Statera – a Global Deflationary Asset

PRESS RELEASE. Since its inception, Statera has had a singular goal: “to put cryptocurrency into every portfolio”. Statera is a first-of-its-kind asset that offers a unique exposure for any user: an immutable, global, decentralised and deflationary asset. On top of this, Statera threads through multiple liquidity pools, allowing users to easily and instantly diversify into […]

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Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund

Grayscale Investments Clears Out XRP in Its Digital Large Cap FundGrayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets. In an announcement made earlier today, Grayscale made it known that the firm has sold all of its XRP tokens from the Digital Large Cap Fund. Grayscale Sells Off All XRP Holdings There appears to be more gloom for […]

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Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan

Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation PlanDecentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before leaving a message for the Cover team. Exploit No Longer Possible Immediately after the […]

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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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