The Cryptocurrency market is famous for its extremely volatile nature but what happened just now is not less than a shock for many, The most volatile move of Bitcoin which brings Bitcoin from $8,000 mark to as low as $7,450, Bitcoin lost more than $500 in a matter of minutes …Read More »
The Gemini Dollar stablecoin (GUSD) is a standout amongst the latest stablecoins to be released. The coin was issued on September 10, 2018, by the Gemini cryptocurrency exchange, which is driven by the Winklevoss twins. It is an ERC-20 token based on the Ethereum blockchain and as per its whitepaper, it is intended to be "entirely backed 1:1 to the U.S. dollar."
Since its value is attached to the U.S. dollar, Gemini is required to utilize a State Street bank to hold the USD resources and has gotten FDIC protection inside specific limits of confinement for their product.
What makes this stablecoin novel is that it will be regularly independently audited by BPM Accounting and Consulting. The audits will have the job of guaranteeing that Gemini is holding the equal measure of U.S. dollars for its GUSD possessions, and the aftereffects of each audit will be made public.
Ripple has started opening office in Washington, DC. The Blockchain Association, joined by Ripple with Michelle Bond who is the Global Head of government relations and Craig Phillips, the former Counselor to the secretary at US Treasury Department are the prominent personalities to join Ripple’s Board of Directors. Hello, Washington …Read More »
CoinAgenda Global Returns to Las Vegas, October 26-28, Connecting Blockchain Industry Titans with Investors, Enterprise & Entrepreneurs
Sixth Annual VIP Conference Sets Limited Attendance of 500 Delegates for Intimate, High-Touch Presentations and Networking with Industry’s Leading CEOs, Funds, Media, Plus Renowned Keynote Speakers and 50 Cryptocurrency and Startup Presentations LAS VEGAS — SEPTEMBER 4, 2019 — CoinAgenda (https://coinagenda.com/), the leading global conference series connecting professional investors, traders, …Read More »
Monday witnessed a further downfall of BTC by 1% just when Bitcoin was expected to rise. It was just after a firm close to the week on Sunday as the price gradually moved from $7875 TO $8300. BTC is struggling to rise above the 20 weeks moving average, with its …Read More »
The crypto investor Michael Terpin, who is the victim of sim swap scam worth $24 million dollars has written an open letter to the United States Federal Communication Commission (FCC) Chairman Ajit Pai. The SIM swapping scam is one of the cryptocurrencies scams and came out in a previous couple …Read More »
In present time there are many ups and down going in the Cryptocurrency market and in the recent list, there is an announcement that Bitcoin.com the firm which is backed by Cryptocurrency investor Roger Ver has acquired O3 labs. O3 labs is a Japanese Blockchain development startup. This O3 startup …Read More »
The cryptocurrency market is struggling to get over the bearish correction. Some currencies like Bitcoin, Ethereum, Ripple are struggling to have bullish momentum in their values. Verge, on the other hand, is under continuous bearish pressure and has been a lot of ups and downs this year. The currency is …Read More »
‘’I am kind of polarizing. People either like me or they hate me. There’s not a lot of people in between’’- says the protagonist of the crypto platform Cardano. Charles Hoskinson, the creator of Cardano is a famous entrepreneur who carries some infamous stains due to his history with Ethereum. …Read More »
Ripple’s Q3 2019 XRP Markets Report reveals a noticeable downfall in its XRP. With the sale of $66.2 million of XRP in Q3 2019, Ripple falls straightly down by 74% in comparison to its sale in Q2 which stood at $251.5 million. According to an official report displayed by Ripple …Read More »
The second-largest bank in the U.S, Bank of America has made a public announcement that they are using the technological solutions created by the Ripple cryptocurrency which famous for its blockchain payment service. The bank is also thinking about adopting Ripple’s distributed ledger technology or DLT. On the other hand, …Read More »