in 2017 encouraged an ascent in crypto dependent lending platforms, current arrangements in general, will overlook customers, who are searching for smaller loans. Bankera Loans hopes to democratize access...
Coinbase-Backed ConsenSys Alum Aims to Build GitHub for Web3
17.9.2019
Harrison Hines, a former ConsenSys token guru, is building a developer hub for the decentralized web via his startup Terminal
Liechtenstein Approves DLT Public Offering with Porsche-Backed Firm
16.9.2019
German crypto startup Neufund launches its blockchain public offering platform with a Porsche-backed firm as the first issuer
PayPal is Watching Out for Facebook Backed Cryptocurrency Libra
14.9.2019
In recent News, PayPal stated that it is watching out for Facebook backed Cryptocurrency, Libra, which is scheduled to make a big appearance with the one of the leading digital payments firm. Moreover, international tension is intensifying over Libra, with national banks, regulators,...
Mastercard Teams Up With R3 To Create Blockchain-backed Cross Border Payments System
12.9.2019
Nowadays, the mere mention of blockchain technology makes people associate the whole thing with Bitcoin and other cryptocurrencies. However, in this regard, it needs to be pointed out that blockchain technology in itself is independent of cryptocurrencies and can be used in a wide variety...
Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week
12.9.2019
Binance's dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading
Rapper Akon Says Bitcoin Better Than ‘Military-Backed’ US Dollar
10.9.2019
Grammy award-winning music artist Akon has made the case for Bitcoin, lambasting the US dollar for being ultimately sustained by the government’s military might
John McAfee Backed Illumnine Blockchain Incubator Breaks Cover
8.9.2019
In order to give a fresh impetus to the adoption of blockchain technology, two industry veterans Team McAfee and Apereum have come together to launch Illumnine – a business incubator which will help the companies in their pursuit for the adoption of blockchain. This new venture will help...
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...