ESB’s Director Benoit Coeure: There Are No Plans to Ban Facebook’s Libra

ESB’s Director Benoit Coeure There Are No Plans to Ban Facebook’s Libra

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

Russia-based Metal Company Norilsk Nickel Launches Palladium-backed Stablecoin

Russia-based Metal Company Norilsk Nickel Launches Palladium-backed Stablecoin

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 inks Deal with Ethereum Foundation to Design VDF

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

Bitcoin (BTC) May Have Bottomed; Crypto Analysts Debate Over BTC Price Return to $4,300

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

‘EToroX’ the Newly launched -Crypto Exchange by EToro Blockchain Division Offers 8 Stablecoins Along with Many Other Trading Features

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