Paxos launches PAX Gold – Stable cryptocurrency issuer Paxos has released the new gold-backed PAX Gold (PAXG) token. Each PAX Gold can be converted to one ounce of gold, which currently costs about $ 1500. The token was launched with the approval of the New York Department of Financial Services (NYDFS), and was listed on…
Using the “wisdom of the crowd” in conjunction with blockchain and smart contracts is a young but very promising direction for predicting any events. Crypto enthusiasts remembered 2016-2017 as a period of mass insanity. Against the backdrop of numerous ICOs, sometimes in a matter of hours or even minutes collecting millions of dollars, blockchain and…
The government of the African state of Burundi has banned the use of cryptocurrencies on its territory to protect consumers from fraudsters and potential losses from trade. “Virtual currencies are traded on unregulated online platforms around the world and their cost is very volatile, which leads to speculative operations that expose users to potential losses….
The operator of the largest online wallet, Blockchain.com, announced that it will hold a new round of financing, during which it plans to raise $ 50 million. According to Yahoo! Finance, which refers to two anonymous sources, Blockchain.com is already negotiating funds that it will use to invest in shares and purchase cryptocurrency tokens. Sam…
Specialists of the grid company IDGC of the North Caucasus revealed in Ingushetia the fact of theft by miners of electricity worth more than 130 million rubles. According to the department of public relations of the network company, not far from the village of Plievo in the Nazran district of Ingushetia, IDGC of the North…
The past months seem to be a bit boring. The rate of bitcoin always seems to be moving within the same margin, between 8,500 euros and 11,300 euros. But do you zoom out the price chart? Then something special stands out. Misir Mahmudov is a writer and analyst at Adaptive Capital. This is an organization…
Coincheck’s Tokyo-based crypto exchange stopped all margin trading orders until the end of October 2019. As of November, the platform will limit leverage to 4X (up from 5X today). Also, the Coincheck exchange announced on the official blog a number of indications for customers who already have active orders. Those who have pending orders must…
The Hong Kong custodian service Legacy Trust has launched one of the first of its kind retirement plans, under which citizens’ pension savings will be stored in digital assets. The new program will be available to working citizens, individual entrepreneurs and self-employed people. The company expects the retirement plan will also attract cryptocurrency investors. Legacy…
August ended with Bitcoin losing, and analysts are turning their attention to September. But opinions are divided – some argue that there is a possibility of a price correction due to the small volumes, while others believe that the launch of Bakkt will boost the price increase. Larry Cermak: The small volumes indicate a possible…
Jack Dorsey, CEO of Square’s payment startup and founder of Twitter, said that Bitcoin will continue to spread, but it’s too early to consider currency. In an interview with the Australian Financial Review, Dorsey said that, in his opinion, the first cryptocurrency will continue to be widely used, but so far, bitcoin does not work…
