Crypto news

Stable currencies are all the rage as of late. However, most are allegedly backed by fiat money such as the U.S. dollar, the euro, the yen and the yuan. Less often do we encounter coins backed by precious metals or similar commodities, and Coin Shares Group is looking to change that.Stable Currencies Are Growing in PopularityBased in London, Coin Shares is a company that specializes in stable coins. The company has recently released a new product its dubbing DGLD, which is a form of gold...

At press time, bitcoin has taken something of a nosedive and is now trading for a measly $8,800.Bitcoin Drops AgainWhile the price isn’t nearly as bad as it could have been, the currency has fallen below the $9,000 line, which is where it’s been for nearly two weeks. Things ultimately took a nasty turn for bitcoin and cryptocurrencies in general in late September when Bakkt – the institutional crypto trading platform owned by the Intercontinental Exchange (ICE) – debuted to rather lackluster...

Decentralized finance’s (DeFi) meteoric rise has been accompanied by a slew of advances in financial technology, sparking a wave of P2P lending protocols and liquidity pools. The increasing competition of borrowing/lending, stablecoins, derivatives, and even cross-chain CDPs mark a new era in fintech innovation and have bred some intriguing externalities. Many DeFi lending protocols offer interest rates that are significantly more appealing than rates offered by banks and low-risk fixed...

Canadian crypto exchange CoinField has unveiled its top project Sologenic today at Malta AI and Blockchain Summit (AIBC), during the second day of the conference. CEO Bob Ras explained how Sologenic will merge traditional financial markets and crypto on the XRPL (XRP Ledger). Ras spoke exclusively to Coinspeaker at the conclusion of his presentation. Bob, you what was the key message that you delivered today in Malta about Sologenic?Bob Ras: If you look at the market size of stocks and ETFs...

It seems like scams will never dissipate from the cryptocurrency space.Scams: They’re More Prominent Than EverA man in New York has been arrested and charged with running a fraudulent cryptocurrency operation. 47-year-old Asa Saint Clair claimed that his project was tied to the United Nations (UN) through an international sports development program.This should have been the first big “no-no” for investors thinking about the operation. What on Earth does the United Nations have to do with...

On November 7-8, 2019, Singapore time, the world’s third artificial intelligence and blockchain summit was held in the European island nation of Malta. Leaders from all continents, industry elites, and media representatives gathered to discuss the development of blockchain technology and digital assets. As a representative of global cryptocurrency exchange, BitTok was also invited to attend this summit. Join hands with top experts, enterprises and investment institutions in the fields of...

From the birth of Bitcoin in 2008 to the rising popularity of Ethereum in 2014 until now, the concept and practice of blockchain and digital assets have become more and more popular. The blockchain is called as a machine that transfers trust and value, combining financial technologies such as the Internet of Things (IoT) and big data on driving the global economic transformation from the era of information into the era of internet value. In this era, asset chaining, traditional asset...

In 1950s, a large amount of gold was discovered in California. The news of gold brought approximately 300,000 people to California from the rest of the United States and abroad leading to a California gold rush in the west.Through this incidence, San Francisco grew from a small settlement to a boomtown. Today, one and a half centuries later, United States especially the Silicon Valley in San Francisco, remains the land of global entrepreneurs. The entrepreneurial story of Silicon Valley’s...

Peter Schiff, a popular economist and financial broker, as well as a recognized author, has said that Bitcoin’s price will never reach $100,000. He also stated that Bitcoin’s pump is “finally over” and warned for an incoming dump.Bitcoin’s Price Will Never Reach $100,000It’s not uncommon to see quite a lot of predictions coming from a range of different people within and outside of the cryptocurrency community, especially when it comes to Bitcoin’s price. Some of them are optimistic, while...

Photo: CoingamingCoingaming, a software provider for white-label Bitcoin casino solutions, is glad to announce a Last Man Standing contest that the company has recently run on its crypto sports bookmaker Sportsbet.io. The event is being held to celebrate the addition of TRX crypto on all Coingaming’s brands. While predicting sports outcomes, all participants have a chance to win 1 Million TRX, that the company aims to grant one lucky punter with most correct forecasts.Based in Tallin,...