Heritage Foundation economist Stephen Moore is planning to release a stablecoin that relies on a fractional reserve. A former campaign adviser to United States President Donald Trump is planning to release a stablecoin based on a fractional reserve. As Fortune reported on Oct. 21, Stephen Moore announced plans to launch a stablecoin dubbed Frax, which […]
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UNICEF’s decision to accept donations and distribute humanitarian aid in Bitcoin and Ether proves that cryptocurrency is changing the world one day at a time. When disaster strikes the swift delivery of aid often plays a massive role in preventing disease, exposure, and the pause in the delivery of essential services from exacerbating an already […]
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Libra has gotten off to a spluttering start in the eyes of regulators. But could central banks swoop in and save the day? Ever since the vision for a Libra stablecoin was unveiled in its white paper back in June, Facebook has suffered a startling backlash from countries around the world. Some American politicians have claimed the […]
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Binance CEO said that Russian users will be able to buy crypto on Binance directly using Russian ruble in “about two weeks.” Binance, one of the largest global crypto exchanges, will soon add support of fiat trading, starting with the Russian ruble. Adding Rubble in “about two weeks” The news was publicly announced by Binance […]
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A Master of Science in Blockchain and Distributed Ledger Technologies program has been announced at the University of Malta. A master’s degree in blockchain and Distributed Ledger Technology (DLT) is now attainable at the University of Malta. Fintech-focused news outlet CrowdfundInsider reported on the creation of the new master’s degree on Oct. 21, also noting […]
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Bitcoin IRA has partnered with digital asset lending firm Genesis Capital to offer investors the opportunity to earn interest on cryptocurrency and cash holdings. BitcoinIRA has partnered with digital asset lending firm Genesis Capital to offer investors the opportunity to earn interest on cryptocurrency and cash holdings. As an Oct. 21 press release notes, Los […]
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IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to recover $880 million in funds. IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to regain access to $880 million in funds. Discovery is a law allowing each party to obtain evidence from the other party or […]
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American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange adoption. American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange (DEX) adoption. McAfee made his argument in a tweet posted on Oct. 20. Stablecoins as an interim solution […]
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Fed’s balance sheet expands to $3.97 trillion in weeks as ex-Bank of England governor predicts a looming financial crisis. Bitcoin (BTC) proponents are voicing fresh alarm after the United States Federal Reserve printed more than its entire market cap in new money this month. Fed balance sheet approaches $4T As noted by cryptocurrency social media […]
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Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s Libra. Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s […]
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