Dutch Central Bank: World Will Need Gold if Entire System Collapses
Crypto-skeptic Dutch central bank admits gold superiority to fiat money Go to Source Powered by WPeMatico
Month: October 2019
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments retain … Read more
Crypto ‘Sextortionists’ Turn to Litecoin to Avoid Detection: Report
Crypto “sextortionists” are switching to Litecoin and other alts to avoid email filters Go to Source Powered by WPeMatico
Report: G7 Says ‘Global Stablecoins’ Pose Threat to Financial Stability
The G7 has released a report claiming that “global stablecoins” could pose a threat to global financial stability. Go to Source Powered by WPeMatico
The Perth Mint Issues a Digital Token Backed by Physical Gold Reserves
The issuance of new digital currencies has almost become a given in this day and age. Not all of these currencies are linked to companies active in the world of blockchain and cryptocurrency. The Perth Mint Gold Token is a good example. It is issued by a recognized financial institution and aims to revolutionize payments. … Read more
More Nations Join the Club of Crypto-Friendly Jurisdictions
Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky Executives View Regulations as the Biggest Threat Government … Read more
Telegram Bombshell, Zuckerberg to Testify, Ripple Row: Hodler’s Digest, Oct 7–13
In this week’s Hodler’s Digest, a massive setback for TON as the SEC deems the Gram token offering illegal, and Bakkt bounces back as volumes rise 796% in a day Go to Source Powered by WPeMatico
Telegram Responds to Investors on SEC Action, Hearing Set for Oct. 24
TON developers respond to its investors, claiming that they have been trying to solicit feedback from the SEC for the past 18 months Go to Source Powered by WPeMatico
Android Tool Lets You Check Crypto Payment Apps for Double-Spends
The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly solved the difficult task, but a growing ecosystem … Read more
Privacy Coin Zcash Community to Develop Wrapped Token for Ethereum
The Zcash community is purportedly developing a wrapped token for the Ethereum network Go to Source Powered by WPeMatico