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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Peter Schiff Bungled Wallet Password, Solving ‘Bitcoin Mystery’

Famous crypto skeptic and gold bug Peter Schiff said that his “Bitcoin mystery” is solved after realizing that he mistook the pin of his Bitcoin (BTC) wallet for the password. In a tweet on Jan. 22, Schiff explained that he knows the pin of his wallet, but after the app was updated, he was logged […]

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“BOB” a New Blockchain Phone on the Horizon by PundiX

Two years since it was first seen on the floor of the XBlockchain Bali 2018 conference, the new version of the “BOB” i.e. Blok on Blok phone created by PundiX was unveiled and presented during CES 2020 ultimately winning an innovation reward by the conference organizers. PundiX, a company well-recognized in the cryptocurrency ecosystem broke […]

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Price Analysis Jan 22: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

Traders are taking a break after the most recent volatility which suggests that most major cryptocurrencies will remain range-bound for the next few days. Recently Hiromi Yamaoka, the former head of payments and settlements at the Bank of Japan, said that Facebook’s Libra has forced central banks to research and consider issuing central bank digital […]

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New Regulations Are Set To Throw The European Crypto Space Into Turmoil

Politicians and regulators are growing increasingly aware of the significance of blockchain assets, and have begun scrambling to create rules intended to reign in the open market activity that is a hallmark of crypto use. In Europe, the Fifth Anti-Money Laundering Directive (AMLD5) has now taken effect, which directly addresses a range of cryptocurrency-related issues. […]

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Six Major Central Banks to Collaborate on Digital Currency Research

The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC). According to a press release published by the Bank of England on Jan. 21, the aforementioned institutions will share their experience with other […]

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