A guide to blockchain interoperability — one of the main hurdles in the way of mass adoption of the technology and the ways it could be overcome. Are blockchain interoperable now? The short answer is no. Not yet, at least. Cryptocurrency exchanges are still a strong medium for interoperability in the crypto space. If someone […]
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Paxos, the stablecoin operator behind PAX Standard, announced what it claims is the first crypto asset redeemable for physical gold. Stablecoin operator Paxos launched PAX Gold (PAXG), a gold-backed Ethereum (ETH) token. Paxos announced the launch of the product above in a press release published on Sept. 5, claiming that it is “the first crypto-asset […]
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Winklevoss-led Gemini crypto exchange has introduced its clearing and settlement product Gemini Clearing. The Winklevoss brothers-led Gemini crypto exchange has introduced its new clearing and settlement product Gemini Clearing. No OTC desk on Gemini Gemini announced the new clearing and settlement solution in a blog post on Sept. 5, explaining that the Gemini Clearing allows […]
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Crypto exchange Binance and blockchain trust company Paxos join forces to launch USD-backed stablecoin, approved by the NYDFS. Binance, the biggest crypto exchange by volume, and digital asset trust company Paxos announced its partnership to launch a USD-backed stablecoin, which has received approval from the New York State Department of Financial Services (NYDFS) Binance USD […]
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Binance’s venture arm led a $5.7 million Series A round to launch new decentralized blockchain protocol. A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol. According to a press release shared with Cointelegraph on Sept. 5, Binance labs has […]
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The SEC has not requested Overstock for information within the ongoing probe since December 2018, interim CEO says. Patrick Byrne’s exit from Overstock has nothing to do with the allegedly ongoing regulatory investigation, the firm’s interim CEO said. No requests since December 2018 Overstock’s interim CEO Jonathan Johnson claimed that the alleged probe by the […]
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South Korea’s pop music giant SM Entertainment is building a dedicated cryptocurrency and blockchain. Korean pop music giant SM Entertainment revealed plans to build its own cryptocurrency and blockchain in partnership with tech organization CTIA Labs. CT-AI Labs CEO Sang-Sik Joo announced the initiative at the developer conference of South Korean crypto exchange UpBit, local […]
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A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a $16.3 million crypto exchange fraud. A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a 500 million baht ($16.3 million) crypto […]
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A special edition of the new Galaxy Note 10 for the South Korean market will reward users with free KLAY tokens. South Korean tech giant Kakao Corp. will issue its affiliate cryptocurrency, KLAY, direct to Samsung smartphone users. According to the Wall Street Journal (WSJ) citing people familiar with the plans on Sept. 5, the […]
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A German political party wants to save the climate by issuing a new crypto coin to anyone who removes CO2 from the atmosphere. The Free Democratic Party (FDP) in Germany proposes to issue a new cryptocurrency called Arbil to anyone who removes CO2 or other greenhouse gases from the atmosphere. Get paid to withdraw CO2 […]
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