Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550. The new product is available as an ERC-20 token on the Ethereum blockchain, as well as a TRC20 token on Tron (TRX). […]

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New European Blockchain Association Called ADAN

“Association pour le Développement des Actifs Numériques” (ADAN) is an association that will represent the blockchain industry before the authorities in France and Europe. “The Association for the Development of Digital Assets” was announced on January 14th, 2020 through a press release on the official ADAN website. Its job will be to represent the European […]

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Kik Representative Will Give Deposition in SEC Case on Jan. 28

The United States Securities Exchange Commission (SEC) has requested a deposition from a representative of Kik Interactive Inc. to provide detailed information about its operations since releasing native token Kin. Kik Interactive, the Canadian company behind the Kik messenger application, has been dragged into a long-standing legal battle with the U.S. regulator. The SEC claims […]

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Dow Rallies Aggressively After WHO Calms Stock Market’s Virus Panic

The Dow Jones rallied off its lows as the World Health Organization calmed fears about the Wuhan coronavirus in China. It was still a tough day for the Dow, which declined amid risk-off trading conditions. Further weighing on the stock market, Trump appears committed to starting a trade war with the European Union. It was […]

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