AlphaWallet is a tokenization firm providing companies with exclusive services of launching their coins. Boosted by the Ethereum network, AW allows users to take advantage of DeFi, DAOs, stable coins and ERC-20 smart contracts.Together with the UEFA, AW plans to bring the crypto fans together with football fans. This will happen through an Ethereum integration, with over 20,000 tokens put on the custom blockchain to back up the tickets.Victor Zhang, AlphaWallet CEO, noted:“If we can convert...
Read More »Roger Ver: BCH Will Soon Be Much Larger than Bitcoin
Roger Ver used to be a full-time bitcoin fanatic. He was one of the currency’s early investors, which earned him the nickname “Bitcoin Jesus.”Roger Ver: I’m a BCH Man, Not BitcoinHowever, in recent years, Ver has shifted his focus and love over to bitcoin’s baby brother bitcoin cash (BCH). BCH came about in 2017 following a hard fork of the head honcho of crypto. The currency rose to prominence just months later when the entire industry was experiencing bull behavior like we had never...
Read More »Bakkt Gets a New Chief Executive Officer
Recently, Live Bitcoin News reported that the former CEO of Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – had left her post to go serve in the United States Senate. While it’s only a temporary position, the company still needs to find a worthy replacement – even if it’s for just a small amount of time.Bakkt Has a New Person in ChargeBakkt is introducing us to Mike Blandina, the new CEO of the platform, while Adam White will serve...
Read More »Bill Gates Participated in Reddit’s Secret Santa, Here’s What He Sent as a Gift
Reddit’s Secret Santa gifts exchange is matching people on a random basis, then they send gifts to each other. This year, Reddit user Shelby receives gifts from the top U.S. business shark – Bill Gates.An 81 Pounds Box of Good TasteShelby lives in Detroit, Michigan and she was participating in Reddit Gifts since 2013, just like Bill Gates did. This year, she and her husband were shocked to see that the present sent to them by Secret Santa was an 81 pounds box with a mark #95 on it. This is...
Read More »Amazon Sits Atop S&P 500 With Record Holiday Season Sales
As far as the S&P 500 index is concerned, Amazon seems to have hit a new record this holiday season. According to a Bloomberg report, the e-commerce giant’s sale of “tens of millions” of Amazon products, cemented a “record-breaking” end of the year.Amazon S&P 500 RecordAmazon’s low-volume trading, shortly after Christmas, ensured its top spot on the S&P 500 as it jumped by 3.4%. As holiday shopping continued to increase, other stores including J.C. Penney Co., Macy’s Inc. and...
Read More »Ripple’s XRP Steadied as Bearish Sentiment Holds Sway
At the hour of composing, XRP/USD is changing hands at $0.1882, generally both unaltered since the start of Friday and on the last day. XRP has recouped from December 18 low of $0.1725; in any case, the further recuperation is by all accounts restricted by a mental obstruction at $0.20.It’s critical to recall that regardless of whether XRP can turn bullish temporarily, its long term trend remains quite terrible. The cryptocurrency has plunged over 60% over the most recent half-year and has...
Read More »Russian Central Bank Tests New Kinds of Stablecoins
The Russian Central Bank is testing stablecoins, which are backed by real assets. The testing is to occur within a regulatory sandbox that functions based on certain regulations. The Russian Central bank disclosed this recently when the Chairman Elvira Niabullina said:“We test stablecoins in our regulatory “sandbox.” Companies come that want to issue tokens secured by some real assets. We in the “sandbox” look at how they can work, but we do not assume that they will function as a means of...
Read More »Banks of China Give Elon Musk $1.29 Billion for Shanghai Tesla Plant
Tesla‘s products build a cyberpunk future many people were waiting since the 20-century classic books. A regulatory file posted on Thursday claims that big Chinese lenders work with Tesla corporation on financing the first Tesla plant construction in China. Situated outside of the U.S., the plant will serve the Asian market with the cars that are of high honor among Chinese folks.By signing several deals, Tesla is trying to expand its manufacturing to the world’s largest automobile market....
Read More »France Financial Authority Announces New Rules for Digital Asset Providers
According to the publication, the Autorité des Marchés Financiers (AMF), made these rules to expand on the PACTE law. The PACTE law, which initially went into effect back in May, went down in history as one of the foremost comprehensive legal frameworks to guide the crypto sector, in all of Europe.Compliance RequirementsThe new AMF laws have a few mandatory points that interested applicants must meet. The DASP must have a two-year business plan, with specific details on how the business will...
Read More »OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch
OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...
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