DBS Bank launches blockchain-powered treasury tokens pilot

Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to tokenized gold. In an interview with Cointelegraph, the DAO representatives outlined three major benefits unique to tokenized gold, including

Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder and analyst Jaran Mellerud.The key metric backing Mellerud's claim is enterprise value-to-sales ratio — measuring a company's value to its sales revenue. The higher the ratio, the more overvalued a company

Calls to enforce clear and uniform guidelines for crypto across European Union (EU) member states are to be made before EU finance ministers this week, Reuters reports September 5.Brussels-based think tank Bruegel is said to have prepared a new report devoted to the crypto industry for EU finance ministers, who are due to meet this…

Bitcoin (BTC) is keeping traders on the edge of their seat this week as support levels come close to breaking.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders line up targets below $40,000Data from Cointelegraph Markets Pro and TradingView shows that lines in the sand below $40,000 barely remain intact after multiple retests.The $40,000 mark has been…

Australian Reserve Bank governor Philip Lowe says that somebody always pays for money printing. 1473 Total views 4 Total shares Australian Reserve Bank governor Philip Lowe has taken a swipe at the concept of money printing, as further fiscal stimulus measures are rolled out in the country amid the ongoing pandemic.In a speech in Sydney…

Overleveraged traders feel the pain once again as volatility wipes out huge amounts of value in minutes. 4260 Total views 21 Total shares Bitcoin (BTC) crashing to $27,700 and rebounding seconds later was a shock for some and financial ruin for others, data shows.According to on-chain analytics resource Glassnode, futures traders with long positions lost…

"Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks," said FSA official Mamoru Yanase. On June 26, Japan's financial regulator, the Financial Services Authority (FSA), announced a partnership with the Monetary Authority of Singapore (MAS) for the joint regulation and pilot testing of cryptocurrency projects in accordance with…

Bitcoin's (BTC) severe 26% drop from its $58,300 all-time high on Feb. 20 injected a bit of bearishness into the market but from a technical perspective, this was purely psychological as the digital asset held the $43,000 support with ease. This downside move caused indicators like the Crypto Fear & Greed Index to hit 38,…

The popular trading app offers commission-free trading for Bitcoin, Ethereum and other cryptocurrencies. 456 Total views 4 Total shares Robinhood, a popular trading app targeting millennials and other inexperienced investors, has become a major hub for cryptocurrencies, offering further evidence that digital assets are garnering mainstream appeal. The company reported Thursday that 9.5 million users traded…