Financial Regulators all over the world have expressed their intentions of not putting an immediate ban on Facebook’s own cryptocurrency, “Libra” and other stablecoins. However, such tokens that are backed by official currencies need to meet certain standards and regulations before they become operative. The director of the European Central Bank, Benoit Coeure said in
A Russia-based metal company is launching a metal-backed token and a clearinghouse for tokenized products. The Russian metals magnate, Norilsk Nickel, or Vladimir Potanin’s Nornickel is launching a palladium-backed stablecoin based on Hyperledger Fabric. They joined Hyperledger (a blockchain consortium led by the Linux Foundation) this summer. And reportedly, the Hyperledger Fabric token was developed
Protocol Labs revealed its partnership with Ethereum Foundation on April 19 through a blog post. The company said that the Verifiable Delay Foundation (VDF) will be developed in collaboration with the Ethereum foundation. In short about Protocol labs: Protocol Labs designs protocol systems and tools to enhance the internet technology, Protocol Labs is research, development
This past weekend had been a little rough for the cryptocurrency market. Bitcoin dipped below $5300, and the signs continued to be there all through the weekend. It had seen some constant growth in the past few weeks, which had made people hopeful for the market but unfortunately, it seems like it’s going down south
Crypto analysts across the globe are having a tough time debating over the Bitcoin (BTC) hitting bottom by 85% from its all-time highs. This act of BTC decidedly bottoming at $3,150 has become the talk of the town for the crypto market. Cryptoanalysts are speculating a “black swan” event in the crypto market, especially at
Every crypto transaction handled by exchange or conversion platforms is subject to a certain amount of charges. These fees vary from time to time. Considering the recent rise in the price of Bitcoin, it seems that its transaction fees have gone up too. The transaction fees were costing users about $0.50 mark for each transaction
eToro is a trading platform that allows the users to invest in cryptocurrency, ETFs, fiat currencies, indices, commodities, socks and so on. The blockchain division of the multi-asset brokerage company- eToro has recently launched a crypto exchange- ‘EToroX’ that is specially designed for the pro traders. The company states that this exchange is highly secure
The largest crypto exchange in the world, Binance has finally affirmed that it will delist Bitcoin SV (BSV) on April 22. As the news comes out, it has started affecting the value of Bitcoin SV already. Bitcoin SV has observed a drop of nearly 9% after the news and is somewhere near 8.54% in the
