Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by Coronavirus Crisis

Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by Coronavirus CrisisA municipality in the province of Sevilla, Spain, has launched its own cryptocurrency, which aims to encourage residents and merchants to arrange transactions with it in the midst of the coronavirus-driven economic impact. Spain’s Sevilla Municipality Launches ‘Elio’ Cryptocurrency to Boost Local Economy According to Europa Press, the City Council of Lebrija created “Elio,” a […]

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Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins

Major Palladium Producer Issues Its First Metal Contract-Backed Digital CoinsOne of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore. Palladium Producer Giant Issues Its First Blockchain-Powered Tokens According to the announcement, Norilsk Nickel (known as Nornickel) said the issuance of the digital coins involves metal contracts, […]

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Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation

Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law PromulgationThe head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge in Token Issuance’ for 2021 After Crypto Law Promulgation According to the […]

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Free TON Community’s Meritocratic Token Distribution Model to Revolutionize Tokenomics

The Free TON Community’s Meritocratic Token Distribution Model to Revolutionize TokenomicsFree TON is a community driven PoS network with a focus on decentralized governance. It is based on the open-source TON project which was previously developed by Telegram. Free TON never had an ICO and will never have a token sale. Instead the project implements a distribution model that will revolutionize tokenomics. This also makes […]

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Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case

Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud CaseSouth Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May and July, Bithumb is the largest exchange in the country. According to a local […]

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Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline

Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes OfflineCoinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During this downtime, crypto traders that are new to markets.Bitcoin.com got a glimpse of […]

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