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

One 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, … Read more

Massive Fake Celebrity-Endorsed Bitcoin Investment Campaign Duping Google, Facebook Traced to Moscow

A massive bitcoin ad scam campaign — which features celebrities and mainly targeted Australians — has been traced. The investigation’s findings point to a “highly organized” global business that relies on five addresses in Moscow’s center. Massive Bitcoin Ad Scam Campaign Traced to Russia According to The Guardian, the scam campaign’s magnitude has made it … Read more

P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume

A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume According to Localbitcoins, a peer-to-peer (P2P) … Read more