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USD – Page 23 – DIGIT INFO

The Myth of Authority: Mnuchin Denies USD Is Used Criminally

U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of a soundbite as well, sharing her thoughts on “bitcom” and the need … Read more

What Are Dollars Used for, President Trump? – The Gun Money Known as USD

Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.S. fiat will always be the strongest currency in the world. As empirical evidence goes, however, it’s … Read more

Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up

Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less volatile economies. National banks globally have been consistently struggling to … Read more

Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash

On June 12, the cryptocurrency exchange Coinex announced the listing of a new Simple Ledger Protocol (SLP) token called honestcoin (USDH). The Honestcoin.io website details that the new token is a fully regulated stablecoin issued on the Bitcoin Cash network backed 1-to-1 for U.S. dollars. Also read: Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin … Read more

PR: TRCE – Crypto Exchange Set To Launch In Q4 2019

The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in Spain (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing on emerging markets. The post PR: TRCE – Crypto Exchange Set … Read more

Crypto Charity Airdrop Venezuela Raises $292K – Mostly in BCH

According to the founder of Airdrop Venezuela, the charity that aims to donate US$1 million worth of cryptocurrencies to Venezuelans, the nonprofit has registered 60,000 beneficiaries and raised $292,000 in donations so far. Moreover, bitcoin cash (BCH) has led the pack as far as the most donations are concerned with roughly 670 BCH ($194,900) gifted … Read more

PR: BitCash Offers Fiat Banking Tools and Stability

BitCash – a new cryptocurrency ecosystem developed by blockchain engineer and serial entrepreneur Christian Kassler – launched on 28 August 2018. Combining traditional fiat banking tools and stability in one, BitCash seeks to be the world’s most useable, and most used, cryptocurrency. The post PR: BitCash Offers Fiat Banking Tools and Stability appeared first on … Read more

PR: 7Eleven Launches IEO on LAToken Exchange

7Eleven is a blockchain-based technology payment platform, that is convenient for customer to buy and sell products. Currently, 7Eleven token is being evaluated and expected to be listed for IEO by some exchanges.What is 7Eleven platform?7Eleven is a blockchain-based technology platform that is convenient for customer to buy and sell products that helps verifying transactions … Read more

While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market … Read more

Bitcoin Volumes in Venezuela Plummet During Nationwide Blackout

Venezuelans are having a difficult time as the country’s power grid shut off on March 7, leaving the majority of Venezuelan states with no electricity for well over a week. According to reports on March 14, electricity has been restored throughout most states within the country. However, during the week-long blackout, bitcoin trades on the … Read more

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