Major cryptocurrency exchange Binance is cementing its presence in Indonesia, announcing an investment in a major domestic regulated exchange Tokocrypto. Major cryptocurrency exchange Binance is cementing its presence in Indonesia, announcing an investment in a major domestic regulated exchange Tokocrypto on May 12. In 2019, Tokocrypto reportedly became the first Indonesia crypto exchange to seal […]
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Digix announces ‘Project Ragnarok’ integration of dissolution mechanism for its DigixDAO platform. Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem. Each quarter, DGD token holders will vote on the mechanism — called Project Ragnarok — with DigixDAO only […]
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A renewed demand for gold amid shaky money and bond markets is perfect timing for blockchain to bring transparency to holding and trading. If you’ve been following Peter Schiff for his prediction of the 2008 financial collapse or strictly because of his affinity for gold, then you’re probably aware that he is not a fan […]
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Stablecoins backed by precious metals — here’s how to choose which one to invest in and why they are stable. Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins. Related: Stablecoins, Explained Stablecoin is […]
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Monolith Visa debit card can now be loaded with tokens from Digix and MakerDAO. London-based banking alternative Monolith announced its partnership with decentralized finance companies Digix and MakerDAO, Aug. 15. As part of its drive for digital payment adoption in e-commerce, DGX, DGD and DAI tokens will now be loadable onto the Monolith Visa debit […]
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Morgan Stanley’s report shows Bitcoin’s appeal to institutional investors as the market evolves. On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison […]
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We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we usually pay attention to the backing connection, in other words, to the coin’s stabilizing mechanism. […]
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Digix DAO (DGD), #28 by market capitalization with a total market cap of $500 million has partnered with Traceto.io as the KYC service provider for the Digix marketplace. KYC, or Know Your Customer is the process of verifying the identities of clients and investors. It is part of the Anti-Money Laundering (AML) regulations that govern […]
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